Security Breaches Strike Two-Thirds of Businesses

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Security breaches are on the rise, according to a new study conducted by cloud security company Veracode and Forrester Research. The survey found 62 percent of businesses experienced a security breach in the last 12 months. Veracode blames the lack of uniform security methodologies.

Cloud-based application security solutions provider Veracode has released the results of a study it commissioned with Forrester Research around the state of software security today and what enterprises are doing to protect critical data residing in applications.

Among the findings, the exploitation of vulnerabilities in software is a major cause of data breaches with 62 percent of companies responding that they have experienced security breaches which exploited vulnerabilities in software in the last 12 months.

Veracode recently expanded its SecurityReview subscription service to implement a comprehensive approach to managing application security risk across a diverse enterprise application portfolio including internally developed, purchased, outsourced and open source applications. The enhanced Application Risk Management Platform enables enterprises and ISVs to implement centralized governance and controls for software security across their entire software infrastructure while simultaneously providing a continuous skills development model for internal and extended development teams.

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