BURLINGTON, Mass. — Veracode, a leading global provider of modern application security testing solutions, today revealed data that could save organizations time and money by helping developers minimize the introduction and accumulation of security flaws in their software. The Veracode State of Software Security 2023 report found that flaw build-up over time is such that nearly 32 percent of applications are found to have flaws at the first scan and by the time they have been in production for five years, nearly 70 percent contain at least one security flaw. Veracode has…
Tag: flaws
Veracode Research Finds a Quarter of Technology Applications Contain ‘High Severity’ Security Flaws, Which Pose a Serious Cybersecurity Risk If Exploited
BURLINGTON, Mass. — Veracode, a leading global provider of modern application security testing solutions, today revealed that 24 percent of applications in the technology sector contain security flaws that are considered high risk—meaning they would cause a critical issue for the application if exploited. With, arguably, a higher proportion of applications to contend with than other industries, tech firms would benefit from implementing improved secure coding training and practices for their development teams. Chief Research Officer at Veracode, Chris Eng, said, “Giving developers real, hands-on experience of what it takes…
73 Percent of Retail Applications Contain Security Flaws, but Only a Quarter Are Fixed
BURLINGTON, Mass.: Veracode, a leading global provider of modern application security testing solutions, today revealed that almost three-quarters of applications in the retail & hospitality sector contain security flaws, but only 25 percent of these are fixed. Furthermore, 17 percent of these flaws are categorized as ‘high severity’, meaning they pose a serious risk to the business if exploited. With 76 percent of Americans planning to shop the Black Friday sales on 25 November*—and 56 percent planning to purchase entirely online**— retailers should take extra care to reinforce the security of…
Manufacturing Overtakes Financial Services as the Sector With Fewest Software Security Flaws
BURLINGTON, Mass. — Veracode, a leading global provider of application security testing solutions, today revealed that the manufacturing sector has the lowest number of software security flaws, dethroning financial services which took first place last year. The data was published in the company’s annual State of Software Security (SoSS) report v12, which analyzed 20 million scans across half a million applications in the manufacturing, healthcare, financial services, technology, retail, and government sectors. While the industry grappled with increased pressure and demand on the supply chain, manufacturing emerged as the most-targeted…
Healthcare Sector Leads the Way for Fix Rate of Software Security Flaws
BURLINGTON, Mass. — Veracode, a leading global provider of application security testing solutions, today revealed that the healthcare sector takes first place for the proportion of software security flaws that are fixed, at 27 percent. The sector overtook financial services as the top-performing industry, demonstrating healthcare providers have made good headway toward the goal of making their software more secure over the past year. The data was published in the company’s annual State of Software Security (SoSS) report v12, which analyzed 20 million scans across half a million applications in the…
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…