So you’ve had an agency of offshore development team build your MVP and you’ve gone to market. You’re getting great feedback from your users, and you’re improving the product daily. If you’re dealing with sensitive data, you need to make sure you’re handling it in accordance with best practice and local regulations, such as GDPR, CCPA, and Australian Privacy Principles and the like.

A data breach can be a costly for any business. IBM revealed the average cost of a data breach worldwide was USD $4.45 million in 2023, a 15% increase on the year before.

Security problems during the coding phase on average cost 5x more to fix than if they’re uncovered during planning, and 30x more to fix once they are in production.