Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Technological innovation doesn’t slow down when it comes to software, but neither do cyberattacks. The rapid pace of modern programming brings the need for agility and security that can scale and improve to meet business needs. Organizations that want to keep up with innovation while staying secure need more than just capable tools in their tech stacks; having the right people in the right seats to champion your security efforts throughout the development process is also key.

Verizon recently published its 2021 Data Breach Investigations Report (DBIR). This year, Verizon analyzed 79,635 incidents, of which 29,207 met their quality standards and 5,258 were confirmed data breaches, from 88 countries around the world. Despite the global pandemic, the DBIR uncovered that cybercrime continued to thrive. Like previous years, the majority of breaches were financially motivated, and most were caused by external actors illegally accessing data.

Last night, the Biden administration released an executive order on cybersecurity that includes new security requirements for software vendors selling software to the U.S. government. These requirements include security testing in the development process and a bill of materials for the open source libraries in use, so known vulnerabilities are disclosed and able to be tracked in the future. Without following these standards, companies will not be able to sell software to the federal government.

On Thursday, May 6, Colonial Pipeline, which operates a pipeline that delivers gasoline and jet fuel to nearly 45 percent of the U.S. East Coast, fell victim to a ransomware attack. The attack took over 100 gigabytes of data hostage, causing the company to halt all pipeline operations and shut down several of its systems. The attackers, identified as a criminal gang known as DarkSide, threatened to leak proprietary information unless a ransom is paid.