Why Web Security Is Important to Your Business
Providing a secure experience for website visitors is crucial to a business’s reputation and longevity. With global cybercrime expected to cost $10.5 trillion by 2025, neglecting web security is a huge mistake for businesses. Cyber attackers can exploit weaknesses in your websites to steal information, ransom money, disrupt operations, and more. With the right preventative measures in place, you can spend less time worrying about security threats and more time building a strong online presence.
Web security strategies typically comprise of multiple cybersecurity tools that work together. These technologies can stop malware and ransomware, block phishing domains, restrict access to credentials, and more. They should also provide visibility, alerts, and reporting to help you identify threats and protect your infrastructure. When selecting your web security solutions, it’s important to remember that no tool is the same, and each has its own strengths and weaknesses. Be sure to thoroughly research every vendor, and make sure your chosen solutions are configured correctly to avoid vulnerabilities.
Vulnerabilities are most commonly introduced in the web application development stage, through insecure coding practices or framework choices. Training developers on secure coding practices, such as input validation and output encoding, can mitigate many of these risks. Additionally, choosing a secure framework with a good track record of patching and community support is a good way to limit your vulnerability surface.
The web is an incredibly powerful tool that can enable your users to interact with you and your products in new ways. However, with greater flexibility comes greater risk. As more data and processes move to the web, hackers have more opportunities to attack. Insufficient web security protections can put sensitive information at risk, including private product data, customer usernames and passwords, internal algorithms, and more. It can even disable your services or compromise the security of your customers’ devices.
One of the most devastating consequences of poor web security is loss of revenue. In addition, a hacked website can expose customers’ personal information, lead to identity theft and other forms of fraud, and ultimately damage your reputation. These damages can be hard to recover from, and may have lasting effects on your business.
Other consequences of poor web security include a lack of visibility into your data, increased costs to remediate hacking incidents, loss of productivity, and decreased user and customer confidence. The best way to mitigate these risks is to have a holistic, comprehensive approach to web security. This includes protecting your web applications, securing your servers, and limiting the amount of data you store on the web. This will ensure that your business is protected from the most damaging cyber attacks. MARION can help you create a plan that will safeguard your digital assets. Contact us today to learn more about our website security services.