Impact of COVID-19 on the Global Runtime Application Self-Protection Market
Runtime application self-protection is a technology that helps an application in protecting itself by blocking attacks in real-time. During the COVID-19 pandemic, runtime application self-protection technology plays a critical role. COVID-19 has spread across the globe. The lockdowns imposed in various countries have forced some businesses to shut down, while others have allowed their employees to work remotely from their homes. The use of wireless networks for data transmission and communication is rising significantly among employees, increasing the chances of cyber-attacks over company-owned devices, which can lead to fraud-related issues and the misuse of vital corporate data. This scenario has increased the adoption of runtime application self-protection solutions. Data breaches are a critical concern during this period. Hackers try to gain access to valuable information by breaching the security layers and manipulating the safeguards of the cloud environment. Various enterprises are adopting RASP technology to protect the application runs by the employees from malicious behavior or inputs by analyzing the application behavior and the context of that behavior. By utilizing the applications to monitor their behavior continually, attacks are recognized and mitigated instantly without human intervention. SMEs need to maintain a context-aware security policy during the COVID-19 pandemic. RASP technology helps to enhance security by detecting and preventing attacks. It also safeguards the systems once the attacker has penetrated perimeter defenses.
Moreover, cloud computing technology is gaining traction during the COVID-19 pandemic. Companies are focused on reducing operational costs due to revenue losses caused by the coronavirus. Cloud-based deployment decreases maintenance and operational costs, needs low capital investment and reduces the management’s efforts. Cloud-based runtime application self-protection is accessible as per the demand of the customers. Runtime application self-protection helps organizations in complying with stringent regulations and protects their sensitive applications.
One of the leading runtime application self-protection companies, Prevoty, announced the latest version of Prevoty RASP, which makes the company the first and the only one to provide a totally independent solution for runtime application self-protection. The major companies in the market are investing heavily in RASP security solutions to protect applications from attacks. RASP ensures the security of applications, helping users/workers to access business-critical applications anytime, on any device, and from anywhere.