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Rushil Shah

Pavithru Pinnamaneni

Bapi Raju Ipperla

Abstract

This study explores the lifecycle approach to product security management, emphasizing the integration of security practices from design to deployment and beyond. Through a mixed-methods research design, combining quantitative surveys and qualitative interviews, the study examines the adoption and effectiveness of security practices across various stages of the product lifecycle. Key findings reveal that early integration of security measures, such as threat modeling and secure coding, significantly reduces vulnerabilities and breach costs, with design-phase practices showing the strongest impact (β = -0.45, p < 0.01). Testing-phase practices, including penetration testing and vulnerability assessments, also play a critical role in mitigating risks (r = -0.58, p < 0.05). However, post-deployment practices, such as continuous monitoring and patch management, remain underutilized, highlighting a gap in long-term security efforts. The study identifies cross-functional collaboration and resource allocation as key enablers of effective security management, while industry-specific variations underscore the need for tailored approaches. Thematic analysis further emphasizes challenges such as resource constraints and the importance of user education. These findings provide actionable insights for organizations seeking to enhance product security, reduce financial risks, and build customer trust. The study concludes with recommendations for adopting a proactive, lifecycle-oriented approach to product security management, offering a roadmap for organizations to navigate the complexities of modern cybersecurity challenges.

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