Cyber security has emerged as a top priority for enterprises worldwide, but are automated software security assurance (SSA) solutions worth the investment? In this updated study of enterprise companies across multiple industries,
SSA solutions from HP Fortify were shown to generate millions of dollars in cost savings, revenue enhancement, and risk reduction. What’s more, companies found they could accelerate benefits using Fortify on Demand, a Security-as-a-Service solution that helped them ramp up faster, fix vulnerabilities sooner, and generate savings in days.
Trends in Enterprise Adoption of MDM Features and Capabilities: ExcerptKelly Teal
AOTMP has wrapped another report, this one covering the MDM features enterprises use most -- and those they neglect. Enterprises and vendors alike will benefit from the insight and guidance. Read this excerpt for a taste of the full report.
KPMG Survey: Is Unlicensed Software Usage Hurting Your Bottom LineJeff Gustafson
Interesting survey conducted by KPMG relating to trends in software licensing and compliance.
Also reposted on Sand Hill (www.sandhill.com).
Keys:
Software license compliance
Software licensing and compliance
Software licensing entitlements
Software Asset Management (SAM)
Software Asset Optimization
Electronic License Management (ELM)
Contract Compliance and Risk
ISO 19970
The Roadmap to Becoming a Top Performing Organization in Managing IT OperationsDigital Enterprise Journal
Research study - the key findings of Digital Enterprise Journal's research study based on insights from more than 800 organizations.
Author: Bojan Simic, President and Chief Analyst, Digital Enterprise Journal
Big Data, Big Problems: Avoid System Failure with Quality Analysis - Webinar ...CAST
Do you want to make your systems more reliable and resilient before your organization becomes the next headline? View the slides from our recent webinar with Melinda Ballou, Program Director for IDC's Application Life-Cycle Management & Executive Strategies research.
Melinda discusses the trends driving recent high-profile outages with increasing frequency, and gives practical advice on adapting your strategy for quality analysis and improving architectural design upfront. To view the recording, visit http://www.castsoftware.com/news-events/event/avoid-system-failure-idc?gad=ss
Your Challenge
As the market evolves, capabilities that were once cutting edge become default and new functionality becomes differentiating.
Vendors use a lot of marketing jargon, buzzwords, and statistics to sell their solutions, making objective evaluation rather difficult.
The endpoint protection (EPP) market is overcrowded and fragmented, resulting in information overload and consequently, a difficult vendor assessment.
Disparate product solutions are being bundled into one-off solutions or suites, often resulting in less efficient solutions than the more niche players.
Imminent obsolescence is an issue. Previous EPP solutions have not adapted with the rapidly evolving threat landscape and are no longer relevant, resulting in breaches or vulnerabilities.
Critical Insight
Don’t let vendors and market reports define your endpoint protection needs. Identify the use cases and corresponding feature sets that best align with your risk profile before evaluating the vendor marketspace.
Your security controls are diminishing in value (if they haven’t already). Develop a strategy that accounts for the rapid evolution and imminent obsolescence of your endpoint controls. Plan for future needs when making purchasing decisions today.
Endpoint protection is a matter of defense in depth and risk modelling, there is no silver bullet protection and mitigation solution. As end-client-technology providers release regular product/software updates, security tools will become outdated. Multiyear endpoint protection commitments will leave you playing a constant game of catch up.
Impact and Result
The solution is a holistic internal security assessment that not only identifies, but satisfies, your desired endpoint protection feature set with the corresponding endpoint protection suite and a comprehensive implementation strategy.
Use this blueprint to walk through the steps of selecting and implementing an endpoint protection solution that best aligns with your organizational needs.
OPEN SOURCE BPM vs. Programación (RED HAT)Kay Winkler
Según Forrester, desarrolladores consideran Open Source BPM como una alternativa atractiva a la codificación "manual" -
"En los equipos de tecnología se tendrán que iniciar a mirar más allá de los conceptos erróneos comunes acerca de BPM de código abierto en la evaluación de diferentes opciones con el fin de acelerar el desarrollo y la entrega de aplicaciones más sofisticadas..."
Trends in Enterprise Adoption of MDM Features and Capabilities: ExcerptKelly Teal
AOTMP has wrapped another report, this one covering the MDM features enterprises use most -- and those they neglect. Enterprises and vendors alike will benefit from the insight and guidance. Read this excerpt for a taste of the full report.
KPMG Survey: Is Unlicensed Software Usage Hurting Your Bottom LineJeff Gustafson
Interesting survey conducted by KPMG relating to trends in software licensing and compliance.
Also reposted on Sand Hill (www.sandhill.com).
Keys:
Software license compliance
Software licensing and compliance
Software licensing entitlements
Software Asset Management (SAM)
Software Asset Optimization
Electronic License Management (ELM)
Contract Compliance and Risk
ISO 19970
The Roadmap to Becoming a Top Performing Organization in Managing IT OperationsDigital Enterprise Journal
Research study - the key findings of Digital Enterprise Journal's research study based on insights from more than 800 organizations.
Author: Bojan Simic, President and Chief Analyst, Digital Enterprise Journal
Big Data, Big Problems: Avoid System Failure with Quality Analysis - Webinar ...CAST
Do you want to make your systems more reliable and resilient before your organization becomes the next headline? View the slides from our recent webinar with Melinda Ballou, Program Director for IDC's Application Life-Cycle Management & Executive Strategies research.
Melinda discusses the trends driving recent high-profile outages with increasing frequency, and gives practical advice on adapting your strategy for quality analysis and improving architectural design upfront. To view the recording, visit http://www.castsoftware.com/news-events/event/avoid-system-failure-idc?gad=ss
Your Challenge
As the market evolves, capabilities that were once cutting edge become default and new functionality becomes differentiating.
Vendors use a lot of marketing jargon, buzzwords, and statistics to sell their solutions, making objective evaluation rather difficult.
The endpoint protection (EPP) market is overcrowded and fragmented, resulting in information overload and consequently, a difficult vendor assessment.
Disparate product solutions are being bundled into one-off solutions or suites, often resulting in less efficient solutions than the more niche players.
Imminent obsolescence is an issue. Previous EPP solutions have not adapted with the rapidly evolving threat landscape and are no longer relevant, resulting in breaches or vulnerabilities.
Critical Insight
Don’t let vendors and market reports define your endpoint protection needs. Identify the use cases and corresponding feature sets that best align with your risk profile before evaluating the vendor marketspace.
Your security controls are diminishing in value (if they haven’t already). Develop a strategy that accounts for the rapid evolution and imminent obsolescence of your endpoint controls. Plan for future needs when making purchasing decisions today.
Endpoint protection is a matter of defense in depth and risk modelling, there is no silver bullet protection and mitigation solution. As end-client-technology providers release regular product/software updates, security tools will become outdated. Multiyear endpoint protection commitments will leave you playing a constant game of catch up.
Impact and Result
The solution is a holistic internal security assessment that not only identifies, but satisfies, your desired endpoint protection feature set with the corresponding endpoint protection suite and a comprehensive implementation strategy.
