Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

In partnership with Mend, the Fintech Open Source Foundation (FINOS) recently published its report, “The 2022 State of Open Source in Financial Services.” The report serves up a set of fascinating insights into the pace of open source adoption in the financial services sector. From optimizing benefits to overcoming obstacles, the report provides a valuable snapshot of open source software adoption in finance. Here’s a quick look at the report’s key findings.

Threat actors will always target the things most important to businesses, and today, that means applications–the lifeblood of the global economy. As the recent Mend Open Source Risk Report reveals, the ongoing rise in open source vulnerabilities and software supply chain attacks presents significant business risk. The number of open source vulnerabilities are growing, just as threat actors are launching increasingly sophisticated attacks.

Effectively managing the many open source licenses used in enterprise software is a complex task that requires a thorough evaluation of key features in software license management tools. After that, you need to implement the technology using several best practices. In this blog post, let’s take a brief look at both.

Read some of the highlights from CloudNativeSecurityCon 2023, the first-of-its-kind in-person event, grown from the conversations of the community on the front lines of open source security.

More and more companies are using more and more open source. The stats I’ve seen say seventy to seventy-five percent of all applications use open source or have some type of open source associated with them. I think that number is actually higher. Of all the companies that I’ve worked for, just about every single application has some type of open source associated with it.

Honey Tokens or Canary Tokens are credentials designed to alert you when an attacker is in your infrastructure. This is a complete tutorial how to create them using only open-source projects.

With an understanding of what open source licenses are and their benefits, it’s also useful to know what are the main categories of these licenses, the different types, and their requirements. It’s quite an array, which can be overwhelming, but with this knowledge, you can make more informed choices about what software and what licenses are right for your purposes.

We love open-source software (OSS). Not only does it save time and effort, but it’s also incredibly rewarding to collaborate with other developers on major projects. Plus, it opens the door for innovation that otherwise wouldn’t be possible at this scale. However, with code comes responsibility, and so it’s imperative to understand the risk OSS libraries carry when we’re integrating them into projects.