Veracode | March 30, 2022
Veracode, a leading global provider of application security testing solutions, has released new findings that show the public sector has the highest proportion of security flaws in its applications and maintains some of the lowest and slowest fix rates compared to other industry sectors. Analysis of data collected from 20 million scans across half a million applications revealed these sector-specific findings as part of Veracode’s annual report on the State of Software Security (SOSS).
"Public sector policy makers and leaders recognize that dated technology and vast troves of sensitive data make government applications a prime target for malicious actors. That’s why the White House and Congress are working together to update regulations governing cybersecurity compliance. In the wake of May 2021's Executive Order to improve the nation's cybersecurity and protect federal government networks, the U.S. Office of Management and Budget, Department of Defense and the White House have issued four memos addressing the need to adopt zero trust cybersecurity principles and strengthen the security of the software supply chain. Our research confirms this need.”
Chris Eng, Chief Research Officer at Veracode
No Time to Waste: Fix More Flaws Faster
Veracode’s research found that compared to other industries, the public sector has the highest proportion of applications with security flaws, at 82 percent. When it comes to how quickly organizations fix flaws once detected, the public sector posts the slowest times on average—roughly two times slower than other sectors. The research also revealed that 60 percent of flaws in third-party libraries in the public sector remain unfixed after two years, which is double that of other sectors and lags the cross-industry average by more than 15 months. Finally, with only a 22 percent fix rate overall, the public sector is challenged to keep software supply chain attacks from impacting critical state, local, and educational applications.
Eng continued, “Organizations in this sector must act with urgency. They can improve their secure DevOps practices significantly by using multiple types of scanning—static, dynamic, and software composition analysis—to get a more complete picture of an application’s security, which in turn will help them to improve remediation times, comply with industry regulations, and make the case for increasing application security budgets.”
High Severity Flaws Are Priority One
Demonstrating a positive trend, the public sector ranks highly when it comes to addressing high severity flaws. The research reveals that government entities have made great strides to address high severity flaws, which appear in only 16 percent of applications. In fact, the number of high severity flaws has decreased by 30 percent in the last year alone, suggesting that developers in the sector increasingly recognize the importance of prioritizing flaws that present the greatest risks. This is encouraging and may reflect growing understanding of new software security guidelines, such as those outlined in the U.S. Executive Order on Cybersecurity and the U.K. Government Cyber Security Strategy 2022 – 2030.
Eng closed, "Recognizing that time is of the essence, public sector leaders are beginning to set timelines. For example, in “Moving the US Government Toward Zero Trust Cybersecurity Principles”, Shalanda Young has set a deadline of September 30, 2024 for all US federal agencies to meet specific cybersecurity standards. We think that the progress made against high security flaws is a great starting point and support all public sector agencies who seek to gain better control over their software supply chains."
About the State of Software Security Report
The twelfth volume of Veracode’s annual report on the State of Software Security (SOSS) examines historical trends shaping the software landscape and how security practices are evolving along with those trends. This year’s findings are based on the full historical data available from Veracode services and customers and represent a cross-section of large and mid-sized companies, commercial software suppliers, and open-source projects. The report contains findings about applications that were subjected to static analysis, dynamic analysis, software composition analysis, and/or manual penetration testing through Veracode’s cloud-based platform.
Veracode is a leading AppSec partner for creating secure software, reducing the risk of security breach, and increasing security and development teams’ productivity. As a result, companies using Veracode can move their business, and the world, forward. With its combination of process automation, integrations, speed, and responsiveness, Veracode helps companies get accurate and reliable results to focus their efforts on fixing, not just finding, potential vulnerabilities.
S2W | January 03, 2022
Data Intelligence company S2W announced that INTERPOL has recently signed a contribution agreement introducing S2W's cyber threat intelligence (CTI) solution "S2-XARVIS ENTERPRISE" to strengthen its ability to analyze new cyber threats such as dark web and ransomware.
S2W has been supporting INTERPOL to identify and prevent "third-world dark web crimes" as part of its "binding the gap among member countries for a safer world," and recently conducted international ransomware organization arrest operation such as Revil, Cl0p, and GandCrab.
