Open Source Risks – How It Can Cost Your Business Heavily

Popular open-source software makes up a sizable share of corporate applications. Most of these codebases have open-source risks and security flaws. Over 99% of commercial databases have at least one open-source component. A significant benefit of open-source software is that it eliminates the need for companies and developers to develop advanced coding capabilities themselves. Although open-source software has many advantages, it often has vulnerabilities that could affect your data and organization. Ankur Shah provides an overview of the three strategies to address open source risks in this article at SC Media.

Open Source Risks

Cloud apps and platforms are here to stay. Analyst firm Gartner predicts that by 2025, more than 95% of new cloud workloads will be delivered on cloud-native platforms, up from 30% in 2021.

The agile, cloud-native approach to development has significantly benefited from having access to open-source software (OSS). It enables developers to construct more quickly and modularly without continually inventing the wheel. Unfortunately, significant flaws like Log4j and Equifax have exposed open-source risks.

Targeting open-source software appeals to threat actors because exploiting a vulnerability can unleash widespread repercussions. As part of its efforts to protect open-source software against vulnerabilities, the Biden administration has issued guidelines that software companies working with federal agencies must provide a software bill of materials (SBOM). This is to ensure their software has been checked for code integrity and screened for open-source risks in software.

Three Steps to Mitigate Risks

Consolidate to create a context-aware approach: implement a consolidated security platform to address open source risks throughout the application lifecycle.Develop open-source security that you can easily integrate into the tools that developers already use. For instance, integrated development environments (IDEs) and version control systems (VCSs) should provide feedback at the right time and place.Ensure the inventory of codebase components is up-to-date, including open source licenses and version information, across all codebases. SBOMs are vital in the event of a vulnerability since they list all the components in a codebase including the license details and version history. This allows security teams to quickly identify any associated risks.

To read the original article, click on https://www.scmagazine.com/perspective/strategy/three-ways-security-teams-can-foster-open-source-innovation

The post Open Source Risks – How It Can Cost Your Business Heavily appeared first on AITS CAI’s Accelerating IT Success.