Security threats and vulnerability management

Definition

Cybersecurity threats are growing in sophistication (ransomware, supply chain attacks, zero-days). Custom development firms must implement security measures during design phase (DevSecOps), conduct regular security audits and penetration testing, manage vulnerabilities, and train employees on security practices. The costs include security tools, specialized personnel, external auditing firms, incident response preparation, and insurance. A single security breach can result in regulatory fines, client lawsuits, loss of reputation, and business disruption. For SMB shops with limited security expertise, this creates significant risk. Clients increasingly demand security certifications and proof of secure development practices, making security a competitive requirement rather than optional. Managing security across legacy code, new projects, and third-party dependencies is complex.

Why This Matters

Security-focused development training, DevSecOps platforms, vulnerability scanning tools, managed security services, cyber insurance, security advisory consulting, incident response planning services

Affected Stakeholders

Delivery/Technical Manager (VP Engineering or Project Director), CEO/Principal / Business Owner

Related Business Risks