Use this blueprint to walk through the steps of selecting and implementing an endpoint protection solution that best aligns with your organizational needs.
OPEN SOURCE BPM vs. Programación (RED HAT)Kay Winkler
Según Forrester, desarrolladores consideran Open Source BPM como una alternativa atractiva a la codificación "manual" -
"En los equipos de tecnología se tendrán que iniciar a mirar más allá de los conceptos erróneos comunes acerca de BPM de código abierto en la evaluación de diferentes opciones con el fin de acelerar el desarrollo y la entrega de aplicaciones más sofisticadas..."
Insurance rating software is defined as an integrated software to handle the needs of insurers of all sizes. It is used to calculate the premium associated with a policy or other transactions. It stores the rating rules and algorithms, the base rates and associated factors, and the rules necessary to combine the rates and algorithms to calculate a premium.
Corporater Overview | Business Management Platform (BMP)Corporater
Corporater is a global software company that empowers medium and large organizations worldwide to manage their entire business on a rapid solution configuration business management platform (BMP) that adapts to their unique business model.
Corporater BMP is a next generation software that enables organizations to have a complete overview of their business. Each solution can be run as a stand-alone or be a part of a holistic management approach for managing multiple frameworks within the domain of GPRC – Governance, Performance, Risk, and Compliance.
To know more, visit: https://bit.ly/3faryzl
New IDC Research on Software Analysis & MeasurementCAST
Watch this exciting webinar with Melinda Ballou, a leading analyst with IDC, as she reviews the newly defined market category of Software Quality Analysis and Measurement (SQAM). Hear Melinda discuss the motivation behind increased spend on SQAM such as competitive pressures requiring rapid adaptability while avoiding software failure, complex sourcing environments that include onshore, offshore and open source options, and economic impacts that drive efficiency and accountability in development.
To view the webinar, visit http://www.castsoftware.com/news-events/event/idc-software-analysis-measurement?gad=ss
A global investment firm’s private equity group was unsure of whether a target Healthcare company was a valuable addition to their growing portfolio. They enlisted WGroup to assess the competitive position of the company overall as well as the functionality of a key software platform owned by the company. WGroup assessed the client’s software from all angles (security, scalability, competitiveness and cost implications) and found that several areas for improvement existed. WGroup created a roadmap for the initiatives that mapped out how the client could achieve these goals.
Are you managing GRC in the most effective manner? Is it contributing to business governance or becoming a burden ? We will discuss the current state of GRC and recognized business drivers as well as supportive risk management infrastructures. Strategies for the alignment of business interests with enterprise GRC programs to establish a complete, auditable, less time consuming program which benefits from management visibility and compliance readiness will additionally be presented. Utilize GRC to manage your business, not to burden it.
James P Finn, Modulo
James has twenty five years experience in security and disaster recovery consulting, managing and delivering enterprise solutions to more than 200 worldwide commercial and government clients.
He has held various management and consulting positions in the information security field including as a worldwide IBM Corporate Auditor for Information Security reporting to the Corporation’s Board of Directors and the as the founding Principal of both the IBM and Unisys Security Consulting Practices and as Vice President of Risk Management for Modulo.
He has consulted in more than 38 countries (U.S., Asia, Europe, South America) on business, technical security and recovery solutions to assist clients to achieve and maintain effective goverance across the full spectrum of security and business recovery disciplines. James is a Microsoft MSRA trained assessor, a KPMG trained SOX auditor and also holds Business Continuity certifications.
He is frequently requested as a speaker at international industry conferences, live webcasts and TV and radio news shows and is the author of over 50 media articles on computer security
In March, we will reach the one-year anniversary of the first COVID lockdowns instituted in the US. Given the milestone, Catalyst Investors assembled this report to reflect upon some of our initial assumptions (https://catalyst.com/research_item/market-opportunities-post-covid-19/) around COVID’s impact on the tech ecosystem. Additionally, as we look towards the end of confinement and return to “normalcy”, we shift our focus to the technology landscape and investment opportunity set on a go forward basis.
Overall, many of our predictions around the future of work and relevant business implications appear to have come to fruition. We’ve seen clear indicators that attitudes are changing around the necessity of business travel and the acceptance of a distributed workforce. Experts estimate that the pandemic has sped up the adoption of digital technologies by several years, leading to a strong and fast-growing opportunity set for tech investors. Also, as the economy begins to reopen, we anticipate a significant amount of recovery opportunities for impacted vertical software players and tech-enabled services.
Accenture’s research into collecting employee data can help organizations get the most out of their employees and decode their organizational DNA. Learn more.
Selection of a standard collaboration platform and toolset used to be easy: Microsoft or IBM Lotus. Now there are many competitors in this market, fueled by the rise of Web 2.0 collaboration paradigms, requiring organizations to know what the problem is they are trying to solve.
This storyboard will help you:
•Understand and identify collaboration opportunities that exist within your organization.
•Identify leading vendors and compare capabilities.
•Select the right solution to implement.
Organizations are embracing the need to support teams with enterprise collaboration solutions.
Over the past five years, companies of all sizes have been under increased pressure to improve IT efficiency and effectiveness.
IDC customer-based studies show that each year, the average midsize company experiences 15–18 business hours of network, system, or application downtime. Causes of downtime vary, but aging systems can have components or software that fail, while network connections and power grids can fail at any time because of external causes (e.g., weather, construction work, or natural disaster). Outages occurring during business hours result in revenue loss, as orders are dropped, customers move on, and employees cannot access critical applications. IDC research found that revenue losses per hour averaged $75,000. However, the adoption of best practices has allowed midsize companies to reduce downtime significantly in recent years. Solutions that improve system management, protect data assets from loss and unauthorized access, strengthen network security, and ensure availability directly reduce these losses at customer sites.
The importance of effectively using EDI and expanding the
value proposition to mid-sized businesses is paramount.
This white paper discusses how your business can integrate
EDI into its ERP software, improving efficiency and
reducing operational costs by eliminating mistakes and
chargebacks.
Core Transformation: How Pekin Insurance Modernized Its Systems on AWS - FSI2...Amazon Web Services
Pekin Insurance has undertaken a strategic core transformation program to increase revenue and accelerate product rollout. This program requires modernizing Pekin's core systems, including policy, claims, and billing, by leveraging Guidewire Software and other insurance applications. To meet this requirement and become more agile, Pekin worked with Deloitte to devise a cloud-first strategy of shifting to a hybrid cloud model with AWS and adopting DevOps methodologies. In this session, AWS, Pekin, and Deloitte outline the benefits of running core Insurance systems like Guidewire on AWS. They also explore ways CIOs can transform organizations by converging emerging born-in-the-cloud technologies with business-centric DevOps operating models.
Connecting Access Governance and Privileged Access ManagementEMC
This white paper reviews why connecting a PAM solution to an IGA solution will enable organizations to holistically control and audit access to intellectual property, regulated information and infrastructure systems.
