MA-VERACODE
11.1.2023 13:51:42 CET | Business Wire | Press release
Veracode, a leading global provider of modern application security testing solutions, today revealed data that could save organizations time and money by helping developers minimize the introduction and accumulation of security flaws in their software. The Veracode State of Software Security 2023 report found that flaw build-up over time is such that nearly 32 percent of applications are found to have flaws at the first scan and by the time they have been in production for five years, nearly 70 percent contain at least one security flaw. Veracode has been publishing its annual report since 2010, summarizing the key discoveries from its diverse customer base.
With the cost of a data breach averaging $4.35 million*, teams should prioritize remediation early in the software development life cycle to minimize risk caused by flaw accumulation. Chris Eng, Chief Research Officer at Veracode, said, “As with all our studies, we set out to provide insights that developers can put into action right away. From this year’s findings, two important considerations emerged: how to lower the chance of flaws being introduced in the first place, and how to reduce the number of those flaws that are introduced. Aside from technical access controls, secure coding practices are all the more crucial for cybersecurity in 2023 and beyond.”
No Direct Correlation Between App Growth and Flaw Introduction
After the initial scan, apps quickly enter a ‘honeymoon period’ of stability, and nearly 80 percent do not take on any new flaws at all for the first 1.5 years. After this point, however, the number of new flaws introduced begins to climb again to approximately 35 percent at the five-year mark.
The study found that developer training, use of multiple scan types, including scanning via API, and scan frequency are influential factors in reducing the probability of flaw introduction, suggesting teams should make them key components of their software security programs. For example, skipping months between scans correlates with an increased chance that flaws will be found when a scan is eventually run. Furthermore, top flaws in apps vary by testing type, highlighting the importance of using multiple scan types to ensure hard-to-identify flaws aren’t missed.
The Fragility of Open Source
With heightened focus on the Software Bill of Materials over the past year, Veracode’s research team also examined 30,000 open-source repositories publicly hosted on GitHub. Interestingly, 10 percent of repositories hadn’t had a commit—a change to the source code—for almost six years. Eng said, “Using a software composition analysis (SCA) solution that leverages multiple sources for flaws, beyond the National Vulnerability Database, will give advance warning to teams once a vulnerability is disclosed and enable them to implement safeguards more quickly, hopefully before exploitation begins. Setting organizational policies around vulnerability detection and management is also recommended, as well as considering ways to reduce third-party dependencies.”
An Ounce of Prevention is Worth a Pound of Cure: Steps to Success
Veracode’s research reveals key steps that security and development teams should take:
- Tackle technical or security debt as early and quickly as possible. The remediation curve must fall earlier and faster because an application will have accumulated flaws by the time it is two years old. Whether through increasing complexity from years of steady growth or diminishing focus on application development, this trend continues upwards, meaning there is a 90 percent chance an application will contain at least one flaw by the 10-year mark. Scanning frequently using a variety of tools helps to find and fix flaws that may have been introduced or built up over time.
- Prioritize automation and developer security training to provide understanding of which vulnerabilities are most likely to be introduced, as well as techniques to avoid introducing flaws altogether. Overall, the data shows a 27 percent chance that new flaws will be introduced in an application in any given month. Organizations that scan via API reduce this probability to 25 percent. Those that complete 10 Security Labs—a training platform offering hands-on vulnerability detection and remediation experience—also reduce the probability of flaws being introduced by 1.8 percent in any given month.
- Establish an application lifecycle management protocol that incorporates change management, resource allocation, and organizational controls. Investigate what the supportability and quality control phases look like in your organization. Initial discussions could lead to planned obsolescence for some applications and a review of the processes and quality control measures involved in continuous product engineering.
Jay Jacobs, Co-founder and Data Scientist at The Cyentia Institute, with whom Veracode produced the report, closed, “With Veracode’s State of Software Report, it’s fascinating to examine flaw accumulation and behavior by drawing upon nearly two decades of data. The breadth and depth of the data enables us to not just identify best practices, but also some of the more subtle factors that need to be addressed early in the development process to minimize risk later down the line.”
The Veracode State of Software Security 2023 study analyzed more than three quarters of a million applications across commercial software suppliers, software outsourcers, and open-source projects. The full report is available to download here.
* IBM Security and The Ponemon Institute, “Cost of a Data Breach Report 2022”, July 2022, https://www.ibm.com/downloads/cas/3R8N1DZJ
About the State of Software Security Report
The Veracode State of Software Security 2023 report analyzed data from large and small companies, commercial software suppliers, software outsourcers, and open-source projects. The report contains findings from more than three quarters of a million (759,445) applications that used all scan types, more than a million (1,262,147) dynamic analysis scans, more than seven million (7,522,989) static analysis scans, and more than 18 million (18,473,203) software composition analysis scans. All those scans produced 86 million raw static findings, 3.7 million raw dynamic findings, and 8.5 million raw software composition analysis findings.
About Veracode
Veracode is a leading AppSec partner for creating secure software, reducing the risk of security breach, and increasing security and development teams’ productivity. As a result, companies using Veracode can move their business, and the world, forward. 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. Learn more at www.veracode.com, on the Veracode blog, on LinkedIn, and on Twitter.
