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.
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%.
Microsoft has issued fixes for 114 vulnerabilities, including patching a zero-day flaw being actively exploited by a ransomware group and updating guidance to block a vulnerability from 2013 that was recently exploited for the software supply chain attack on 3CX users, attributed to North Korea.
The Biden administration has unveiled its new national cybersecurity strategy, detailing top challenges facing the U.S. and plans for addressing them. Goals include minimum security requirements for critical infrastructure sector organizations and liability for poor software development practices.
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APIs represent the best and worst of times - "massive amounts of business value, but massive amounts of unmitigated risk," says Richard Bird, CSO, Traceable AI. In the past year, misconfigured or error-prone APIs resulted in high-profile breaches at Twitter and T-Mobile. He sees more on the horizon.
Organizations must grapple with software development happening at a faster pace than ever as well as an exponential increase in attacks on the software layer. Contrast Security has therefore developed new technology to secure code that's deployed quickly to the cloud, CEO Alan Naumann says.
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Snyk hauled in nearly $200 million just weeks after laying off 198 employees but had to slash its valuation by $1.1 billion to seal the deal. The company intends to use the Series G proceeds to enhance and expand its developer security platform through both organic investments and acquisitions.
Software has increasingly relied on components developed by third parties or from open-source libraries, which Aqua Security CEO Dror Davidoff says injects additional risk. On-premises environments are still managed in more traditional ways, with the development and production phases totally siloed.
Kalpesh Doshi has come a long way in cybersecurity. When he started out, some people mistakenly thought he was a security guard. Today, he has two decades of experience in information security, security audits, risk management and data protection, regulations, global standards and compliance.
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.
DevSecOps is about security enablement at every stage within the organization - the people, process and technology. To begin the DevSecOps journey, organizations should enable and empower technology teams to think about secure design first, says GitHub's Hatim Matiwala.
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