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Barracuda Networks Inc., Cenzic Inc. and the Ponemon Institute Announced the Results of the 'State of Application Security Survey' - 73 percent of organizations have been hacked at least once in the last 24 months through insecure web applications
Barracuda Networks Inc., Cenzic Inc. and the Ponemon Institute Announced the Results of the 'State of Application Security Survey'

 

PRZOOM - /newswire/ - Campbell, CA, United States, 2011/02/08 - 73 percent of organizations have been hacked at least once in the last 24 months through insecure web applications. NYSE: CUDA

   
 
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• Report from Ponemon Institute finds website attacks are the biggest concern for companies, yet 88 percent spend more on coffee than securing Web applications;
• 69 percent of organizations rely on network layer firewalls to protect their websites, leaving Web applications wide open for attack;
• 72 percent of organizations test less than 10 percent of their Web applications for security holes, some knowing they have been hacked in the past.

Barracuda Networks Inc., Cenzic Inc. and the Ponemon Institute, today announced the results of the “State of Application Security Survey, ” which reveals respondents’ perceptions and experiences protecting Web applications. The survey underscores the lack of adequate protection currently in use and overall insufficient resources and knowledge around Web application security.

According to 74 percent of respondents, Web application security is either more critical or equally critical to other security issues faced by their organizations. Despite this, the study shows there are many misconceptions around the methods used to secure Web applications, primarily Web application firewalls and vulnerability assessment.

“While it is encouraging to see that Web application security is on the minds of most organizations, there still seems to be a real disconnect between the desire and implementation of security countermeasures required for Web application security, ” said Dr. Paul Judge, chief research officer and VP for Barracuda Networks. “The fact that 69 percent of respondents are relying upon network firewalls to secure Web applications is like relying upon a cardboard shield for protection in a sword fight – eventually your shield will prove that it's insufficient and an attack will reach you that can fly past a network firewall.”.”

“The fact that a quarter of respondents could not provide a range for how many Web applications they have is a huge red flag right off the bat, ” said Mandeep Khera, CMO for Cenzic. “Furthermore, that 20 percent of organizations do not test at all and 40 percent test only 5 percent of their Web applications is shocking. And, most of these companies have been hacked multiple times through insecure Web applications. If you know that burglars come through a broken door repeatedly wouldn’t you want to fix that door?”

Other key findings in the study include:

• Data protection (62 percent) and compliance (51 percent) were the top reasons for securing Web apps. Job protection was also a significant reason cited by 15 percent of respondents.
• Despite 51 percent listing compliance as a key driver for Web application security, 43 percent are not familiar with or have no knowledge of OWASP, a key component to compliance standards like PCI.
• With 41 percent reporting they have over 100 Web applications or more, the majority (66 percent) test less than 25 percent of these applications for vulnerabilities.
• More than half (53 percent) expect their Web hosting provider to secure their Web applications.
• Of those respondents who own a Web application firewall, nearly 2 times agreed that a reverse proxy is a better and more secure technology than a transparent bridge technology.

"While IT practitioners recognize the criticality of secure Web applications, their organizations do not provide adequate resources and expertise to manage the risk, " said Dr. Larry Ponemon, chairman and founder, Ponemon Institute. “Over half of the respondents we polled believe they do not have resources to detect and remediate insecure Web applications, and 64 percent said they believe that their organization have inadequate governance and usage policies.”

The results of the survey from the Ponemon Institute are based on responses from 637 practitioners in a variety of industries with an average of 11 years of experience in their profession. The full survey analysis can be found at cenzic.com/.

About Cenzic, Inc.
Cenzic (cenzic.com), a trusted provider of software and SaaS security products, helps organizations secure their websites against hacker attacks. Cenzic focuses on Web Application Security, automating the process of identifying security defects at the Web application level where more than 75 percent of hacker attacks occur. Our dynamic, black box Web application testing is built on a non-signature-based technology that finds more “real” vulnerabilities as well as provides vulnerability management, risk management, and compliance for regulations and industry standards such as PCI. Cenzic solutions help secure the websites of numerous Fortune 1000 companies, all major security companies, leading government agencies and universities, and hundreds of SMB companies -- overall helping to secure trillions of dollars of e-commerce transactions. The Cenzic solution suite fits the needs of companies across all industries, from a cloud solution (Cenzic ClickToSecure Cloud™), to testing remotely via our managed service (Cenzic ClickToSecure® Managed), to a full enterprise software product (Cenzic Hailstorm® Enterprise ARC™) for managing security risks across the entire company.

About Ponemon Institute
The Ponemon Institute is dedicated to advancing responsible information and privacy management practices in business and government. To achieve this objective, the Institute conducts independent research, educates leaders from the private and public sectors and verifies the privacy and data protection practices of organizations in a variety of industries.

 
 
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Barracuda Networks Inc., Cenzic Inc. and the Ponemon Institute Announced the Results of the 'State of Application Security Survey'

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