"INTERPOL is strengthening the use of advanced information and communication technologies such as artificial intelligence and big data and expects that the introduction of S2W's cyber threat intelligence (CTI) solution – S2 XARVIS Enterprise will directly help to prevent nationwide cybercrime through real-time threat detection and dark web/deep web coverage,"
Robert Han, Head of Global Business of S2W
Sangduk Suh, CEO of S2W said "We are focusing on providing services to institutions and companies so that we can build a strong security environment using threat intelligence (TI) information, and through this, we will contribute to eradicating international cybercrime."
S2W is a Data Intelligence company, established in 2018, that extracts and provides actionable intelligences optimized for each client's needs from numerous data.
Specialized intelligence provided by S2W can cover multiple industries with its unique data collection and big data analysis for the Dark Web and Deep Web.
S2W solutions protect clients from various cyber threats and data leakage, such as personal information, financial information, confidential information within organizations through top-notch data collection and detection technologies.
HUB Security | December 17, 2021
HUB Security, a secure computing solutions provider, announced today its Docker Digital Twin product to better protect, authenticate, and verify traffic created by Docker, a highly used platform for package containment.
The HUB Security Docker Digital Twin enforces access control and provides governance processes, such as approvals for sensitive actions, on incoming Docker traffic. It blocks attack vectors involving the loss or theft of credentials, vulnerabilities, and unauthorized access.
Docker creates virtual containers (called packages) that allow applications and their dependencies to run seamlessly on any operating system. It is used by some 55% of professional developers daily and is the leading solution for cloud-based SaaS platforms. It is also ubiquitous in large enterprises, financial institutions, and public clouds, as well as defense equipment, servers, and data centers. Docker packages, because of their extensive use, are often the target of cyber security threats from hackers.
"We want to create a seamless experience for our customers when it comes to security,Our new system enables multi-layered security processes for the entire compute stack with Docker being part of it. The solution is also future proof, meaning clients can rest assured for years that their systems are safe and secured."
Andrey Iaremenko, HUB Security's CTO
The Docker Digital Twin solution will be incorporated into existing HUB Security technology without changing existing operational controls and services. The product's complete remote update capabilities will provide full support for any and all Docker versions and security capabilities.
About HUB Security
HUB Security was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces. The company specializes in unique Cyber Security solutions protecting sensitive commercial and government information. The company debuted an advanced encrypted computing solution aimed at preventing hostile intrusions at the hardware level while introducing a novel set of data theft prevention solutions. HUB operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity professional services worldwide.
IT-Harvest | March 31, 2022
IT-Harvest, a data-driven industry analyst firm, announces the launch of an SaaS application for tracking and analyzing the entire cybersecurity industry. Some data will be published for free at dashboard.it-harvest.com. Subscribers will receive access to all the data assembled over a decade by IT-Harvest, including category, subcategory, headcount each quarter, investments, and key executives.
Using the data on each of the 2,850 vendors worldwide, it is possible to compare countries, states, and regions. For instance, there are 1,567 cybersecurity vendors in the United States, 357 in the EU, and 236 headquartered in Israel. California is currently home to 560 cybersecurity companies.
"The launch of this app is the realization of a 17-year journey to create an analyst firm that could offer more than opinions and reports. Subscribers get access to all the data we use in our research and reports. They can do their own analysis to test an investment thesis, find targets for acquisition, or create a short-list of vendors for a particular technology they are looking to acquire."
Richard Stiennon, Chief Research Analyst at IT-Harvest
In addition to the data, subscribers are purchasing a seat for advisory services, much like with a traditional analyst firm. IT-Harvest analysts are available for inquiries on markets, technology, and vendors as part of the annual subscription.
The data available in the Analyst Dashboard is printed every year in the Directory in Security Yearbook available at www.it-harvest.com/shop. IT-Harvest tracks headcount at all cybersecurity vendors to identify fast growing companies and segments. That data is updated quarterly in the Analyst Dashboard and presented in a Leaderboard sorted by growth over the past quarter and calendar year.
Subscribers can add any number of vendors to a watchlist and get email alerts when data on a company is updated. This could include new funding, a change in the executive team, inclusion in a research report, or an acquisition.