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Application security has risen to the top of the agenda for security professionals striving to control their company's overall risk profile. According to Gartner and the Computer Emergency Response Team (CERT), 75% of new attacks target the application layer and software vulnerabilities have reached an all time high - with more than 7,000 new vulnerabilities discovered over the last year. At the same time, over $50 billion in custom code is being developed in locations such as India, China, and Eastern Europe as many businesses have rushed to take advantage of cost savings and flexibility to gain a competitive advantage. In fact, over two-thirds of the world's largest companies are engaged in offshore outsourcing.
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