Insurance rating software is defined as an integrated software to handle the needs of insurers of all sizes. It is used to calculate the premium associated with a policy or other transactions. It stores the rating rules and algorithms, the base rates and associated factors, and the rules necessary to combine the rates and algorithms to calculate a premium.
Corporater Overview | Business Management Platform (BMP)Corporater
Corporater is a global software company that empowers medium and large organizations worldwide to manage their entire business on a rapid solution configuration business management platform (BMP) that adapts to their unique business model.
Corporater BMP is a next generation software that enables organizations to have a complete overview of their business. Each solution can be run as a stand-alone or be a part of a holistic management approach for managing multiple frameworks within the domain of GPRC – Governance, Performance, Risk, and Compliance.
To know more, visit: https://bit.ly/3faryzl
New IDC Research on Software Analysis & MeasurementCAST
Watch this exciting webinar with Melinda Ballou, a leading analyst with IDC, as she reviews the newly defined market category of Software Quality Analysis and Measurement (SQAM). Hear Melinda discuss the motivation behind increased spend on SQAM such as competitive pressures requiring rapid adaptability while avoiding software failure, complex sourcing environments that include onshore, offshore and open source options, and economic impacts that drive efficiency and accountability in development.
To view the webinar, visit http://www.castsoftware.com/news-events/event/idc-software-analysis-measurement?gad=ss
A global investment firm’s private equity group was unsure of whether a target Healthcare company was a valuable addition to their growing portfolio. They enlisted WGroup to assess the competitive position of the company overall as well as the functionality of a key software platform owned by the company. WGroup assessed the client’s software from all angles (security, scalability, competitiveness and cost implications) and found that several areas for improvement existed. WGroup created a roadmap for the initiatives that mapped out how the client could achieve these goals.
Are you managing GRC in the most effective manner? Is it contributing to business governance or becoming a burden ? We will discuss the current state of GRC and recognized business drivers as well as supportive risk management infrastructures. Strategies for the alignment of business interests with enterprise GRC programs to establish a complete, auditable, less time consuming program which benefits from management visibility and compliance readiness will additionally be presented. Utilize GRC to manage your business, not to burden it.
James P Finn, Modulo
James has twenty five years experience in security and disaster recovery consulting, managing and delivering enterprise solutions to more than 200 worldwide commercial and government clients.
He has held various management and consulting positions in the information security field including as a worldwide IBM Corporate Auditor for Information Security reporting to the Corporation’s Board of Directors and the as the founding Principal of both the IBM and Unisys Security Consulting Practices and as Vice President of Risk Management for Modulo.
He has consulted in more than 38 countries (U.S., Asia, Europe, South America) on business, technical security and recovery solutions to assist clients to achieve and maintain effective goverance across the full spectrum of security and business recovery disciplines. James is a Microsoft MSRA trained assessor, a KPMG trained SOX auditor and also holds Business Continuity certifications.
He is frequently requested as a speaker at international industry conferences, live webcasts and TV and radio news shows and is the author of over 50 media articles on computer security
In March, we will reach the one-year anniversary of the first COVID lockdowns instituted in the US. Given the milestone, Catalyst Investors assembled this report to reflect upon some of our initial assumptions (https://catalyst.com/research_item/market-opportunities-post-covid-19/) around COVID’s impact on the tech ecosystem. Additionally, as we look towards the end of confinement and return to “normalcy”, we shift our focus to the technology landscape and investment opportunity set on a go forward basis.
Overall, many of our predictions around the future of work and relevant business implications appear to have come to fruition. We’ve seen clear indicators that attitudes are changing around the necessity of business travel and the acceptance of a distributed workforce. Experts estimate that the pandemic has sped up the adoption of digital technologies by several years, leading to a strong and fast-growing opportunity set for tech investors. Also, as the economy begins to reopen, we anticipate a significant amount of recovery opportunities for impacted vertical software players and tech-enabled services.
Accenture’s research into collecting employee data can help organizations get the most out of their employees and decode their organizational DNA. Learn more.
Selection of a standard collaboration platform and toolset used to be easy: Microsoft or IBM Lotus. Now there are many competitors in this market, fueled by the rise of Web 2.0 collaboration paradigms, requiring organizations to know what the problem is they are trying to solve.
This storyboard will help you:
•Understand and identify collaboration opportunities that exist within your organization.
•Identify leading vendors and compare capabilities.
•Select the right solution to implement.
Organizations are embracing the need to support teams with enterprise collaboration solutions.
Over the past five years, companies of all sizes have been under increased pressure to improve IT efficiency and effectiveness.
IDC customer-based studies show that each year, the average midsize company experiences 15–18 business hours of network, system, or application downtime. Causes of downtime vary, but aging systems can have components or software that fail, while network connections and power grids can fail at any time because of external causes (e.g., weather, construction work, or natural disaster). Outages occurring during business hours result in revenue loss, as orders are dropped, customers move on, and employees cannot access critical applications. IDC research found that revenue losses per hour averaged $75,000. However, the adoption of best practices has allowed midsize companies to reduce downtime significantly in recent years. Solutions that improve system management, protect data assets from loss and unauthorized access, strengthen network security, and ensure availability directly reduce these losses at customer sites.
The importance of effectively using EDI and expanding the
value proposition to mid-sized businesses is paramount.
This white paper discusses how your business can integrate
EDI into its ERP software, improving efficiency and
reducing operational costs by eliminating mistakes and
chargebacks.
Core Transformation: How Pekin Insurance Modernized Its Systems on AWS - FSI2...Amazon Web Services
Pekin Insurance has undertaken a strategic core transformation program to increase revenue and accelerate product rollout. This program requires modernizing Pekin's core systems, including policy, claims, and billing, by leveraging Guidewire Software and other insurance applications. To meet this requirement and become more agile, Pekin worked with Deloitte to devise a cloud-first strategy of shifting to a hybrid cloud model with AWS and adopting DevOps methodologies. In this session, AWS, Pekin, and Deloitte outline the benefits of running core Insurance systems like Guidewire on AWS. They also explore ways CIOs can transform organizations by converging emerging born-in-the-cloud technologies with business-centric DevOps operating models.
Connecting Access Governance and Privileged Access ManagementEMC
This white paper reviews why connecting a PAM solution to an IGA solution will enable organizations to holistically control and audit access to intellectual property, regulated information and infrastructure systems.
Configuration Compliance For Storage, Network & Server EMC
This white paper shows the benefits of integrating IT infrastructure management technologies such as Network Configuration Manager, Storage Configuration Advisor and vCenter Configuration Manager into the RSA Archer platform for Configuration Compliance.
Role-Based Access Governance and HIPAA Compliance: A Pragmatic ApproachEMC
This white paper discusses how some forward thinking organizations are using the passage of the HITECH Act as an opportunity to modernize how patient information is stored and accessed through electronic health records.
In this blog, you will gain a full understanding of the benefits of custom software, what to look for when hiring a custom software development company, the risks and costs, what to expect in the entire software development lifecycle, and how to ensure the success.
