Welcome!

@CloudExpo Authors: Pat Romanski, Liz McMillan, Elizabeth White, Yeshim Deniz, Valeriia Timokhina

News Feed Item

Veracode State of Software Security Report Finds That Despite Increasing Global Security Risks From Third Party Applications, Most Enterprises Still Lack Formal Programs To Secure Them

Veracode, Inc., the leader in cloud-based application security testing, today released the second feature supplement of its annual State of Software Security Report (SoSS), for the first time analyzing third-party software security testing metrics. The data indicates that despite increasing security risks from third-party and externally developed software, few enterprises currently have formal testing programs in place. However, there are signs that more organizations are beginning to recognize and address the security risks associated with externally developed applications.

“The widespread adoption of third-party apps and use of external developers in enterprises brings increased risk,” said Chris Eng, vice president of research, Veracode. “In fact, a typical enterprise has an average of 600 mission-critical applications, about 65 percent of which are developed externally, leaving companies increasingly vulnerable to the security risks found in these apps. We are beginning to see signs that enterprises are recognizing and addressing these risks. However, organizations still assume too much risk when trusting their third-party software suppliers to develop applications that meet industry and organizational standards. There is still much more work to be done to adequately secure the software supply chain.”

The supplement found that some of the most dangerous security flaws in existence, such as SQL injection and Cross-Site Scripting, are among the most prevalent vulnerabilities in third-party vendor applications. The report also showed that while a programmatic approach to software security testing can greatly help enterprises and their vendors mitigate these flaws, few organizations have formal programs in place to manage and secure the software supply chain.

Key findings of the report include:

  • Currently few enterprises have vendor application security testing programs in place, but the volume of assessments within organizations is growing
    • Less than one in five enterprises have requested a code-level security test from at least one vendor
    • However, the volume of vendor-supplied software or application assessments continues to grow with a 49 percent increase from the first quarter of 2011 to the second quarter of 2012
  • There is a Gap Between Enterprise Standard and Industry Standard Compliance
    • 38 percent of vendor-supplied applications complied with enterprise-defined policies vs. 10 percent with the OWASP Top Ten and 30 percent with CWE/SANS Top 25 industry-defined standards.
  • Some of the most dangerous vulnerabilities in vendor applications are also the most prevalent
    • Four of the top five flaw categories for web applications are also among the OWASP Top 10 most dangerous flaws and five of the top six flaw categories for non-web applications appear on the CWE/SANS Top 25 list of most dangerous flaws.
    • SQL injection and cross-site scripting affect 40 percent and 71 percent of vendor-supplied web application versions, respectively.
    • Only 10 percent of applications tested complied with the OWASP Top Ten list and 30 percent with the CWE/SANS Top 25 industry standards
  • With 62 percent of applications failing to reach compliance on first submission, procedures for managing non-compliant applications are an important aspect of an enterprise’s security policy
    • 11 percent of vendors resubmitted new versions of applications for testing but are still out of compliance with enterprise policies
  • Structured Testing Programs Promote Higher Participation
    • Enterprises that relied on an ad-hoc approach when requesting application security testing averaged four participating vendors, whereas enterprises with a structured approach had much higher levels of success, averaging participation from 38 vendors.
    • Enterprises with structured programs enabled more vendors to achieve compliance quickly, with 45 percent of vendor applications becoming compliant within one week.
    • By contrast, enterprises with an ad hoc program only saw 28 percent of third-party applications achieve compliance within one week

“Today, every organization is an extended enterprise, with third-party software a fundamental layer in the software supply chain,” said Wendy Nather, research director, 451 Research. “It’s critical that organizations develop security policies when purchasing software from outside vendors because of the risks inherent in using third-party applications, yet few are actually demanding security compliance of their suppliers.”

Report Methodology

This Study of Enterprise Testing of the Software Supply Chain captures data collected from 939 application versions (across 564 distinct applications) submitted to the Veracode Platform during an 18 month time period from January 201 to June 2012. The data comes from actual security analysis of web and non-web applications across industry verticals, languages and platforms, and represents multiple security testing methodologies on a wide range of application types and programming languages.

The focus of this report is to assess the security of software purchased from vendors, as well as participating in vendor application security testing programs, and how different programs impact vendor compliance with application security policies.

Download the Report

Veracode’s report, Enterprise Testing the Software Supply Chain, examines additional software security topics in the context of application security trends, including details on the industries that most commonly employ assessment programs, more information on the factors involved in time to compliance, and additional facts about the types of security programs that enterprises implement. For complete report findings, download a copy of the report by visiting: https://info.veracode.com/vast-soss.html.

