5 reasons to focus on application protection in 2022

Jan 11, 2022

When developing the Peermoon super app and other technologies, we pay special attention to technology protection. We are going to share with you our expertise on why this is important and becoming more and more important.

In today’s ever-evolving and increasing digital world, application security is a crucial component of the software development lifecycle, and getting it correctly should be a top concern. Application security is the process of finding and correcting security flaws in your apps’ code to protect them against harmful assaults.

Today’s businesses devote a significant amount of time and money to tools and practices that aid in the security of their applications throughout the software development lifecycle. As systems get more sophisticated and hackers continue to increase their attempts to attack the application layer, achieving application security in 2022 has become a huge problem for software engineers, security, and DevOps specialists.

In 2022, application protection technology will demand a significant financial investment as well as an increase in human resources to manage hardware and software solutions. In 2022, including app protection testing into the software development lifecycle (SDLC) may jeopardize development timeframes, resulting in a loss of productivity and competitiveness. When your software portfolio consists of hundreds or thousands of apps and websites, it can be difficult to know where to start when it comes to app security. 

How can software development companies ensure that they have all the necessary tools and processes in place to effectively combat the numerous risks to application protection? It’s time for businesses to choose a different route. Technology can help businesses eliminate security bottlenecks that restrict development teams from developing more effectively, efficiently, and safely in five ways.

5 reasons to focus on application protection in 2022

1. Remove Bottlenecks and integrate workflow

App protection is time-consuming without the correct tools. To stay up with the competition, developers are rapidly constructing apps, while security teams are dealing with an ever-growing backlog of issues to verify, triage, assign, and monitor. Organizations frequently place a high priority on critical business assets while leaving the remainder of the attack surface open to assault. Security is frequently overlooked as part of the software development lifecycle. The truth of business security is that there are apparently interminable backlogs. Advanced tools can assist businesses in reducing false positives, embracing automation, and ensuring security is integrated throughout the development process.

2. Lowered risk of damage reputations

A single data breach might potentially cost millions of dollars to your firm. This amount does not include the long-term costs spent when customers leave without intending to return. You may dramatically reduce the chances of a breach by taking efforts to verify the application you rely on for your day-to-day business operations is safe against all known threats (particularly if it’s an in-house product). 

3. Greatly improved application security

Developers generate better code as a result of learning to design secure apps. Security experts from all levels of the IT sector have noticed this effect.

4. Enhanced productivity outside the technology team

Unprotected applications are invariably more buggy than secure software. Fewer bugs equal better workflow, which implies that investing in security has a multiplier effect across the board.

5. Reduce the manual work by reducing the false positives

False positives are a concern in almost every company. By proving direct-impact vulnerabilities such as OS command injections, path traversals, and SQL injections, automation decreases false positives. False positives cost businesses time and money, but inadequate tools and laborious procedures often stifle productivity. Manual verification slows down remediation and takes time away from more important security activities.

Many application protection experts believe there isn’t enough automation, despite the fact that it’s vital to embrace and invest in automation. Automated App protection testing can swiftly identify, test, and fix vulnerabilities, allowing you to devote more time to high-value security and development initiatives. False positives may be reduced by using automation and optimizing procedures are three principles that can help firms develop while maintaining app security.

When this technology is used, it produces an application that:

● Uses extensive obfuscation, encryption, pre-damage, and metadata removal to defend itself from attackers.

●Uses methods including check-summing, resource verification, debugger detection, method swizzling/hook detection, and jailbreak/root detection to identify whether an attack is being attempted at run-time.

● Responds to cyber-attacks by shutting down programs, self-repairing, or informing the user.

Better app protection, less serious flaws for your business in 2022 

In a nutshell, companies that approach application protection with vigilance and foresight are better protected. These firms see a stronger return on investment for their e-business endeavors in the long run. Every firm, financial or otherwise, must make the security of financial applications a top priority.

The importance of cybersecurity will only grow in the future. The desire of a business to keep ahead of dangerous actors should not need regulatory intervention. Progressive businesses recognize that if they want to stay in business and make a profit, they need to maintain the greatest cybersecurity posture possible.