According to *Verizon, web applications were involved in 43% of breaches in 2020. **IBM also reported that 52% of breaches were caused by malicious attacks against applications last year.
These statistics highlight the importance for modern technology companies building web and mobile cloud-hosted apps to have a comprehensive information security program that covers application and cloud security as well as corporate governance and risk management.
*Source: Verizon Data Breach Investigations Report 2020
**Source: IBM Security Cost of a Data Breach Report 2020
