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New study from Bugcrowd and Enterprise Strategy Group highlights increased reliance on crowdsourced security platforms and DevSecOps for greater application security
Bugcrowd, the #1 crowdsourced security company, today released Security Leadership Study – Trends in Application Security. Developed in conjunction with Enterprise Strategy Group (ESG), a leading security industry analyst firm, this survey of 200 CISOs and cybersecurity decision makers in the United States and Canada evaluates the current state of application security, underscoring the importance of next-generation crowdsourced approaches and DevSecOps to quickly find and fix vulnerabilities.
“The scope of cybersecurity continues to expand as attackers and defenders develop new strategies and tactics in response to the ongoing broad adoption of the cloud and mobile,” said Doug Cahill, senior analyst at ESG. “As attack surfaces expand and adversaries gain additional opportunities for penetration, security leaders are looking to crowdsourced security platforms, like Bugcrowd, that can effectively scale in the same continuous nature as the development process.”
Key findings of the Security Leadership Study – Trends in Application Security report include:
“The increasing number of unfilled cybersecurity jobs and the pressure to bring products to market faster have contributed to the growing and under-defended attack surface,” said David Baker, chief security officer at Bugcrowd. “Our latest survey with ESG underscores how crowdsourced cybersecurity is quickly becoming a foundational element of any organization’s cybersecurity program. ”
Founded in 2012, Bugcrowd was the first company to offer managed bug bounty, vulnerability disclosure and next-gen penetration testing to customers in more than 50 industry sectors in over 30 countries. As a result, more leading companies around the world, including Atlassian, Fitbit, Jet.com, NETGEAR, Square, HP, Mastercard and more trust Bugcrowd for crowdsourced security. Bugcrowd’s holistic approach to crowdsourced security provides customers actionable intelligence to measure success, multiply impact, and bring more secure products to market.
For a full copy of the report, please visit: https://www.bugcrowd.com/esg-ciso-survey-2019
Join Bugcrowd and ESG for their upcoming webinar, “Inside the Mind of a CISO: Securing Applications in 2019 and Beyond” on April 18 for a deeper dive on the research findings.
About Bugcrowd Bugcrowd is the #1 crowdsourced security company. More Fortune 500 organizations trust Bugcrowd to manage their bug bounty, vulnerability disclosure, and next gen pen test programs. Bugcrowd’s award-winning platform combines actionable, contextual intelligence with the skill and experience of the world’s most elite hackers to help leading organizations solve security challenges, protect customers, and make the digitally connected world a safer place. Based in San Francisco, Bugcrowd is recognized as one of the World’s Most Innovative Companies for 2019 and is backed by Blackbird Ventures, Costanoa Ventures, Industry Ventures, Paladin Capital Group, Rally Ventures, Salesforce Ventures and Triangle Peak Partners. Learn more at www.bugcrowd.com.
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