Web apps provide ease to both businesses and customers, allowing enterprises to save money and allowing individuals to avoid cumbersome installations and upgrades. Because of their ease of access, their cybersecurity appears to be at risk. As a result, web app testing is critical for reducing cyber-risks. Manual web application penetration testing can be time-consuming and costly. A recent study has shown that firms worldwide are reporting an increase in cyber-security spending in their operations. The global spend on cyber-security Softwares reached 103 billion dollars in 2019. So it has become crucial for all businesses to practice web automation for cybersecurity software.
The main industry affected by cybercrimes is the banking and financial sector, which stands as the main reason for the hype in businesses purchasing cybersecurity software. Today, it is not just cyber fraud but also hacking into servers to obtain a customer’s personally identifying information that is prevalent. Since the majority of the transactions are performed online, there is a high risk of hacking. And this makes cybersecurity a crucial task for banks and other financial institutions. So to prevent cybersecurity, there is numerous software available in the market. But to test that those software work efficiently, web automation stands crucial.
What is Web Automation?
Web automation testing aids in the reduction of time-consuming and repetitive human tasks. Nowadays, the vast majority of software available on the internet is delivered in web apps.
Major cybersecurity risks that can be protected using web automation (in association with the banking sector)
1. Logging to banking pages through the web: Most people enter their login credentials on the banking page, and they tend to have no security to protect their credentials. This makes it easy for hackers to steal the data. Hence at this point, cybersecurity software is essential to prevent malicious activity. And web automation ensures that the software provides increased test efficiencies.
2. Increased risk of cryptocurrency hacks — In addition to traditional finances, hacks have become more common in the burgeoning realm of cryptocurrencies. Because the sector is unsure how to install cybersecurity software for banking in this ever-changing market, attackers have a more significant opportunity to steal enormous amounts of this currency. Especially when the value rapidly increases. Another promising area where web automation comes in handy. It will help the sector test that the software works efficiently and helps provide faster feedback on where the issue lies.
3. Breach at a third-party organization — As banks’ cybersecurity has improved, hackers have moved to shared banking systems and third-party networks to obtain access. If these aren’t as well-protected as the bank, attackers can easily breach them.
By testing the cybersecurity software through web automation, one can ensure:
- Ensure the existing set-up’s weakness if any
- Fast blocking of malicious activity even before they occur
- Protect any information from being leaked
- Test if biometrics are working efficiently. And there is no way to crack them.
- Ensure the customer does not stay logged in to the banking page after completing the work, as it may be an opportunity for hackers to steal the data
Conclusion: Web automation is a good practice indeed for many risk-oriented sectors like banking and finance. Web automation can provide faster feedback, improve test efficiency, reduce expenses, help reuse test scripts, and help the software be robust. Educating the customers to keep their data secured remains essential. The only aim is to reduce the cyber-crimes happening around every day somehow, and adequately testing the software that protects us from crimes is of utmost necessity.