The document discusses securing serverless applications using Amazon API Gateway, AWS Lambda, and Amazon Cognito. It describes how to build a basic 3-tier web app that is fully serverless, add authentication with Amazon Cognito by integrating with Cognito user pools, and implement authorization using AWS Identity and Access Management (IAM) by leveraging Cognito. Key benefits mentioned are that AWS Lambda and API Gateway provide automatic scaling with no infrastructure to manage, while security is improved by making use of IAM through Cognito.