A recent study reveals a concerning gap between perception and reality in mobile app security. Despite 93% of organizations believing their defenses are adequate, 62% have experienced mobile app security incidents, with an average of nine incidents reported annually. The financial impact is significant, with breaches costing an average of $6.99 million by 2025. The study highlights the need for a comprehensive security strategy, as many organizations rely solely on in-house or operating system security measures, neglecting more advanced techniques like code obfuscation and runtime application self-protection. The pressure to accelerate development cycles often comes at the expense of robust security, with 71% of organizations acknowledging this trade-off. Legal repercussions and increased financial commitments to mobile app security are becoming new priorities, as 31% face legal consequences from breaches and 84% plan to boost their security budgets. The study emphasizes the importance of integrating security measures directly into development processes to ensure both efficiency and protection.
Are companies overconfident about mobile app security?
