Rohit Sethi on How to create an effective application security budget

How to create an effective application security budget

Inadequately secured software ranks amongst the most significant root cause issues in cybersecurity. The frequency and severity of attacks on the application layer is greater than that at the network layer, yet research shows that network security receives double the budget. According to Ponemon Institute, 18 percent of IT security budgets are dedicated to application security, while 39 percent is allocated to network security. As a result, organizations suffer from not having ample resources to detect vulnerabilities in applications.

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Security Compass, a leading provider of cybersecurity solutions, enables organizations to shift left and build secure applications by design, integrated directly with existing DevSecOps tools and workflows. Its flagship product, SD Elements, allows organizations to balance the need to accelerate software time-to-market while managing risk by automating significant portions of proactive manual processes for security and compliance. SD Elements is the world’s first Balanced Development Automation platform. Security Compass is the trusted solution provider to leading financial and technology organizations, the U.S. Department of Defense, government agencies, and renowned global brands across multiple industries. The company is headquartered in Toronto, with offices in the U.S. and India. For more information, please visit https://www.securitycompass.com/