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.
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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.
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.
Darknet markets offering illegal drugs and fraudster tools and services are thriving, despite the constant threat of law enforcement infiltration, disruption, takedown and arrests. In response, multiple drug markets have launched customized Android apps to handle buying, selling and fulfillment.
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.
Resiliency is a core topic in OWASP's Mobile Application Security Verification Standard. What's key context to know? Dan Shugrue of Digital.ai discusses how to deepen a DevSecOps program by training developers in code obfuscation, anti-tamper, RASP and monitoring.
Palo Alto Networks will make its first major acquisition in nearly two years, scooping up application security startup Cider Security for $250 million. The Silicon Valley-based platform security behemoth will fork over $194.6 million of cash as well as $55.4 million of replacement equity for Cider.
The traditional application development model that puts security checks at the end of the process creates needless friction that slows down organizations, says Snyk solutions engineer Matt Mintzer. Application security specialists need to build tracks rather than guardrails for development, he says.
Many ransomware-wielding attackers - including big-name groups - have been collectively shooting themselves in the foot by resorting to "amateur" tactics, including decryptors that fail to decrypt as well as gangs re-extorting the same victims. Cue fewer victims opting to pay a ransom.