Read full article here: https://www.vrinsofts.com/an-ultimate-guide-to-custom-software-development/
Selecting an App Security Testing Partner: An eGuideHCLSoftware
In the age of digital transformation, global businesses leverage web application scanning tools to shape innovative employee cultures, business processes, and customer experiences. The surge in remote work, cloud computing, and online services unveils unprecedented vulnerabilities and threats.
Learn more: https://hclsw.co/ftpwvz
Procuring an Application Security Testing PartnerHCLSoftware
Procuring an Application Security Testing Partner is crucial for safeguarding digital assets. An Application Security Testing Partner specializes in conducting comprehensive assessments using keywords like vulnerability scanning, penetration testing, code review, and threat modeling. Their expertise ensures your applications are fortified against cyber threats, providing peace of mind in an increasingly interconnected digital landscape.
Learn More: https://hclsw.co/ftpwvz
How Can Enterprise App Development Help Your Business Growth.pdfXDuce Corporation
Enterprise application development is the process of creating and deploying scalable and
reliable apps to help enterprises streamline their business operations, improve productivity,
lower costs, and so on. Enterprise app development is possible to develop for both internal
and external use. Enterprise app development helps a business in many ways. The significant
advantage of enterprise app development services is that it provides the ability to store a
massive amount of informatio
How Can Enterprise App Development Help Your Business Growth.pptxXDuce Corporation
Organizations have seen growth in the demand for enterprise app development. It has made
developers build multiple apps that help their clients to grow business with enterprise
applications. Such as Automated billing systems, Payment processing systems, Email
marketing systems, Customer Relationship Management (CRM), Enterprise Resource
Planning (ERP), Business Continuity Planning (BCP), Enterprise Application Integration
(EAI), Enterprise Content Management, Enterprise Messaging Systems (EMS), HR
Management
How to build effective and cheaper m-payments with Open SourceBMI Healthcare
How can the use of open source software help you to save money and improve efficiency in m-payment app development? Our whitepaper highlights the measurable benefits and assists you on how to manage legal, security, IP and quality risks effectively.
The Best GOS Product for Your Business in 2024Grace Stone
In the realm of business optimization, selecting the Best GOS Product for Your Business is a critical decision that can propel your organization towards unprecedented growth and success. Today, we delve into the world of Growth Opportunity Solutions (GOS) to explore how top contenders like SentryPC and DeskTime can revolutionize your business operations. Join us on a journey to discover the perfect GOS solution tailored to meet your unique needs and drive your business to new heights.
Even though Healthcare applications are a primary target for cyber-attacks, a new study from IDG Research reveals that sixty percent of internally developed applications are not assessed for critical security vulnerabilities such as SQL Injection and Cross-Site Scripting. IT leaders expect the number of healthcare applications to increase as organizations increasingly rely on software innovation. How will healthcare application security teams close this gap?
Week 7 - Choices in Systems Acquisition and Risks, Security,.docxhelzerpatrina
Week 7 - Choices in Systems Acquisition and Risks, Security, and Disaster Recovery
Sousa, K., & Oz, E. (2015). Management Information Systems, 7th Edition. Cengage Learning.
ISBN-13: 978-1285186139
Read:
· Chapter 13
· Chapter 14
Week 7 Lecture 1 - Choices in Systems Acquisition and Risks, Security
Management of Information Systems
Choices in Systems Acquisition and Risks, Security
Systems Acquisition
Options to consider when acquiring a new system are, development in-house, outsourcing, licensing, software as a service (SaaS), and having users develop the system. There are trade-offs to consider for each option. In-house development has several advantages to consider such as a good fit to organizational need and culture, dedicated maintenance, since the developers are accessible within the company, seamless interface, when the system is custom-made for an organization special requirements can be implemented to ensure that it has proper interfaces with other systems, and specialized security, special security measures can be integrated into an application. Additionally, there is a potential for strategic advantage. Some of the disadvantages of in-house development are, high cost, a long wait for development personnel, who might be busy with other projects and the application may be excessively organization specific to integrate with other systems.
Outsourcing
Advantages of outsourcing are improved financial planning sense outsourcing enables a client to know the exact costs of IT functions over the period of a contract. Another advantage is reduced license and maintenance fee discounts. Outsourcing gives businesses an opportunity to increase their attention to the core business by letting experts manage IT. Outsourcing also provides shorter implementation time as IT vendors can in most cases complete a new application in less time than in-house development. A reduction in personnel as another advantage as IS salaries and benefits are expensive. Outsourcing increases access to highly qualified knowledge. Clients can tap into the IT vendor’s knowledge and experience gained by working with many clients in different environments.
Some of the risks of outsourcing IT services are a loss of control, a loss of experienced employees, outsourcing involves transferring organizations employees to the highest vendor, the risk of losing competitive advantage outsourcing the development of strategic systems is the same as disclosing trade secrets. Another disadvantage is high price despite careful pre-contractual calculations companies find that outsourcing cost them significantly more than if they had spent their resources on in-house development.
Licensing
Benefits of licensing software are immediate system availability, low price (the license fee), available support, and high quality. Immediate availability shortens the time from when a decision is made to acquire the new system and when the new system begins to be productive. The product is high qual ...
Selling Your Organization on Application SecurityVeracode
You’ve studied the best practices, charted out your course and are ready to embark on your application security journey. But there is still one roadblock that could derail your entire program if you ignore it – getting buy-in from the rest of your company. You see, application security is unlike other forms of security in that it directly impacts the productivity of multiple teams outside the IT and security teams. Who are the groups you need to work with? At what point in the planning and execution stages should you engage with these teams? And why are they so concerned with your application security strategy? The answer to these questions can be found in this short, yet informative presentation. You'll learn about the teams you need to work with, and how to best communicate and work with them to ensure the success of your application security program.
Ce rapport produit par WhiteHat en mai 2013 offre une vision pertinente des menaces web et des paramètres à prendre en compte pour assurer sécurité et disponibilité.
10 things you need to know before buying manufacturing softwareMRPeasy
It is inevitable that for many companies experiencing growth, there comes a point when MRP software is needed. Here are 10 things you need to know before buying manufacturing software.
Similar to Does Application Security Pay? Measuring the Business Impact of Software Security Assurance Solutions (20)
- Craft a compelling RFP Executive Summary that includes quantified measures of business impact and KPIs.
- Prepare a Business Value Assessment (BVA) of their existing solution’s business value.
- Executive-ready presentation that is included as an appendix to the RFP.
- Providing existing RFP customers with a “cost to conduct an RFP” calculator.
- Estimate the full cost of going out to multiple RFPs.
Working with the Mainstay team, the Cisco IOT Manufacturing Marketing team combined research from manufacturing trade associations, management consulting research and an internal benchmarking project to create an Executive Briefing Presentation that would educate CxOs on the opportunities IOT can provide. This content was also repurposed to create a manufacturing IOT whitepaper to provide an asset to entice prospective customers to consider Cisco’s IOT offerings.
Kofax turned to Mainstay to help define the key value drivers and impact levels to help promote their Claims Automation Solution. Working closely with Kofax’s product team and working with key customer references, Mainstay was able to build a very compelling infographic that provides a simple, rapid way to digest a very complex solution.
