The City of Baltimore was under cyber-attack last year, with hackers demanding $76,000 in ransom. Though the city chose not to pay the ransom, the attack still cost them nearly $18 million in damages, and then the city signed up for a $20 million cyber insurance policy.
It’s very evident that cyber-attacks are not only costly in terms of time and money but also bring extensive legal liability with them. According to Juniper Research’s prediction, the cost of a data breach could cross $150 million by 2020.
With the rising cost of data breaches and cyber-attacks, cybersecurity has become a board room conversation on an unprecedented scale. In this ever-connected online world, web application security is the cornerstone of the overall cybersecurity of any company.
When it comes to application security, web application firewall (WAF) based protection has been the first line of defense against web attacks for a while now.
A web application firewall is deployed in front of web applications that aim to intercept the traffic to and from the web servers with the intent of identifying malicious requests and blocking them.
WAF is not a new technology and has been around for a while now,…