Cybercrime is forecast to cost the global economy $10.5 trillion by 2025 and is up by 75% year-over-year¹⁻². While all businesses are impacted, small and medium businesses are hit especially hard with cyber crime impacting roughly 50% of those organizations³. While financial costs can be recouped, the impact to your organization's reputation can be irreparable.

Our security audits help ensure that industry best practices are followed with regards to encryption, authentication, authorization, architecture, cloud services, databases and firewall configuration. We can perform an automated and manual assessments to assist in keeping your personally identifiable information (PII) and protected health information (PHI) data safe.

• High-level security guidance: High-level guidance on where things can go wrong with security (like authentication, authorization, cloud configuration and common types of security threats).
• Static code analysis: perform an automated analysis of data flows to discover, filter and prioritize security and privacy risks.
• Third party tools audit: find critical security issues with packaged dependencies from open source tools with recommendations on how to fix them.
• Detailed code evaluation: a cold eye review of source code to ensure security best practices are being followed.
• Architectural review: Review project and cloud configurations for security issues to ensure that encryption is properly implemented, information is not accidentally leaked and that secrets are being managed properly.

Have you outsourced a project overseas and want a cold eye review? We recently audited an outsourced project and uncovered several security issues. Most critical of which was not using encryption between a mobile app and their back-end services. This put user data at risk by potentially exposing it to third parties as data moves across the internet. In addition, we found two issues where authentication and authorization was not implemented correctly giving anyone on the internet access user data. Other issues were present like insecure cloud configurations and checking in sensitive data in code repositories. If exploited, these vulnerabilities can tarnish a company’s reputation and lead to financial and legal repercussions.

References

1. 1. High-Profile Company Data Breaches (link)
2. 2. Crowdstrike Global Threat Report (link)
3. 3. 35 Alarming Small Business Cybersecurity Statistics for 2024 (link)