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Showing posts from December, 2022

How enterprises can gain a competitive advantage with GRC security

  Organizations today are leaning towards GRC, which enables them to mitigate threats, maintain compliance and facilitate business/customer legalities. Furthermore, the boom in industry 4.0 technologies, such as AI, IoT, ML, etc., has opened new avenues of business opportunities and newly emerging cyber risks, which have become the primary driving force behind the increased industry-wide adoption of GRC.  Many organizations seek GRC Security for effective risk management and to gain a competitive advantage in a landscape of growing uncertainty. Many lack visibility in this complex network of increasingly connected processes, operational velocity, and volume of risks. Recent studies siloed risk and compliance management as the greatest barrier, according to 33% of organizations. Almost 70% of organizations demand more integrated processes and technologies to ensure GRC Strategies perform well under stress. While challenges organizations today face include broken processes,...

Why businesses should care about application security?

Application security services Mobile and internet penetration has grown manifold and is expected to rise further in the coming years. Application development has also kept pace with this change. Recent research points out an 83% year-on-year increase in mobile app downloads. But what cannot be overlooked is that cyber risk has also enhanced. With each passing day, companies realize the growing importance of  application security . As a result, the revenue from global application security is expected to grow at 13%, resulting in a market volume of US$3.82bn by 2027. And the most revenue shall be generated by the US, according to a recent study by Statista. Globally, senior leadership are more focused on rapid development and faster release cycles, which has led to the neglect of application security. The most important thing to be noted is that constant and growing cyber threats mean apps need to be secure.   In a recent bulletin report, the U.S. House of Representatives has de...