Firms skip security reviews of major app updates about half the time

Firms skip security reviews of major app updates about half the time

July 18, 2024 at 03:36AM

According to a CrowdStrike report, only 54 percent of cyber security workers review major software updates. The process is time-consuming and costly, with an average annual expenditure of nearly $1.2 million for code reviews. Security managers face challenges such as misaligned tools and prioritizing issues. Strengthening application security is critical in the face of evolving threats.

Based on the meeting notes, it is clear that there is a significant challenge in ensuring that major code updates undergo a security review in a timely and effective manner. Some key takeaways from the notes include:

1. Only 54 percent of cyber security workers review major updates to software applications, according to a poll of tech managers.
2. The likelihood that major code updates undergo a security review resembles a bell curve, with significant variability in the frequency of reviews.
3. Time and cost are major factors affecting the frequency of security reviews, with the average yearly cost of security reviews estimated at nearly $1.2 million.
4. Respondents work with multiple coding languages and use a variety of tools for threat detection, leading to challenges in managing security effectively.
5. There is a need for organizations to strengthen their application security posture in light of evolving threats and techniques by adversaries.

These takeaways highlight the importance of addressing the challenges related to security reviews and the need for organizations to prioritize and invest in improving their application security practices.

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