70% of finance apps vulnerable to input validation attacks

  • 28 August 2014
  • 0 replies
  • 161 views

Userlevel 7
By: HNS Staff/ Posted on 28 August 2014.
 
http://www.net-security.org/images/articles/search.jpg
The data reveals finance and retail industry applications are the most vulnerable to data breaches, with 70 percent of retail and 69 percent of financial services applications shown to have data input validation violations. This is particularly concerning, considering the amount of personal and financial customer data often held in applications across these industries.

CAST EVP Lev Lesokhin who led the security analysis said, “So long as IT organizations sacrifice software quality and security for the sake of meeting unrealistic schedules, we can expect to see more high-profile attacks leading to the exposure and exploitation of sensitive customer data. Businesses handling customer financial information have a responsibility to improve software quality and reduce the operational risk of their applications --not only to protect their businesses, but ultimately their customers.”

 
Help Net Security/ full article here/ http://www.net-security.org/secworld.php?id=17304

0 replies

Be the first to reply!

Reply