5 App Security Standards You Should Know About to Secure App Earnings

These security threats not only damage businesses by leading to massive losses of sensitive data, but they can also permanently damage customer loyalty, and as a result, app earnings.
To avoid this, let’s dive into the essential security standards that should be at the forefront of your development process.

What Are App Security Standards?

App security standards are a set of guidelines and best practices designed to protect applications from various security threats. These standards encompass a range of measures aimed at ensuring the confidentiality, integrity, and availability of data within an app.

Addressing these vulnerabilities is not just a matter of technical diligence but a business imperative. Top security standards to keep on your radar: 

1. OWASP Top 10
2. ISO/IEC 27001
3. NIST Special Publication 800-53
4. CIS Critical Security Controls
5. GDPR 

The High Stakes of Data Breaches

There’s no denying that user trust is paramount to your app’s success. However, a data breach can shatter this trust, wreaking havoc across all facets of your app, from user confidence to financial prosperity to sustaining operations. Statistics show that over 60% of companies that experience a cyber attack shut down within six months.

And the consequences are not limited to financial losses; they also disrupt your app’s very development process. Instead of dedicating your time to enhancing features and crafting exceptional user experiences, you may find yourself immersed in the complex web of breach response efforts. The result? Delays in updates, bug fixes, and the unveiling of new, eagerly anticipated features.

To steer clear of this, you must deftly navigate the intricate landscape of data protection regulations, including GDPR, COPPA, and others. Non-compliance can lead to formidable fines and legal repercussions, making it essential to ensure unwavering adherence to data protection laws.

On top of this, embracing robust encryption, such as AES (Advanced Encryption Standard) for data at rest and SSL/TLS for data in transit, becomes paramount. And don’t forget to safeguard encryption keys and employ secure key management practices.

Authentication and Authorization

To make it to the top in the saturated app landscape, reputation is everything. However, when a data breach strikes, it can deal a significant blow to your reputation. In fact, 61% of data breaches involve credential theft, resulting in users no longer feeling safe using the app. This, in turn, leads to detrimental app store reviews, social media backlash, and negative word-of-mouth, further tarnishing the app’s image.

Regaining the trust of your audience can be a formidable challenge. One highly effective strategy to significantly reduce the risk associated with data breaches is implementing strong authentication.

Authentication plays a crucial role in confirming user identity, while authorization dictates the actions and resources users can access within the app. Adhering to the authentication and authorization standards outlined in NIST is vital for safeguarding user accounts, preventing unauthorized activities, and not compromising user privacy.

To enhance user identity verification, consider adopting multi-factor authentication. Additionally, utilize role-based access control (RBAC) to precisely define and manage user permissions, ensuring that users only access authorized resources and features.

Finally, don’t forget to establish robust monitoring and logging systems. This will help you track user activities, enabling effective security audits and swift incident responses in case of a breach.

Building a Resilient Foundation

At the heart of app security lies the practice of writing secure code. You must adhere to best practices in secure coding to effectively mitigate common vulnerabilities such as SQL injection and cross-site scripting (XSS).

To achieve this:

1. Conduct routine code reviews and comprehensive security testing. This proactive approach helps identify and rectify vulnerabilities before they can be exploited.
2. Robust input validation is essential to thwart injection attacks. OWASP ranks injection attacks as the top security risk in web applications. By validating user input, you can prevent malicious injections that can compromise the app’s security.
3. Staying vigilant about third-party libraries and dependencies is crucial. Keeping them up to date ensures that known vulnerabilities are promptly addressed.

By adhering to these secure coding practices, you not only safeguard your apps against potential threats but also contribute to the overall resilience of your app, and chances of generating app earnings.

Regular Security Updates

Did you know that 75% of vulnerabilities exploited in 2020 were already known for at least one year? To effectively navigate this dynamic security environment, adopting a proactive stance is imperative. Remember, early detection allows for prompt action, mitigating potential threats before they can be exploited.

To stay ahead of potential vulnerabilities, it’s essential to regularly release security updates and patches to address any vulnerabilities. To manage this effectively, establish a well-defined schedule for security updates and transparently communicate it to your users. Such transparency not only fosters trust but also encourages users to remain vigilant.

Taking it a step further, you can encourage users to enable automatic updates for your app. This practice not only guarantees a seamless user experience but also ensures that users benefit from the latest security enhancements as soon as they’re available.

Security Standards: The Cornerstone of Secure Monetization & App Earnings

Incorporating security standards into your app development process goes beyond mere compliance; it’s about laying the foundation for a secure and sustainable mobile app monetization strategy.

At Bright SDK, we understand the pivotal role that security standards play in your app’s journey towards successful monetization. Robust security isn’t a choice; it’s a fundamental necessity that drives growth, fosters innovation, and solidifies your reputation as a trusted player in the digital arena.

Our innovative solution is fully GDPR-compliant, guaranteeing the continuous protection of user privacy. Built on the core pillar of transparency, our solution ensures that user trust remains unwavering, allowing you to seamlessly align with privacy standards. Furthermore, we are committed to staying on top of industry security standards, actively identifying vulnerabilities, and promptly releasing necessary security patches.

In essence, by incorporating our monetization solution into your toolkit, you can effectively monetize your apps while upholding the highest levels of security and user satisfaction.

For deeper insights into our commitment to adhering to security standards and how we can empower your app’s security and monetization endeavors, don’t hesitate to reach out to us.

We’re dedicated to assisting you in achieving compliance with these evolving standards, thriving in the dynamic app marketplace, and maximizing your app earnings.