Mainstay was introduced to Bluewolf through their relationship with Oracle and brought our team in to help capture the business value story at Kele. Working with the Bluewolf sales team and the Kele project sponsor, Mainstay was able to develop a quantitative view of the business value achieved. The story focused on the impact of developing a marketing automation solution to benefit Kele’s customers by providing greater customer support and a deeper partnership with their clients.
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
Elevating Tactical DDD Patterns Through Object CalisthenicsDorra BARTAGUIZ
After immersing yourself in the blue book and its red counterpart, attending DDD-focused conferences, and applying tactical patterns, you're left with a crucial question: How do I ensure my design is effective? Tactical patterns within Domain-Driven Design (DDD) serve as guiding principles for creating clear and manageable domain models. However, achieving success with these patterns requires additional guidance. Interestingly, we've observed that a set of constraints initially designed for training purposes remarkably aligns with effective pattern implementation, offering a more ‘mechanical’ approach. Let's explore together how Object Calisthenics can elevate the design of your tactical DDD patterns, offering concrete help for those venturing into DDD for the first time!
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
Securing your Kubernetes cluster_ a step-by-step guide to success !KatiaHIMEUR1
Today, after several years of existence, an extremely active community and an ultra-dynamic ecosystem, Kubernetes has established itself as the de facto standard in container orchestration. Thanks to a wide range of managed services, it has never been so easy to set up a ready-to-use Kubernetes cluster.
However, this ease of use means that the subject of security in Kubernetes is often left for later, or even neglected. This exposes companies to significant risks.
In this talk, I'll show you step-by-step how to secure your Kubernetes cluster for greater peace of mind and reliability.
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Jeffrey Haguewood
Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows.
We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on the notifications, alerts, and approval requests using Slack for Bonterra Impact Management. The solutions covered in this webinar can also be deployed for Microsoft Teams.
Interested in deploying notification automations for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Albert Hoitingh
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
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Does Application Security Pay? Measuring the Business Impact of Software Security Assurance Solutions
1. Does Application Security Pay? Measuring the Business Impact of Software Security Assurance Solutions
WHITE PAPER
WHITE PAPER
Does Application Security Pay?
Measuring the Business Impact of
Software Security Assurance Solutions
2013 Update
1
2. Does Application Security Pay? Measuring the Business Impact of Software Security Assurance Solutions
WHITE PAPER
Executive Summary
Cyber security has emerged as a
top priority for enterprises worldwide, but are automated software
security assurance (SSA) solutions
worth the investment? In this
updated study of enterprise
companies across multiple industries, SSA solutions from HP Fortify
were shown to generate millions of
dollars in cost savings, revenue
enhancement, and risk reduction.
What’s more, companies found
they could accelerate benefits
using Fortify on Demand, a
Security-as-a-Service solution
that helped them ramp up faster,
fix vulnerabilities sooner, and
generate savings in days.
We are witnessing a profound shift in how businesses and organizations manage
information security and protect against cyber attacks. Traditional perimeter defenses —
including firewalls, network IPS, APT solutions, and NGFWs — are no longer good enough.
While those solutions help protect network infrastructures, chief information security
officers (CISOs) know they also need to secure the software applications they write and
deploy. The shift has created a need for comprehensive software security products and
services — known as software security assurance (SSA) solutions — that help companies
uncover vulnerabilities in their application code, fix defects quickly and effectively, and
produce software that is impervious to attacks wherever they operate. In this way,
CISOs build in a layer of defense to protect what has become a primary attack vector
for cybercriminals: the software applications themselves.
In 2010, Mainstay investigated the business value of SSA solutions, studying 17
organizations that had deployed solutions from HP Fortify, a leading provider of SSA
solutions. Our study found substantial benefits from adopting application security
programs, with companies saving as much as $2.4 million per year from efficiency
and productivity improvements, including more effective vulnerability detection and
remediation, and streamlined compliance and penetration testing.
Mainstay revisited the SSA market in 2013, surveying more than a dozen companies
across a similar cross-section of industries. The new study combined insights from
executive interviews, industry research, and benchmark analysis to measure the range
of benefits that organizations are seeing from their SSA investments.
2013 Study Findings
In the new study, we discovered a market for SSA that is growing and maturing at a
rapid pace — and yielding greater benefits than three years ago. Key findings include:
Table of Contents
Executive Summary
2
Key Findings: Cost and
Productivity Savings
4
Key Findings: Strategic and
Growth Benefits
8
Key Findings: Risk Mitigation
10
Benefit Summary: Unlocking
the Potential of SSA
10
Conclusion 11
Appendix: Research Interviews
12
End Notes
12
2
• Continued Significant Cost Savings. Companies in the new survey reported
millions of dollars in cost savings and operational savings from adopting SSA
solutions, exceeding the average savings reported in 2010 for most organizations.
Specifically, SSA solutions enabled organizations to uncover vulnerabilities quicker,
fix defects 20 to 100 times faster, and massively lower the costs of compliance and
penetration testing. The result: Organizations saw their development effort shrink
by as much as 40%, while developer productivity nearly doubled on average. The
combination of test and remediation cost savings and development productivity
improvements are generating benefits estimated at $8M per year.
• Expanded Revenue Potential. More companies are now embedding software
security controls and best practices throughout the development lifecycle and
leveraging SSA to protect and maximize revenue streams. With SSA, organizations
virtually eliminated delays due to software security issues and significantly accelerated new product introductions. Our finding: Companies in some industries can capture
an estimated $8M in additional revenue and save $15M in development costs.
2
3. Does Application Security Pay? Measuring the Business Impact of Software Security Assurance Solutions
Executive Summary (continued)
• Faster Time to Value with On Demand Solutions. The 2013 survey found significantly more companies
adopting Security-as-a-Service (SaaS) testing solutions such as HP Fortify on Demand (FoD). Cloud-based
software security services appealed to companies that wanted to test their software quickly and affordably, avoid the burden of installing and managing SSA applications, and minimize the need for in-house
software security expertise. The solution’s test-anywhere flexibility also attracted companies with global
development operations and extensive outsourcing partnerships. Specifically, the study found that
companies using HP Fortify on Demand were able to ramp up software security programs faster and
then find and fix critical vulnerabilities earlier, leading to faster realization of benefits.
• Increasing SSA Innovation. Software security programs have become a significant market differentiator
for companies that compete in information-intensive industries or that provide software-enabled solutions
to customers. While in 2010 we found a few early innovators that were using SSA solutions to stand out
in their industries, 40% of organizations surveyed in 2013 saw SSA as a core strategy in advancing their
market competitiveness. Creative strategies included using SSA to gain leverage in business deals —
specifically by setting optimal asset prices based on security assessments — and to improve workproduct quality from partners by using SSA to continuously enforce security standards.
WHITE PAPER
The study found that
software security
programs delivered
more than $8M in
annual cost avoidance
and savings on average.
For some organizations
in information- and
software-intensive
industries, benefits
could reach as much
as $50M annually.
