A hacker doesn’t break into your systems just to steal a few bucks – the plans are more villainous and damaging. Most of the time, taking the features of a ransom ware, these damages can be 100% reversed by them and them only. But it is the trading that would take off a considerable amount of financial resources of the company.
In 2020s, it is never ever be restricted to traditional hacking since there are more and more ways to break in. In this list, the priority that any company should give to web applications is quite high. There are some major reasons behind this claim. Unlike the past, people prefer getting things done in a matter of few taps and clicks without having to even get off from their pajamas.
On the other hand, giving the customers that facility is one of the best ways to increase the profits in a short period of time. But there is one grave danger behind this beautifully executed easiness…
That is the risk of direct hacking attacks. As it was mentioned in the introduction, different thieves seek different trophies. But when it comes down to the bigger picture, they take away whatever they want, disregarding the damage that company takes from it. Let us assume that 200 customers are paying online with their credit or debit cards, and due to a phishing attack, all that money would go into a hacker, and there would be a certain obligation of the company to provide the customers for the money they lost in your web app whilst having to deal with the damage. The situation gets critical with online banking. The solution for this starts with encryption.
What Is Encryption? It is no rocket science; this is an extremely advanced, effective and affordable in the corporate level technique that can be used to ensure that whatever your company and the customer communicates stays between the two involved parties only. This is a facility given in a handful of messaging applications as well. With ideal encrypting of data, even if the hackers had access to them, they won’t be able to read it, and most importantly restricted to convert them into a readable version. If the web address is HTTPS instead of HTTP, it technically means that the data exchanged between the user and the page is encrypted.
In order to understand the existing strength of your web apps, a Web application penetration testing needs to be done. In this process, all the necessary parameters needs to be checked perfectly. Usually, operations like these are carried out by professional ethical hacking professionals who will practically check if your web apps are vulnerable or not. That way, you will never have to live in a blind lie that clearly puts the reputation of the business at peril.
When you are working with a company that is dedicated to safeguard companies from threats from the cyber space, you will be spared from a number of troubles that could take away everything you have built overnight. Hence, whatever the amount of money that invest in a purpose like this would never be a waste.