Copyright © 2023 Veracode, Inc. All rights reserved. Veracode is a registered trademark of Veracode, Inc. in the United States and may be registered in certain other jurisdictions. All other product names, brands or logos belong to their respective holders. All other trademarks cited herein are property of their respective owners.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230111005141/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
PMCOrganometallix Announces Price Increase on All Products24.4.2026 22:55:00 CEST | Press release
Due to significant changes in market conditions, PMC Organometallix, Inc. announces that effective May 1, 2026, or as contracts permit, prices across all product lines globally will increase by 10-25%. This adjustment is driven by sustained cost pressures from key inputs including rising raw material costs and escalating freight and logistics expenses. While the company has been absorbing these increases, the current economic environment brought on by the geopolitical crisis of the Iran conflict requires this adjustment to continue providing the high-quality, consistent materials and supply reliability that customers expect. PMC Organometallix will implement these changes in a transparent, collaborative manner and values your partnership while navigating these economic challenges. Customers with questions or to discuss a specific situation should contact their account representative. About PMC Group PMC Group is a growth-oriented, diversified, global chemicals and plastics company deli
Frankfurt Higher Regional Court upholds BESREMi® arbitral award in favor of AOP Health24.4.2026 18:52:00 CEST | Press release
Today, the Higher Regional Court of Frankfurt upheld the February 20251 partial final ICC arbitral award in favor of AOP Orphan Pharmaceuticals GmbH (“AOP Health”) in its dispute with PharmaEssentia Corp. (“PharmaEssentia”). The ruling confirms the award which found the Taiwanese company to be liable for certain damages. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260424005227/en/ Portrait Dr. Rudolf Widmann, Founder AOP Health Credit: AOP Health/Daniel Ospelt Dr. Rudolf Widmann, one of the two founders of AOP Health, explains: “We very much welcome the Frankfurt Higher Regional Court’s decision that confirms our position. In the interest of our patients, we are dedicated to maintaining stable and sustainable access to BESREMi® and to responsibly navigating future challenges.” The Product in Dispute The conflict centers around BESREMi® (ropeginterferon alfa-2b), a product launched in 2019 and developed by AOP Health into
Compass Pathways Announces FDA Granted NDA Rolling Review Request and Awarded Commissioner's National Priority Voucher24.4.2026 16:37:00 CEST | Press release
Compass is the most advanced company in classic psychedelics and has generated positive data from two ongoing large, well controlled Phase 3 clinical trials, designed to uphold the highest regulatory standardsFDA grants Compass NDA rolling submission and review request, based on Phase 3 dataCNPV awarded for COMP360, Compass’ proprietary formulation of synthetic psilocybin, for treatment-resistant depression (TRD)CNPV further accelerates momentum and Compass is confident and ready to deliver for patients Compass Pathways plc (Nasdaq: CMPS), a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health, today announced the U.S. Food and Drug Administration (FDA) granted Compass NDA rolling review request and selected COMP360, Compass’ proprietary formulation of synthetic psilocybin, for the Commissioner's National Priority Voucher (CNPV) program for treatment-resistant depression (TRD). Companies selected for the voucher program will be en
Banma Intelligence and Alipay Launch AI Cockpit Solution Powered by Alipay AI Pay, Enabling Seamless and Secure In-Car Transactions by Voice24.4.2026 16:04:00 CEST | Press release
At the 2026 Beijing International Automotive Exhibition (“Auto China 2026”), OS and AI technology company Banma Intelligence and Alipay today launched a new AI cockpit solution integrating Alipay AI Pay, enabling drivers to complete purchases by voice command directly from their vehicle. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260424618328/en/ Industry-first AI Cockpit Solution with Alipay AI Pay Unveiled “In the past two years, smart cockpits have achieved rapid advances in perception and decision-making,” said Ming Cai, Banma Intelligence Chief Product Officer. “With large models onboard, vehicles can understand user intent and make recommendations. By integrating Alipay AI Pay into our AI cockpit solution, we are removing the last friction point in the in-car smart cockpit experience - drivers simply speak to pay, no phone required.” The new AI cockpit solution initially covers two high-frequency use cases: enterta
Spatial Announces the Release 2026 1.0.1: New Enhancements Across 3D InterOp, Data Prep, Meshing, and 3D Modeling SDKs24.4.2026 15:21:00 CEST | Press release
Spatial Corp., the leading software development kit provider for design, manufacturing and engineering solutions and a subsidiary of Dassault Systèmes, today announced new enhancements across several of its product lines. These updates further strengthen Spatial’s commitment to delivering high-performance solutions that optimize interoperability, data preparation, and advanced modeling workflows. Designed to improve efficiency and robustness across CAD translation, modeling, meshing, and simulation processes, the latest updates introduce expanded format support, enhanced PMI handling, and new capabilities for complex geometry processing. 3D InterOp NX Reader Enhancement for 2D Drawings The NX reader imports 2D drawings as visualization data from NX 2412 and later versions. glTF Writer Supports Draco Compression glTF export incorporates Draco compression for meshes and point-clouds to significantly reduce output file sizes. Enhanced Support for Reading Product Manufacturing Information
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
