Security audits are essential to detect vulnerabilities in web and mobile applications before they are exploited. Just this February, the National Institute of Standards and Technology (NIST), a US federal agency, began investigating a critical vulnerability in the Binance Trust Wallet mobile app, which stores cryptocurrencies. If exploited, a malicious actor could gain access to the cryptocurrencies of the app’s users.
This recent case demonstrates that vulnerabilities in web or mobile applications pose one of the biggest threats faced by companies that develop applications and businesses and citizens who use them daily. What are application vulnerabilities? Weaknesses can compromise an application’s security in terms of confidentiality, integrity or availability of the information it manages.
Are all application vulnerabilities equally dangerous? No. That is why FIRST, a global forum comprising multiple security and incident response teams, has developed the CVSS. This indicator makes it possible to assess the severity of the discovered vulnerabilities. For example, also in February 2024, Zoom, a video calling application used all over the world, patched up to seven vulnerabilities in its software, although only one of them was critical, as it would allow a malicious actor to obtain elevated privileges.
In the following, we will analyse the most common application vulnerabilities, how they can be prevented, how they are detected and what needs to be done to manage them successfully.
The OWASP Foundation, a global benchmark in the creation of guides and the dissemination of knowledge on cybersecurity, periodically analyses vulnerabilities in applications and draws up two rankings in which vulnerabilities in web and mobile applications are classified, respectively, taking into account their level of exploitability, as well as the technical and business impact if the vulnerability is successfully exploited.
OWASP’s Top 10 web application vulnerabilities, published in 2021, places at the top of the security risk podium:
At the start of 2024, the new version of OWASP’s Top 10 Mobile Application Vulnerabilities was released, which states that the three most critical security risks today are:
What about other application vulnerabilities? There are some general guidelines or tips that can be followed to avoid vulnerabilities that compromise the security of applications and the companies and users that use them:
Security audits are essential to prevent the appearance of vulnerabilities in applications but also to detect them before malicious actors successfully exploit them:
Detecting multiple types of vulnerabilities in web and mobile applications can be automated if the proper set of tools is available and adapted to every application.
However, many vulnerabilities cannot be identified automatically. In these cases, a more thorough manual analysis that considers the application’s business logic and information flows is necessary.
Therefore, vulnerability management teams employ automated scanning solutions to continuously, agilely, and efficiently detect vulnerabilities. At the same time, they carry out more complex and specific analyses thanks to the knowledge and experience accumulated by cybersecurity professionals.
Tools are also used to:
Combining both approaches is the key to identifying the most significant number of vulnerabilities.
The vulnerability management service is critical to assess, prioritise and mitigate vulnerabilities in web and mobile applications once detected. Thus, the professionals in charge of vulnerability management proceed to:
In short, to detect application vulnerabilities, it is essential to carry out security audits on an ongoing basis and throughout the entire lifecycle of the applications, also evaluating the third-party components they use.
A critical vulnerability in a web application or mobile app can cause millions of dollars in losses and legal and reputational consequences for the company that developed it. It can also affect citizens and companies that use the application, such as the theft of confidential information or the paralysis of business activity.
Detecting vulnerabilities in applications in time is critical to avoid security incidents.