Financial Services Software Has Fewer Security Flaws Than Most Industries

BURLINGTON, Mass. — Veracode, a leading global provider of application security testing solutions, today released data revealing that the financial services industry ranks among the best for overall flaw percentage when compared to other industries, but has one of the lowest fix rates for software security flaws. The sector also falls to the middle of the pack for high-severity flaws, with 18 percent of applications containing a serious vulnerability, suggesting financial firms should prioritize identifying and remediating the flaws that matter most. The findings were outlined in the company’s annual…