• Greater Overall Economic Value Potential. For companies that deploy SSA in comprehensive and
innovative ways, Mainstay calculated that software security programs can generate as much as $50M
in annual benefits, at least $13M more than the value potential of companies in 2010.
At a time when IT budgets are coming under closer scrutiny, CISOs are being called upon to justify SSA
investments from a cost-benefit perspective. For CISOs, the thrust of this study is clear: Software security
solutions are providing substantial operational and strategic benefits for companies across a range of
industries and generating cost savings and revenue-enhancing benefits that more than offset the cost of the
initial investment. And for companies that want faster payback, on-demand SSA solutions are an effective
way to get started with an application security program with minimal upfront costs.
Performance Metric
Improvement
Vulnerabilities per application
From 100s to 10s
Average time to fix a vulnerability
From 1 to 2 weeks to 1 to 2 hours
Percentage of repeat vulnerabilities
From 80% to 0%
Compliance and penetration testing effort
From ~$500k to ~$250k
Time-to-market delays due to vulnerabilities
From 4+ incidents (30 days each) per year to none
3
4. Does Application Security Pay? Measuring the Business Impact of Software Security Assurance Solutions
Key Findings:
COST AND PRODUCTIVITY SAVINGS
Companies adopting SSA solutions reported benefits
beyond just risk mitigation. In fact, for the average
company in the study, HP Fortify drove annual operational expense (OPEX) savings amounting to millions of
dollars per year.
Faster Scans
Without exception, companies said they preferred
automated software security solutions to manual
code-scanning procedures. Manual routines were not
only slower, but also narrower in focus and less thorough.
By speeding the scanning process — often by a factor of
20 to 30 — these companies could extend their security
checks to cover more lines of code and reach a broader
number of applications.
Of the solutions they evaluated, companies found that
HP Fortify offered the fastest scanning performance —
in minutes or hours versus days — largely because of
flexible capabilities such as partial scans that allowed
faster diagnosis of specific components of an application.
WHITE PAPER
Finding Critical Vulnerabilities Faster
Organizations typically uncovered thousands of exploitable vulnerabilities through initial code scans using SSA
solutions such as HP Fortify. The discovery spurred them
to repair these defects in short order and then introduce
SSA-supported programs to produce cleaner code in the
first place. The executives surveyed said HP Fortify
excelled at uncovering “critical and high” types of
vulnerabilities that put companies at greatest risk.
Fortify Provided Better Coverage of Critical and
High Vulnerabilities
Unknown
critical
and high
vulnerabilities
Critical
and high
vulnerabilities
uncovered
All
critical and high
vulnerabilities
eliminated
Critical and high
vulnerabilities
before Fortify
Critical and high
vulnerabilities
after Fortify
Vulnerabilities
after prolonged
usage of Fortify
Fortify Improved Scanning Speed
Findings
• SSA solutions uncovered 10 to 100 times more
vulnerabilities than were previously known.
20–30X
Before Fortify
60 minutes per
1,000 lines of code
• In contrast to other SSA solutions, HP Fortify
uncovered more verified “critical and high”
vulnerabilities.
Credit Card Company
Cuts Risk
Facing tough industry
regulations around
software security, a
leading credit card
company turned to
HP Fortify to rapidly
scan 100% of its
high-risk applications
for vulnerabilities.
The move came after
the company ran into
difficulties with an
alternative solution
that required complex
compiling and code
preparation. Fortify
offered faster scanning
of static code and
greater flexibility, and
the solution dovetailed
with the financial
company’s strong risk
management model.
Fortify is now expected
to help differentiate
the company in
the marketplace.
After Fortify
2–3 minutes per
1,000 lines of code
Findings
• Companies reduced the time required to scan
1,000 lines of code from 60 minutes using
manual methods to just 2–3 minutes using
HP Fortify.
• Advanced capabilities, such as partial scanning
in HP Fortify, enabled companies to accelerate
vulnerability testing by 2–10x compared to
alternative approaches.
4
5. Does Application Security Pay? Measuring the Business Impact of Software Security Assurance Solutions
WHITE PAPER
ON-DEMAND SOFTWARE SECURITY: A FLEXIBLE, AFFORDABLE OPTION
Most Vulnerabilities Addressed
• On-Premise: allows fine-tuning daily
• On-Demand: achieve steady state sooner
3
Steady State
Unknown
vulnerabilities
Setup Complete
HP Fortify on Demand appealed to companies that
wanted fast implementations and time to value,
with the study finding that companies uncovered the
most critical and high-risk vulnerabilities faster and
saw benefits earlier — within a week on average —
using on-demand solutions. As shown in the
adjacent figure, companies using on-demand solutions got over the “vulnerability hump” faster than
those with equivalent on-premise SSA solutions.
On Demand Accelerates Time to Value
Getting Over the ‘Vulnerability Hump’ Faster
On Demand
In our 2013 survey of the SSA adopters, more
companies were moving — or evaluating a
switch — to cloud-based Security-as-a-Service
(SaaS) solutions, specifically HP Fortify on Demand.
Using this automated on-demand service, organizations upload their application source code or
provide a URL for testing. HP Fortify on Demand
conducts static and/or dynamic tests, verifies the
results, and presents findings in a web-based report.
Critical/high
vulnerabilities
Known
vulnerabilities
1
Ramp-up Time
• On-Premise: 1–6 months 2
•
• On-Demand: 1–2 weeks
•
PreFortify
Critical/High
Ramp-up timeVulnerabilities Addressed
• On-Premise: 1–12+ months
• On-Demand: 2–8+ weeks
With
Fortify
Fortify Impact
Because users can upload code from anywhere, on-demand SSA was the preferred approach for organizations with geographically
spread-out development operations or for firms that outsourced code development to global partners. Greater flexibility in working with
third parties also made on-demand solutions ideal for evaluating digital assets during due-diligence and price-negotiation phases of a
business acquisition. However on-premise SSA solutions continued to make sense for organizations that wanted greater customizability
and control over their security programs. The figure below shows a comparison of the two approaches.
Comparing On Demand with On-Premise SSA Solutions
On Premise
Shared
30x faster
scanning
More regular deeper
security scans
Security scans
customized to diverse
applications
All critical and
high vulnerablities
eliminated
Compliance with IP/data
within four walls
Developer
productivity
improved
More secure
third-party/outsourced
development
Rapid implementation
and buy-in
Development effort
saved with scan
reports
Increased ROI from
trained software
security staff
On Demand
Staff headcount
avoidance
Analysis and guidance
from security experts
5
6. Does Application Security Pay? Measuring the Business Impact of Software Security Assurance Solutions
WHITE PAPER
Fix More Vulnerabilities with Less Effort
Streamlined Compliance and Penetration Testing
Companies in both 2010 and 2013 said SSA solutions
helped them to not only find verified vulnerabilities easier,
but also fix them faster. Slow remediation cycles were
common in pre-SSA environments — often lasting 2–3
weeks — largely because most defects weren’t uncovered
until late in the development process when remediation
can be time-consuming and expensive.1 When vulnerabilities made their way into production, the remediation
project increased exponentially in scope, requiring as
much as 10 to 100 times the effort to resolve. At this
point, developers were often removed from high-value
tasks to solve the problem, requiring overtime and
adversely impacting software quality.
