Application Security in Technical Product Management

In recent years, the number of cyberattacks has been steadily increasing, and applications have become increasingly targeted. According to a report by Verizon, web applications were the most common target of data breaches in 2022, accounting for over 40% of all breaches.

The cost of cyberattacks is also significant. According to a report by IBM, the average cost of a data breach in 2022 was $4.35 million. This includes the cost of containment, eradication, recovery, and reputational damage.

Demystifying AWS Security: 8 Key Considerations for Secure Cloud Environments

Amazon Web Services (AWS) provides a robust and scalable cloud computing platform that is widely adopted by organizations. However, with the increasing reliance on AWS services, ensuring proper security measures is crucial to protect sensitive data and maintain the integrity of cloud environments. In this article, we will demystify AWS security and discuss key considerations to establish a secure cloud environment on AWS. Before we dive into the eight points, let's quickly discuss an interesting case study that will make what we will discuss later in this article more pertinent. 

Case Study: Capital One Data Breach

In 2019, Capital One experienced a significant data breach that exposed sensitive customer information. The breach affected approximately 100 million individuals in the United States and approximately 6 million in Canada, with a hacker illicitly accessing a total of about 140,000 Social Security numbers and approximately 80,000 linked bank account numbers of secured credit card customers.