In the face of escalating cyber threats, organizations are rethinking their fragmented application security frameworks.
A striking 70% of businesses, overwhelmed by an array of disjointed security testing solutions, are seeing their resources drained and risks magnified, according to a recent survey cited by HCLTech.
The global technology company recently delved into why consolidation is vital to the simplification of application security.
This complexity has prompted a strategic shift towards the consolidation of security tools. The goal is clear: to streamline security measures and bolster defenses against the constantly evolving cyber threats. The fragmented approach, with its diverse application security testing (AST) tools, has become a significant barrier to effective security management.
The drawbacks of maintaining multiple AST solutions are multifaceted, it said. Firstly, the redundancy in security tools not only inflates costs but also complicates the detection of critical vulnerabilities, thereby diluting the return on investment in security. Secondly, the use of numerous tools disrupts the development cycle, introducing inconsistencies and duplicated efforts across teams. Lastly, this approach results in a scattered understanding of risks, as developers struggle to prioritize and manage security vulnerabilities due to a deluge of inconsistent findings.
Against this backdrop, the drive for consolidation is gaining traction. Research by Gartner highlights that 75% of organizations are actively seeking vendor consolidation to tackle the complexity of the cybersecurity landscape. This trend is supported by the findings in the 2023 Application Security Testing Trends Report, which notes that 85% of respondents are either in the process of or have completed consolidation efforts.
But why is this shift towards consolidation so crucial? For starters, it allows organizations to enhance the efficiency of their application security investments, HCLTech explained. By reducing the number of security tools and partnering with a comprehensive provider, businesses can cut costs and streamline operations. Moreover, consolidation helps manage the complexity of multiple security solutions by centralizing policy management and standardizing security practices across all teams and applications. This not only fosters efficiency and automation but also simplifies the overall security management process.
Furthermore, a unified approach to application security enables organizations to form a cohesive view of their risk landscape, which is critical for informed decision-making and effective prioritization of security issues. By integrating diverse test findings, companies can develop a comprehensive understanding of software risks, strengthening their security stance.
To achieve successful consolidation, organizations must carefully select a vendor that meets their critical security testing needs and offers a robust suite of solutions. The chosen provider should be committed to continuous innovation to keep pace with new threats and evolving technologies. Additionally, the flexibility of pricing and licensing, along with the vendor’s ability to integrate smoothly with existing security infrastructures, are essential factors to consider.
Read the full story here.
Keep up with all the latest FinTech news here.
Copyright © 2024 FinTech Global
Copyright © 2018 RegTech Analyst
