Application Security Posture Management (ASPM) Sector, Global, 2024?2029

The growing complexity of software development and production environments and the overload of noise and risk associated with sprawling tools in the fast-paced software development process create challenges for organizations in gaining consistent visibility and control over their security posture. This makes it more difficult for organizations to maintain unified visibility into vulnerability assessment, prioritization, and remediation throughout the software development lifecycle (SDLC). As applications are the primary targets of attacks, organizations have increased their focus on application risk remediation to ensure they prioritize and remediate vulnerabilities that pose the most critical risks to their business operations. This shift in security strategy to focus on business risk has driven the need for a solution that provides end-to-end visibility, comprehensive insight, and remediation of risks in the pre-production and production phases of the SDLC, especially for larger organizations with complex software development environments and technology companies where software is at the core of their business. As a result, application security posture management (ASPM) has emerged as a compelling solution to address the challenges of maintaining application security and aligning organizational security with operational goals. It plays an essential role in an organization's application security and DevSecOps program by embedding security into DevOps practices. ASPM takes a holistic approach to application security by continuously managing application risk through data aggregation, correlation and contextualization, risk-based prioritization, policy enforcement, automated scanning, triaging, remediation and response workflows, streamlined compliance, and compliance monitoring and reporting to align application security with enterprise risk management strategies. ASPM, while an emerging market, has evolved from existing application security orchestration and correlation or vulnerability management solutions to utilize a risk-based approach and expand its scope by incorporating detailed context from each phase of the SDLC. Implementing such an application security strategy is no longer just about consolidating all alerts on a platform but also correlating and contextualizing the alerts/signals and remediating the identified vulnerabilities. In short, the ASPM concept has evolved from simply consolidating application testing and security tools or aggregating all vulnerabilities into a single management console to a platform designed to reduce application risk by providing rich context throughout the SDLC and risk management workflows to improve application security posture. Author: Vivien Pua