cyber crimes are in its record growth! ...so its an important question, what would be your answer? fairly secure or not at all secure? in the real sense..both are dangerous..why? rather to say, it may depend your application.
It is a must for the products, but the major mistakes which i noticed so far is, developers forget to make the application secure, or they design it in a wrong way!
compliant is a buzzwords in industry now, technology for the sake of the technology makes all the mistakes, remember that technology itself doesn't mitigate any security threats, they may close some holes but still they are leaving some dangerous ones as opened!
i found may ppl implements RSA algorithm in their programs, only because they studied it in their university and it sounds cool.
so my advice is
Plan for the security process from the beginning of the design
define the security goals
treat the security as a feature in your product
always remember the golden law - All external systems are insecure
obscurity - that only makes your security in trouble
too much for today( 5 posts!!!), i think we can discuss on more detail by next time...
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