Being in the business, you cannot miss out on anything that is going to be advantageous for your business. Now, if you use an application for your business, do you ensure that it is secure? Not to miss that in case the data of a company gets hacked, it might simply lose its customers and reputation, simply get out of business, or get even sued. Hence, it gets significant that there is proper application security ensured. You should invest in the ways to ensure that the application your business has is guarded against threats like reverse engineering, Ip theft, fraudulent app clones, sensitive data loss and much more.
Remember that the impacts of data breaches can really be both short-term and even long-term, relying on the overall severity of the leak. Short-term impacts include lost revenue, even customer turnover, and damage to your brand. Then long -term effects encompass enhanced security costs, lawsuits, and even fines from regulatory types of agencies such as the ft or even GDPR. For example, in case a company suffers or simply experiences a data breach, it might even be fined up to even 1 million dollars for a single violation and more.
Similarly, in case the company does not really take steps to alleviate the data breach and fix its overall security vulnerabilities, they are more probable to suffer from future or upcoming breaches.
For your users
Such consequences for your company don’t even really touch the ethical responsibility an app developer has to their overall customers. Unfortunately, most of the folks don’t really realize how much personal information they actually give away when they sign up for any app, assuming that it is going to be safe in the hands of the app developers.
However, you know what, it is shocking but true that even big-name apps have actually failed to live up to such a trust. Moreover, security researchers discovered that some popular android apps had security susceptibilities that permit the attackers to access emails, even chat messages, passwords, and even photos. Asking for overall data, promising its safety, and even failing to follow through with that promise can really compromise your customers’ safety, health, and even wallets.
Three kinds of data breaches
A data breach is a simple type of security incident wherein sensitive or confidential information gets unintentionally released to an unauthorized person or even made available for use by an unintended type of audience. Moreover, such a data can be anything the customer really has entered in the app or even a security loophole that permits the unauthorized access to other types of phone parts. There are three prime types of data breaches:
- Malicious: malicious breaches are once a hacker steals data via malware and even phishing schemes
- Accidental: accidental breaches take place on the user’s end and most of the times occur because of weak passwords or even somebody else accessing their account
- Negligent: negligent breaches are the ones that take place once companies do not really put the proper safeguards in place to guard the customer data
You know what, mobile apps are specifically vulnerable to malicious breaches. Unless any app is just released on one os, there are more possibilities for things to slip through the fingers or cracks and more openings for attackers or hackers to exploit. On top of this , apps are generally connected to the internet that means they are at the risk through unsecured connections.
Accidental or even physical type of breaches can take place if anyone loses their phone or doesn’t make use of a unique password. Because phones are quite easily lost or stolen, this is another important thing that app developers should be careful about.
Negligent breaches are quite much the responsibility of an app developer. But it is also true that unfortunately, some try to simply cut corners by making use of careless security techniques or rushing the overall programmers to simply get something out before it’s absolutely safe to use.
Third-party cracks and breaches
A third-party breach is not really necessarily a unique type of data leak or breach since it’s just another company with access to your overall app’s data experiencing one of the three kinds. However, it is something that app developers do need to keep in mind. Once you give access to your data to any company, you actually risk having your own security getting compromised, even if your app is absolutely airtight.
There are numerous different ways that companies can diminish the risk of data breaches in their mobile app that simply address the three kinds of data breaches. The below given tips will help you alleviate the risk of a data breach for your mobile application. To stop hackers, you must:
- Make use of ssl encryption on your app and encrypt all the information and data you store on your servers.
- Keep a proper check on who has access to the private keys of your application and make sure they have severe security clearance.
- Make use of 2fa authentication once it is possible.
- Make sure that you encrypt all sorts of communication between devices and even servers making use of tells or similar protocols
This way you can be sure that your application is much safer than before. You can thwart the threats and ensure that nothing gets breached.
To sum up, you cannot simply understate the overall importance of mobile app security. It is necessary for the future of your business and even the safety of your customers. In case you take up proper precautions, you can easily keep yourself from being the next warning tale. Of course, having the proper measurements taken in your application is important to ensure your data does not get stolen. Certainly, you can check out the perfect solutions for the security of your application with Appsealing. Develop the app that are safe, smart and ahead of attackers and hackers. This way, you can have peace of mind and give the same to your users and consumers.