75% of IT Leaders Lack Confidence in Their Web Application Security

New Research from Cymatic and Pulse Reveals Shortfalls in Common Approaches to WebAppSec. IT and security leaders still rely on incomplete Web App Security Solutions. Although IT leaders appear somewhat confident in the solutions they currently have in place, reliance on multiple products makes seamless integration of new tools—and therefore overall cyber threat prevention—a significant challenge.

Pulse conducted the survey of C-suite and VP-level executives across information technology and cybersecurity, which found that the most prevalent approaches to web application defense fail to engender the trust required for successful cyber attack protection. The Key findings include:

  • 91% of executives spend up to a third of their web app technology budget on security, privacy, and compliance activities, but they continue to rely heavily on strong password requirements for cyber attack protection
  • MFA, WAFs, and CAPTCHAs are the top technologies most used to protect web applications, at 75%, 74%, and 63%, respectively
  • 73% of respondents say account takeovers are the attack scenarios that most concern them

While many respondents noted obstacles to changing their current web application firewall (WAF) installations, almost 90% of them plan to revisit their investments in the next six to eighteen months. 34% of Respondents Use 10+ Products to Protect Web Applications while 65% of organizations experienced cyber attacks that bypassed their WAF.

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