Cyber Security in Crisis: Only 54% of Major Software Updates Reviewed, Says Report
Cyber security workers review major software updates only 54 percent of the time, according to CrowdStrike’s 2024 State of Application Security Report. With security reviews costing nearly $1.2 million annually, it’s no wonder many updates slip through the cracks. Prioritizing what to fix first remains a top challenge for 61 percent of managers.
Hot Take:
Security reviews are like flossing: everyone knows they should be doing them more often, but who has the time? With the average review costing as much as a small yacht, it’s no wonder half of these updates go unchecked. Should we be surprised that 2024 is looking like the year of “Did you even check that code?”
Key Points:
- 54% of major software updates undergo security reviews
- 22% of managers review less than half the time, 33% review at least 75% of the time
- Security reviews can take from one day to more than five days
- Average annual cost of security reviews is $1.2 million
- Misaligned tools and prioritization are major challenges
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