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The OWASP Top 10 (2021): Cryptographic Failures

Cryptographic failures occur when sensitive data is not adequately protected during storage, transit, or processing. These failures can arise from the use of outdated encryption algorithms, insecure storage of cryptographic keys, or improper implementation of encryption protocols. The vulnerabilities often stem from either a lack of awareness or neglect of best practices, leaving data exposed to unauthorised access. In the digital age, protecting sensitive data is not optional—it is a business imperative. Cryptographic failures are not merely technical flaws; they carry significant financial, legal, and reputational risks. By adhering to best practices, leveraging modern tools, and staying informed about evolving threats, software developers can safeguard data against adversaries and ensure compliance with stringent regulatory standards.

Cryptographic-Failures-KrishnaG-CEO

Cryptographic Failures: Understanding Risks, Implications, and Mitigations for the C-Suite

Cryptography is the science of securing information and communications by encoding data so that only authorised parties can access it. Cryptographic mechanisms underpin various corporate processes, from securing customer data and enabling secure transactions to protecting intellectual property and ensuring secure internal communications. As businesses digitise their operations, cryptography becomes a cornerstone of data protection and regulatory compliance.

Cryptographic failures occur when encryption mechanisms fail to secure data as intended. This can happen due to flaws in cryptographic protocols, poor implementation, or the use of obsolete algorithms.

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The OWASP Top 10 – 2021: A Comprehensive Guide for Software Developers and Security Analysts

OWASP’s Top 10 is more than just a list; it’s a guiding light for secure software development and security testing. For executives and business owners, ignoring these risks can lead to catastrophic breaches, impacting reputation, customer trust, and profitability. The OWASP Top 10 addresses these risks, serving as an essential framework for developers and security professionals to build and maintain secure systems.