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
Rapid Medical™’s DISTALS Trial Overwhelmingly Positive, Demonstrating Superior Reperfusion with TIGERTRIEVER™ 13 in Medium Vessel Stroke6.2.2026 20:30:00 CET | Press release
TIGERTRIEVER™ 13 is the first device shown to meet safety and effectiveness endpoints for restoring blood flow in smaller but critical areas of the brain, accounting for almost 50% of all ischemic strokes Rapid Medical™, a leading developer of active endovascular devices, today announced late-breaking results from the DISTALS multicenter, randomized controlled trial showing that TIGERTRIEVER™ 13 achieved superior brain tissue reperfusion with an excellent safety profile when compared with medical management in medium vessel occlusion (MVO) stroke. The findings were presented in the main closing session at the 2026 International Stroke Conference (ISC). Top-line results showed that the TIGERTRIEVER™ 13 arm demonstrated 3x more successful reperfusion without symptomatic intracranial hemorrhage (sICH) compared to medical management–86.3% vs 27.7% (p < 0.001). Notably, zero sICH events were reported in the randomized treatment arm treated with TIGERTRIEVER 13. By comparison, sICH rates rep
Al Barari Breaks Ground on The Cape, The Final Chapter of a Legacy6.2.2026 15:46:00 CET | Press release
Al Barari, Dubai’s pioneering nature-led community, has officially marked the groundbreaking of The Cape, its final signature residential development, celebrating two decades of visionary craftsmanship and a continued commitment to creating harmonious living environments rooted in nature. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260206475199/en/ Hazza Zaal, CEO of Al Barari Real Estate Group, alongside the Sales and Construction teams at The Cape Groundbreaking Ceremony, marking a milestone in Al Barari’s final signature development. (Photo: AETOSWire) The milestone ceremony signals the beginning of a landmark chapter for Al Barari, as The Cape represents the culmination of a 20-year legacy defined by intentional design, wellbeing-focused living, and immersive natural landscapes. Located within Dubai’s green heart, The Cape introduces an enriched lifestyle experience surrounded by lush botanical settings, gentle water
Andersen Consulting indgår samarbejdsaftale med Alfa Group6.2.2026 15:41:00 CET | Pressemeddelelse
Andersen Consulting styrker sit udbud inden for cybersikkerhed gennem samarbejdet med Alfa Group, der er en førende teknologivirksomhed med næsten tre årtiers erfaring i at hjælpe organisationer med at beskytte og optimere deres drift. Alfa Group blev grundlagt i 1996 og har hovedsæde i Rom. Virksomheden leverer avancerede løsninger inden for cybersikkerhed, registrering og forebyggelse af svindel, hændelseshåndtering og sårbarhedsstyring samt udvalgte ydelser inden for processtyring. Deres proprietære teknologi, N.O.V.A., er en fuldt integreret administreret tjeneste, der kombinerer Alfa Groups innovationer med tredjepartssystemer for at beskytte digitale infrastrukturer, reducere risici og øge den operationelle effektivitet. Virksomheden betjener kunder på tværs af brancher, herunder finans og forsikring, forsvar og rumfart, telekommunikation, fremstilling, energi og medicinalindustrien. "Vores samarbejde med Andersen Consulting giver os mulighed for at udvide vores rækkevidde og lev
Quantfury and Sandwich Launch Commercial Series to Encourage Better Choices in Retail Trading6.2.2026 15:00:00 CET | Press release
Quantfury Trading Americas Limited (“Quantfury”), a global brokerage offering commission-free trading at real-time spot prices from major exchanges, has partnered with Sandwich, a leading creative agency for tech and product videos, to produce a Social Responsibility Commercial Series. The series of commercials incorporates clear, engaging storytelling to prompt viewers to think about common retail trading behaviors—especially high-energy marketing, gamification of speculation, and heavy focus on potential gains without equal attention to risks—and to choose more thoughtful, informed approaches. Lev Mazur, Founder of Quantfury, said: “It’s a pleasure to work with Sandwich, whose visual storytelling is outstanding. Since day one, Quantfury has aimed to question and improve the standard practices in the global retail trading industry.” Adam Lisagor, Founder of Sandwich, added: “A good investment is a story. Quantfury stood out by wanting to tell a real, interesting story first—rather tha
JSS: 2025 Sake Exports Grew Steadily, Reaching a Record 81 Markets6.2.2026 04:00:00 CET | Press release
Sake exports continued to expand in 2025 in both value and volume, with export destinations reaching a record 81 countries and regions. Export value increased 6% year on year to 45.9 billion yen, while export volume rose 8% to 33.55 million liters (3.73 million cases on a 9-liter basis), marking the second-highest export performance on record. The average export unit price per 750 ml bottle declined 2% year on year to 1,026 yen. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260205671686/en/ Sake Export Performance by Country (Top 10, 2025) Export value has nearly doubled since 2020, and the CAGR over the past five years reached 14%. This underscores sake’s position as a high-growth category globally. Asia remained the largest export destination, with export value totaling 28.8 billion yen, representing an 8% increase year on year and accounting for 63% of total export value. North America recorded exports of 12.4 billion ye
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
