PLATFORM SECURITY

Veracode Research Reveals Software Supply Chain Security Shortfalls for Public Sector

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.

About Veracode
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.

Spotlight

Cisco Security Cloud is the one solution to help you be resilient across your network, users, clouds and apps. You'll be able to see across the multicloud environments, anticipate what’s next, take the right action, close security gaps, and more.


Other News
ENTERPRISE SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY

Cyber Security & Cloud North America – New Line-Up Speakers Announced

TechEx Events Ltd | April 17, 2023

The Cyber Security & Cloud Congress North America (17-18th May) has announced exciting new additions to its line-up of speakers and panellists for the upcoming two-day event in Santa Clara. The event will take place on May 17th and 18th, 2023, and will feature a diverse range of tech industry experts, including CIOs, CTOs, Cyber Security, Cloud Architects, and other key players in the field. Attendees will have a great opportunity to hear from the most talented speakers including: Prasanna P., Digital Transformation Leader – Enterprise Architecture & Enterprise Strategy Leader – Molina Healthcare Shea Lovan, Chief Security Officer – UC Santa Barbara Sachin Vaidya, EVP Chief Information Officer of Heritage – Bank of Commerce Kishore Viswanathan, Senior Technical Program Manager, Cybersecurity and Compliance – Lucid Motors Sameh Emam, Division Risk Manager – Union Bank Kavitha Venkataswamy, Director – Digital Product Security – Capital One Richard Paz, CISM, Cyber Security Engineer – NASA Jet Propulsion Laboratory & many more! In addition to these keynote speakers, the event will also feature several panel discussions covering a wide range of topics, including Zero Trust, Threat Detection & Response, Training, Talent & Culture, Identity & Access Management, Application Security, Data Security and more. Attendees will have the opportunity to network with other industry professionals and gain valuable insights into the latest trends and technologies shaping the cybersecurity and cloud technology landscape. The Cyber & Cloud Congress North America promises to be a knowledge-packed, innovative, and engaging event for all those interested in Cyber Security and Cloud technology, but also the newest technology solutions, products and services that will be showcased during the event. “We are thrilled to have such an outstanding group of speakers joining us for the Cyber & Cloud Expo,” said Lia Richards, Head of Conference. “With their diverse backgrounds and extensive experience, they will bring a wealth of knowledge and insights to our attendees. We look forward to hearing their perspectives on the most pressing issues facing the industry today”. WHAT ELSE TO EXPECT? Over the course of two days at Cyber Security & Cloud Congress North America attendees will have a great number of opportunities to visit exhibition stalls and connect with the representatives of some of the world’s biggest brands including IBM, IDC, Bosh, AWS, Zoho and many more, all implementing the latest in Cyber Security & Cloud technologies within their sectors. Paying attendees will also have a chance to join the networking party event following Day 1 of the conference, where all will be able to connect and network in a more relaxed setting, with free food and drinks provided. This opportunity is open for Gold and Ultimate Pass Holders, Speakers, Press, Sponsors, and Exhibitors. Find out more information here: https://www.cybersecuritycloudexpo.com/northamerica/networking-party/ Early-bird registration offering 25% discount of the full ticket price is open until 17th April, and interested attendees are encouraged to secure their tickets before the offer ends to avoid missing out on this exciting opportunity. Follow this link to discover ticket types and prices: https://www.cybersecuritycloudexpo.com/northamerica/ticket-types-and-prices/. About TechEx Events Ltd The TechEx Event portfolio is an international conference and tech showcasing cutting-edge tech innovation in enterprise. Featuring real-life use cases and in-depth industry insights, the event series delves into the AI, Big Data, Blockchain, Cyber Security, 5G, IoT and Edge Computing ecosystems. Running for over six years, our co-located events strengths lie within our expert community. We bring the heroes responsible for pushing game changing tech and strategy together, to craft relationships and creative solutions. We are the place where networking never stops – The one-stop-shop for enterprise innovators.

Read More

Spotlight

Cisco Security Cloud is the one solution to help you be resilient across your network, users, clouds and apps. You'll be able to see across the multicloud environments, anticipate what’s next, take the right action, close security gaps, and more.

Resources