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Monday, June 22, 2015

IT managers must watchout for web apps-related security breaches: Report

Considering that 7 out of 10 hacking attacks take place through web applications, it is extremely critical for IT managers to focus on their website security, recommends Indusface in its recent report.

NEW DELHI: Considering that 7 out of 10 hacking attacks take place through web applications, it is extremely critical for IT managers to focus on their website security, recommends Indusface in its recent report. A provider of application security solutions for web and mobile applications, Indusface has outlined some alarming statistics on state of website security in India.The report says that the overemphasis on network security and lack of awareness of application security has made many companies overlook web application security risks entirely. While e-commerce and other competitive online-focused businesses have to frequently make changes, banking, insurance, and other finance companies aren’t too keen to change things as it involves complete planning and auditing.

Says Venkatesh Sundar, CTO, Indusface, “There’s scarcity of India-specific data on cyberhacking to help educate our CIOs and CISOs. But we must learn from whatever information we have, and ramp up for the security risks to avoid losing billions of dollars like the West.”

Here are some of the key India-centric facts:

  • 91% of the websites that IndusGuard web application scanner tested had SQL Injection vulnerability
  • 97% were prone to Cross-Site Scripting attacks
  • SQL Injection and Sensitive information leakage by web application breach have increased significantly
  • More than 10 million internet shoppers, growing yearly by 30%, luring cybercrimes
  • 185 million active mobile internet users with 243% growth, a platform which is highly vulnerable
  • 58% attacks are for financial gains and 42% by foreign governments
  • 155 .Gov and .nic domains were hacked last year
  • 32,323 public Indian websites were hacked in 2014 with 14% Y-o-Y jump

 

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News Sources:

http://timesofindia.indiatimes.com/tech/tech-news/IT-managers-must-watchout-for-web-apps-related-security-breaches-Report/articleshow/47747401.cms

http://cio.economictimes.indiatimes.com/news/digital-security/it-managers-must-watchout-for-web-apps-related-security-breaches-report/47756694

Resources
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State of Application Security in India Presentation by Ashish Tandon CEO Indusface

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