The Importance of Software Security
What You Need to Know to Protect Your Software and Your Business
As software becomes increasingly important to businesses of all sizes, the need for code security rises along with it. To protect software and your business, security aware software development needs to be a top priority.
In a nutshell
When software isn’t developed with security in mind, it can be vulnerable to hacker & malware attacks, potentially leading to financial losses for companies as well as exposing customer data. Although bugs and exploits have existed since the inception of programming, recent years have seen an increase in code-based assaults that are both more frequent and more severe than ever before. It is, therefore, crucial to understand how software security impacts your business, what you need to do to protect it, and why it’s worth the effort.
Information and topics overview
Benefits & major issues
Advantages of secure software development
Unlike a reactive approach where you deal with problems & consequences once they occur,
a proactive approach to software security will provide several short & long-term benefits.
Increased customer trust
When customers know that a company does software development professionally and implements measures to protect them, they’re more likely to do business with that company. This increased trust can also positively affect other aspects of the business relationship, such as contract negotiations or product evaluations.
Improved reputation and branding
A good reputation is essential for any company, and having a strong security track record can be a major differentiator in today’s competitive software market. A company that has invested in security of its digital product or application can set itself apart from competitors and enjoy increased brand recognition.
Increased sales and market share
Today’s software users are more aware of software security concerns, and they’re often willing to pay a premium for software that is known for its flawless security. A company that takes software security seriously can, therefore, enjoy increased sales and market share.
Reduced software systems maintenance costs
Software that’s developed with security standards and best practices in mind from the start can reduce software maintenance costs by limiting the number of software issues. Fewer software bugs mean less software maintenance work.
Reduced legal fees and expenses
Some of the software security issues can lead to lawsuits, including cases involving software patents, copyright infringement, and software licensing violations. Hiring or consulting a software development company that takes software security seriously can reduce the risk of legal fees or expenses.
Reduced software security testing costs
Many software security issues can be detected with security testing implemented throughout the entire development process. Security testing saves time and money when compared to software testing after the coding is complete.
On a final note
Software security should always be a top priority when it comes to development, but we understand that very few companies have time or resources to invest in proactive measures. Here at Parkside Interactive, our experts work tirelessly during the development phase as well as implement smart automation tools after launch to monitor potential vulnerabilities of any application released the market.
Don’t wait until it’s too late
Get in touch with us today to discuss software security
and how we can help you protect both your software and your business.