Data Security for the Software and App development sector

Software and mobile app developers often rely on copying or modifying pre-existing code snippets to save time and effort. However, this makes mobile apps and other software vulnerable to hacking and other forms of cyber attacks. In 2021 ParkMobile, a contactless payment parking app, suffered a massive data breach in which personal records of 21 million customers were stolen, including email addresses, phone numbers, license plate numbers, and passwords.

Data breaches resulting from cyber-attacks can severely hamper software and app companies and cease growth for a long time. The most common effects of cyberattacks for the industry are:

  • Loss of sensitive data including customer information, login credentials, financial
    details, etc.
  • Financial loss for both, customers in the form of sensitive financial data such as
    credit card information, as well as for app and software makers in the form of
    loss of revenue, sales downtime, and fines.
  • Loss of intellectual property resulting in piracy or cloning that might look like
    the original but may be vulnerable to attacks impacting both the company and
    the customer.
  • Reputation damage is very important in a highly competitive and saturated market
    landscape where an app's/software's perceived trustworthiness in safeguarding
    customer data, plays an important part in customer loyalty.

Cybersecurity concerns for software and app-developers

The most common security issues for software in general, and mobile apps in particular are:

  • Using vulnerable code snippets
  • Insufficient data validation
  • Weak or no data encryption
  • Insecure user authentication
  • Hardcoding sensitive information
  • Caching confidential data such as login details

Additionally, compliance is also an important consideration for software manufacturers. Depending on the industry that the app serves, there might be a need to comply with various data security standards and protocols including GDPR in Europe, CCPA and HIPAA in the US to name a few. A robust digital security plan that takes into consideration both compliance and data security protocols is the need of the hour across industries.

Apart from security protocols like SSL and standard encryption standards, more and more software and app companies are adopting cryptography to ensure secure access and a higher degree of data encryption to secure their and their customers' private data. 

What Cryptomathic has to offer

As the leader in strong cryptographic technology, Cryptomathic provides the Software and App Development sector with best-in-class security solutions for mobile app protection, crypto-agility, key management and qualified electronic signing. Our adaptive solutions give you maximum usability without compromising on data protection.

Cryptomathic’s solutions are aimed at addressing requirements for:




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