In the last few years, many organizations from various industries, including retail, media, healthcare, automotive, finance, aviation, real estate, etc., have been affected by security incidents or data breaches. Q2 2023 saw 2.6 times more data breaches than Q1 2023. 110.8M accounts were leaked, with 855 accounts being leaked every minute. According to IBM, data breaches, on average, cost $4,45 million (2023), a 15% increase over three years. Surprisingly, half of the breached organizations are still unwilling to increase security spending despite soaring breach costs. The vulnerabilities in applications and environmental configuration are among the major factors resulting in the success of cyberattacks.
To strengthen security, what needs to be changed in existing software development and maintenance processes? Let’s examine the additional measures and process adjustments your company should make for the well-tuned and secure Software Development Lifecycle (SDLC).
