In the latest "Proof of Concept," Mike Baker, VP/IT CISO at DXC Technology and a CyberEdBoard member, and Chris Hughes, co-founder and CISO at Aquia, join ISMG editors to explore the state of the software supply chain, MOVEit breaches and the role of SBOMs and transparency in software development.
A finalist in RSA Conference's prestigious Innovation Sandbox contest completed its first major funding round to extend its capabilities from code security to pipeline security. Endor Labs got $70 million to move beyond protecting open-source software and get into locking down the CI/CD pipeline.
The rapid pace of API development has created major risk for companies given the amount of data that's being exposed, said Salt Security CEO Roey Eliyahu. The security industry hasn't adapted quickly to address these problems since it's still used to relatively static APIs that were easy to guard.
A startup led by former AWS and Oracle AI executives completed a Series A funding round to strengthen security around ML systems and AI applications. Seattle-based Protect AI plans to use the $35 million investment to expand its AI Radar tool and research unique threats in the AI and ML landscape.
A surging Sonatype and Snyk joined stalwart Synopsys atop Forrester's software composition analysis rankings, while Mend.io tumbled from the leaders category. SCA historically didn't get as much attention as application security testing but that’s changing, said Forrester's Janet Worthington.
Flipkart embraced a comprehensive security maturity program that incorporated defense-in-depth, automation, zero trust and secure SDLC/security-by-design principles across its four subsidiaries. Flipkart's Raakesh Thayyil discussed the importance of a cohesive strategy.
Synopsys stands head and shoulders above the competition in Gartner's application security testing rankings, with Snyk rising and HCL Software falling from the leaders category. Longtime app security players Veracode, Checkmarx and OpenText joined Synopsys and Snyk atop the Gartner Magic Quadrant.
The "shift left" movement puts "unrealistic" expectations on developers, said Gayatri Prakash, vice president and general manager of compliance at CloudBees. She said installing new tools to manage various parts of the SDLC is not necessarily "going to solve our problem for security."
Developers want to move quickly and they want security to be "a natural part" in every step of the software development life cycle. Generative AI can play a pervasive role in helping cybersecurity keep up the pace, according to Brian Roche, chief product officer at Veracode.
Snyk has executed its third round of layoffs since June 2022, axing 128 workers amid projections of challenging market conditions persisting into early 2024. The Boston-based application security vendor revealed Thursday plans to reduce its more than 1,200-person staff by an estimated 11%.
Supply chain attacks have evolved from exploiting organizations with unpatched vulnerabilities in open-source libraries to proactively injecting malicious code into a victim's IT environment, according to Janet Worthington, senior analyst at Forrester.
For the first time in its 17-year history, application security vendor Checkmarx will have a new leader. The company has tapped Sandeep Johri, the longtime chief executive at software testing vendor Tricentis, to serve as its new CEO less than two years after being acquired by Hellman & Friedman.
Security practitioners are putting cognitive psychology and customer experience at the forefront of new product development in a push for usability, says Trusona's Kevin Goldman. Getting user experience designers familiar with products allows them to speak meaningfully with the security team.
CircleCI, which is used by over 1 million developers to build, test and deploy software, has issued a brief security alert warning all customers to immediately "rotate any secrets stored in CircleCI" as it continues to probe a suspected two-week intrusion.
Software life cycle management has always been part of the development team, but organizations are now looking to extend the process beyond the development team to manage the entire supply chain, says Nahas Mohammed, regional sales director at GitHub India.