Security News > 2024 > November > 50% of financial orgs have high-severity security flaws in their apps

Security debt, defined for this report as flaws that remain unfixed for longer than a year, exists in 76% of organizations in the financial services sector, with 50% of organizations carrying critical security debt, according to Veracode. Financial sector apps accumulate more security debt With the average cost of a data breach in the financial industry estimated to be $6.08 million, the research comes at a critical time for one of the most highly targeted … More → The post 50% of financial orgs have high-severity security flaws in their apps appeared first on Help Net Security.

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https://www.helpnetsecurity.com/2024/11/01/financial-sector-applications-security-debt/