However, when it comes to applications developed or managed by third-party service providers, 81% are only somewhat or not at all confident in the security, and this faith erodes even further with large institutions ($2 billion or more in assets under management), where 91% are only somewhat/not at all confident.
These are the key findings of this survey aimed at gauging the scope and strength of institutions' application security programs. The survey, administered electronically in August, drew more than 100 responses from financial institutions of all sizes.
View the Application Security Survey Executive Summary for a full results analysis including:
- What steps are organizations taking to maintain application security over mission-critical applications?
- How are organizations ensuring security of applications maintained by third-party services providers?
- Where are the security gaps that must be filled?