Veracode Research Shows Financial Sector Leads in Fixing Application Flaws, Lags in Time to Remediate
Summary
“ Financial services firms have a median time to remediation of more than six months, despite having a high fix rate compared to other sectors,” said Chris Wysopal, Chief Technology Officer at Veracode. The findings detail that financial services firms: • Are a leading industry when it comes to fixing flaws in their open source software and establishing strong scan cadences. Veracode collaborated with data scientists at Cyentia Institute to better visualize and understand new threats and how developers can make applications better and more secure. With its combination of process automation, integrations, speed, and responsiveness, Veracode helps companies get accurate and reliable results to focus their efforts on fixing, not just finding, potential vulnerabilities. The Veracode solution has assessed more than 21 trillion lines of code and helped companies fix more than 54 million security flaws.
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