About Veracode

Veracode is the only independent provider of cloud-based application intelligence and security verification services. The Veracode platform provides the fastest, most comprehensive solution to improve the security of internally developed, purchased or outsourced software applications and third-party components. By combining patented static, dynamic and manual testing, extensive eLearning capabilities, and advanced application analytics, Veracode enables scalable, policy-driven application risk management programs that help identify and eradicate numerous vulnerabilities by leveraging best-in-class technologies from vulnerability scanning to penetration testing and static code analysis. Veracode delivers unbiased proof of application security to stakeholders across the software supply chain while supporting independent audit and compliance requirements for all applications no matter how they are deployed, via the web, mobile or in the cloud. Veracode works with customers in more than 80 countries worldwide representing Global 2000 brands. For more information, visit www.veracode.com, follow on Twitter: @Veracode or read the Veracode Blog.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@CloudExpo Stories
SYS-CON Events announced today that Enroute Lab will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enroute Lab is an industrial design, research and development company of unmanned robotic vehicle system. For more information, please visit http://elab.co.jp/.
SYS-CON Events announced today that Cedexis will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Cedexis is the leader in data-driven enterprise global traffic management. Whether optimizing traffic through datacenters, clouds, CDNs, or any combination, Cedexis solutions drive quality and cost-effectiveness.
SYS-CON Events announced today that Ryobi Systems will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ryobi Systems Co., Ltd., as an information service company, specialized in business support for local governments and medical industry. We are challenging to achive the precision farming with AI. For more information, visit http:...
Today traditional IT approaches leverage well-architected compute/networking domains to control what applications can access what data, and how. DevOps includes rapid application development/deployment leveraging concepts like containerization, third-party sourced applications and databases. Such applications need access to production data for its test and iteration cycles. Data Security? That sounds like a roadblock to DevOps vs. protecting the crown jewels to those in IT.
What is the best strategy for selecting the right offshore company for your business? In his session at 21st Cloud Expo, Alan Winters, U.S. Head of Business Development at MobiDev, will discuss the things to look for - positive and negative - in evaluating your options. He will also discuss how to maximize productivity with your offshore developers. Before you start your search, clearly understand your business needs and how that impacts software choices.
Today most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes significant work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reducti...
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
SYS-CON Events announced today that Fusic will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Fusic Co. provides mocks as virtual IoT devices. You can customize mocks, and get any amount of data at any time in your test. For more information, visit https://fusic.co.jp/english/.
The “Digital Era” is forcing us to engage with new methods to build, operate and maintain applications. This transformation also implies an evolution to more and more intelligent applications to better engage with the customers, while creating significant market differentiators. In both cases, the cloud has become a key enabler to embrace this digital revolution. So, moving to the cloud is no longer the question; the new questions are HOW and WHEN. To make this equation even more complex, most ...
"NetApp's vision is how we help organizations manage data - delivering the right data in the right place, in the right time, to the people who need it, and doing it agnostic to what the platform is," explained Josh Atwell, Developer Advocate for NetApp, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 21st Cloud Expo, Lennart Frantzell, a Developer Advocate with IBM, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing devel...
SYS-CON Events announced today that B2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. B2Cloud specializes in IoT devices for preventive and predictive maintenance in any kind of equipment retrieving data like Energy consumption, working time, temperature, humidity, pressure, etc.
Many organizations adopt DevOps to reduce cycle times and deliver software faster; some take on DevOps to drive higher quality and better end-user experience; others look to DevOps for a clearer line-of-sight to customers to drive better business impacts. In truth, these three foundations go together. In this power panel at @DevOpsSummit 21st Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, industry experts will discuss how leading organizations build application success from all...
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp em...
Elon Musk is among the notable industry figures who worries about the power of AI to destroy rather than help society. Mark Zuckerberg, on the other hand, embraces all that is going on. AI is most powerful when deployed across the vast networks being built for Internets of Things in the manufacturing, transportation and logistics, retail, healthcare, government and other sectors. Is AI transforming IoT for the good or the bad? Do we need to worry about its potential destructive power? Or will we...
Cloud applications are seeing a deluge of requests to support the exploding advanced analytics market. “Open analytics” is the emerging strategy to deliver that data through an open data access layer, in the cloud, to be directly consumed by external analytics tools and popular programming languages. An increasing number of data engineers and data scientists use a variety of platforms and advanced analytics languages such as SAS, R, Python and Java, as well as frameworks such as Hadoop and Spark...
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
SYS-CON Events announced today that SIGMA Corporation will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. uLaser flow inspection device from the Japanese top share to Global Standard! Then, make the best use of data to flip to next page. For more information, visit http://www.sigma-k.co.jp/en/.
The last two years has seen discussions about cloud computing evolve from the public / private / hybrid split to the reality that most enterprises will be creating a complex, multi-cloud strategy. Companies are wary of committing all of their resources to a single cloud, and instead are choosing to spread the risk – and the benefits – of cloud computing across multiple providers and internal infrastructures, as they follow their business needs. Will this approach be successful? How large is the ...
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...