A number of companies in the survey face strict
government and industry regulations for application
security, particularly organizations in the financial
services and healthcare industries.4 The extra development and auditing effort needed to comply with these
standards can be costly, as are the potential penalties
for non-compliance.
10x Faster Remediation of Verified Vulnerabilities
with Fortify on Demand
Fixing Effort with Fortify on Demand
In our study, executives said SSA solutions helped
control costs by streamlining regulatory compliance
projects, substantially reducing fees paid to outside
auditors and security consultants. By configuring the
SSA solution to address specific compliance mandates,
organizations quickly identified and ranked vulnerabilities according to severity. The solution generates a
report that documents these activities, creating an
audit trail for regulators.
Auditor Compliance Fee Savings
$20K
Fixing Effort without Fortify on Demand
Fee Savings
10X
• After adopting SSA solutions, remediation required
fewer resources — from 4-5 additional FTEs to
virtually zero — saving an estimated $44K
annually in remediation costs per application.
• For the average organization, these cost savings
are estimated conservatively at $3M per year.3
6
$15K
89%
reduction
$10K
$5K
Fixing
Findings Effort without Fortify on Demand
• By introducing automated SSA technology and
best practices, organizations reduced average
10%
remediation time from 1 to 2 weeks to 1 to 2
Fixing Effort with Fortify on Demand
hours.2
$17.5K
0
$2K
Legacy
Canadian Government
Agency Saves $100K
with On-Demand SSA
With its widely
distributed software
development organization, this agency
needed a convenient
and affordable way to
secure its sensitive
applications. Standardizing on HP Fortify on
Demand was the best
option in this situation,
helping the agency
eliminate software
vulnerabilities without
hurting developer
productivity. In fact,
the agency estimates
it’s saving more than
$100K per year using
HP Fortify on Demand
when compared to
manual forensic
methods.
SSA
Findings
• SSA reduced manual forensics effort needed
to comply with industry audits, saving $100K
per year.
• The average organization adopting SSA saw its
fees paid to compliance auditors fall by 89% —
or about $15K annually.
6
7. Does Application Security Pay? Measuring the Business Impact of Software Security Assurance Solutions
Similarly, after adopting SSA and instituting more
rigorous code scanning and remediation processes —
along with improved developer awareness and education — organizations found they consistently met quality
standards, and thus could plan and focus their penetration testing better and reduce the overall effort required.
WHITE PAPER
Finding
• The average organization achieved a 50%
reduction in penetration testing costs, translating
into annual savings of more than $250K.5
ACCELERATING ADOPTION
To gain support from senior leadership, about 90% of the executives said that proving SSA’s payback
potential was critical. Indeed, the most successful SSA programs employed a set of best practices that
helped organizations accelerate adoption and derive more value from their solutions. Combining people,
process, and technology, these practices include:
People: Drive awareness of SSA by securing support from key stakeholders.
“Fortify gave us a
48-fold increase
in our ability to
scan applications.”
– Global Consumer
Foods Giant
• Communicate the business value of software security to the board of directors.
• Set aggressive goals for applications and developer coverage in the first year.
• Invest in software security education and training.
Process: Drive vulnerability-prevention processes deeper into the development organization.
• Require code scans at strategic checkpoints in the development process — such as during nightly
builds — before releasing applications to production.
• Rapidly integrate software security resources with development teams.
• Include software security performance as part of developers’ job appraisals.
• Urge adoption of SSA practices by application development partners and track their compliance.
Technology: Integrate SSA into SDLC automation tools.
• Connect SSA tools to a bug-tracking database to improve time-to-fix.
• Integrate SSA solution with audit and compliance tools to accelerate compliance process and maintain
audit trails.
• Systematically prioritize vulnerabilities to focus remediation plans and streamline remediation and
penetration-testing activities.
7
8. Does Application Security Pay? Measuring the Business Impact of Software Security Assurance Solutions
Overall Development Productivity Savings
The benefits of SSA solutions increased over time,
companies noted, as developers learned from scanning
results and adopted more secure coding practices at
the start of new projects. As a result, the number of
repeat vulnerabilities and defects found in the software
declined, software tests were completed faster, and
overall development cycles were shortened.
Fee Savings
Penetration Testing Savings
Penetration Testing Costs
$600K
$536K
$400K
50% reduction
in penetration
testing effort
$268K
$200K
0
Legacy
SSA
Penetration testing was reduced by 50% or more—
improved awareness, education, quality of code and
automated testing reduced pen testing requirements
Findings
Source: Mainstay Partners
• The percentage of repeat vulnerabilities found in
software declined from about 80% to nearly zero.
• Because developers spent less time finding and
fixing code flaws, companies reduced their total
development effort per application by 10% to 40%.
• Developers used the extra time to enhance
existing code and tackle new software projects.
• These productivity improvements are translating
into savings of as much as $5M per year at
some companies.
KEY FINDINGS:
STRATEGIC AND GROWTH BENEFITS
Faster Time To Market
For companies that sell e-commerce and other commercial software, discovering security flaws late in the
development life cycle can delay new product introductions (NPI) by weeks or months, putting revenue and
market share at risk and adding millions of dollars in
development costs. One software company in the 2010
study reported 3 to 5 product delays a year as a result of
security defects that surfaced close to launch. In 2013,
one company reported missing a launch date due to
application security issues, cutting into product sales
as a result. Today, executives at this company say that
security-driven production delays have been virtually
eliminated, thanks to a more secure development
lifecycle.
Another company interviewed in 2013 missed a
stringent release date when it discovered application
vulnerabilities late in the development lifecycle, which
triggered penalties under a contract agreement.
By embedding SSA tools, training, and best practices in
their product development process, these companies
were able to minimize security-driven delays and speed
product launches. Fewer product delays also helped
control development costs at these companies, allowing
them to deploy more resources to code development
rather than remediation.
Findings
• Companies experienced fewer security-related
product delays; previously, security vulnerabilities
discovered late in the development cycle could
delay launches by 3–4 months in some cases.
WHITE PAPER
Global Information
Solutions Company
Secures Its Future
To implement
consistent software
security standards
across several
continents, this IT
solutions company
replaced its legacy
code-scanning tool
with HP Fortify on
Demand. Since the
switch, the company
increased scanning
speed and is finding
and fixing more issues
than ever before.
Today, the company
uses security checks
to evaluate and
approve partner deals
and safeguard the
company’s reputation.
“HP Fortify has brought
about a fundamental
change to remediation
actions, from securityoriented to basic
• Companies can capture an estimated $8.3M of
additional software revenue through a comprehensive SSA program to minimize product delays.6
coding design and
• Companies can realize development cost savings
of about $15M per year from SSA-driven
reductions in product delays.7
– Global Information
Solutions Company
structure.”
