Web application security breaches effect more than one in two businesses

Web application security breaches effect more than one in two businesses
Web application breaches cause huge losses

A new research study into web application, has found serious security concerns with the applications produced by web developers, including multimillion pound security breaches and a complete lack of security in the underlying code.

The survey, of 240 North American and European software development influencers from companies that develop web applications sponsored by development testing business Coverity and conducted by analysts Forrester found over half (51%) of all developers had at least one web application security incident in the last 18 months resulting in loses in the millions – with two businesses admitting to losses of over £6 million.