8
9. Does Application Security Pay? Measuring the Business Impact of Software Security Assurance Solutions
Greater Leverage in Business Transactions
A number of companies in the study are capturing
additional value by deploying SSA programs to gain
an edge during negotiations to buy digital assets or
sell their own software properties. One company, for
example, is using Fortify to perform software security
audits of acquisition targets that own valuable software
products. The audit results become part of deal
negotiations and can trigger price breaks if the
target’s core applications are found to have significant
vulnerabilities.
One company we interviewed in 2013 found that using
HP Fortify on Demand made it easier to complete
security assessments of targeted firms, helping it
save millions in due-diligence labor costs. Not every
company will take advantage of this kind of SSA
deployment, but for a business depending on M&A
activity to grow or innovate, the strategy can yield
substantial business returns.
Findings
Supporting Software Development in Distributed and
Consumerized Environments
The 2013 study found growing use of SSA solutions to
improve security for software development operations
that are outsourced or spread out geographically.
SaaS solutions such as HP Fortify on Deman d were seen
as a cost-effective alternative for testing the security of
software created
by teams in widely dispersed locations.
Companies in both studies leveraged solutions from HP
Fortify to support “pay for performance” programs that
enabled companies to adjust fees paid to outsourcing
partners based on the “cleanliness” of the code
delivered.
Findings
• One company used HP Fortify on Demand to reduce
its effort to scan and remediate outsourced
software code, saving the work of 5–10 FTEs plus
$100K in remediation costs and translating into
an estimated $1.3M in labor savings annually.
• For companies pursuing acquisitions, HP Fortify
provided an objective method for measuring the
security of digital assets, providing leverage
during price negotiations.
• Companies using SSA to screen outsourced code
and optimize pricing can capture fee savings of
about $100K annually while improving the overall
quality of code delivered by development partners.9
• In the case of a company completing two $100M
deals a year, using SSA to assess the software
assets of prospective acquisitions can yield
valuation benefits of as much as $10M.8
• With the consumerization of IT growing — and with
it the popularity of all kinds of consumer-style
apps — more companies are using HP Fortify
on Demand to easily scan and secure diverse
applications.
• Organizations reported that easily deployed HP
Fortify on Demand helped contain due-diligence
costs during asset acquisition deals. One company
estimated the value of their savings at $5M
per year.
• For companies divesting software assets, HP Fortify
helped create a secure, trusted brand image and
provided pricing advantages in large deals.
WHITE PAPER
North American Telecom Company Speeds
Product Launches
Although this telecom
had a well-defined
software security
strategy, it needed
a robust solution to
make it operational.
Enter HP Fortify, which
enabled the company
to scan code 30 times
faster and uncover
10 times more
vulnerabilities. Most
critical issues have
been eliminated and
early fixes are helping
the company save
millions of dollars
by avoiding product
launch delays.
“Fortify brought a new
paradigm to software
security and helped
us mature into a
secure IT enterprise.
Fortify literally helps
us protect the
company’s reputation
in the industry.”
– Leading U.S. Bank
9
10. Does Application Security Pay? Measuring the Business Impact of Software Security Assurance Solutions
KEY FINDINGS: RISK MITIGATION
Avoiding Costs and Damages From Data Breach
WHITE PAPER
BENEFIT SUMMARY: UNLOCKING THE POTENTIAL
OF SSA
Minimizing the risk of data breaches and security
failures is a top priority for CISOs. The damages caused
by intrusions can be wide ranging and costly, leading
to millions of dollars in legal and PR fees, remediation
expenses, lost revenue, and customer churn.10
Security executives interviewed in the current study
saw SSA solutions as one of the most effective tools
for controlling this risk.
Every company adopting SSA is different, and so are the
benefits they realize. As shown in the figure below, for
those organizations capable of exploiting every opportunity for value creation, the potential can reach nearly
$50M per year — an increase of $13M over our 2010
estimate. Still, the benefits accruing to a particular
company will vary according to its business profile,
including its size, industry, and business strategy.15
Findings
To estimate the benefits for an individual company, we
recommend upfront research to establish key benchmarks for that organization. These would include the
number of applications developed or tested per year,
current time-to-fix cycles, and current developer costs,
among other metrics. An accurate benefit estimate will
also include a time component. For example, while most
of the companies in the study captured benefits within
the first year of SSA deployment, many of the more
significant benefits weren’t realized until the second
• The average cost of a data breach is about
$5.4M, or $188 per compromised record.11
• Companies can save an estimated $540K per
year by adopting SSA solutions to avoid major
data breaches.12
Avoiding Non-Compliance Penalties
Companies in regulated industries can face significant
fines when security gaps are discovered in their systems
and software — and even more when organizations fail
to resolve these vulnerabilities in a timely manner. In the
payment card industry, for instance, penalties can range
from $5K to as much $25K per month. When you also
factor in lost sales, customer churn, and remediation
expenses, the full cost of PCI non-compliance can be
substantially more.13
Finding
• By ensuring compliance through systematic
software security testing, companies can avoid
approximately $100K in penalties annually.14
“Fortify has saved us
millions of dollars
by ensuring that
applications go to
market in time.”
– North American
Telecom Company
Total Annual Economic Value Potential for SSA16
Vulnerability Remediation
Cost Savings
Compliance and
Penetration Test Savings
Distributed Development
Savings (On Demand)
$3M
$0.3M
$1.3M
Development
Productivity Savings
Application Outsourcing
Pay for Performance
$5.0M
$0.1M
NPI Time-to-Market
Cost Savings
$15.0M
$8.3M
NPI Revenue Impact
Breach Cost Avoidance
Compliance Penalty
Cost Avoidance
$0.5M
$0.1M
M&A Valuation Benefits
Software Asset Acquisition
Security Effort Savings
$10.0M
$5.0M
Total Impact
$49.0M
10
11. Does Application Security Pay? Measuring the Business Impact of Software Security Assurance Solutions
year, when companies had completed the organizational
and process changes necessary to integrate SSA into a
comprehensive software development life cycle (SDLC)
program.
solutions offer substantial efficiency and productivity
benefits that help companies control costs, speed
software development, and even boost revenue and
asset values.
CONCLUSION
Three years after our initial 2010 study, companies
adopting SSA solutions continue to report savings in
the millions of dollars from:
During a time of tightening IT budgets, security executives
are facing increasing pressure to justify investments —
even those as critical as software security — from a
business-value perspective. As this study shows, SSA
WHAT TO LOOK FOR IN A
SOFTWARE SECURITY SOLUTION
• More efficient and effective vulnerability assessment
and remediation.
• Streamlined regulatory compliance and penetration
testing efforts.
• Fewer security-related delays affecting the launch
of new products.
Mainstay’s review of 30 software security
providers found that not all vendors offer the same
functionality and services. When evaluating the
options, organizations should look for an SSA
value-maximizing solution that:
• More favorable pricing of outsourced code
development.
• Offers both extensive remediation functionality
and supporting services.
Companies in the 2013 study have evolved on several
fronts, however. We saw more consistent adoption of
software security best practices across companies,
allowing for better industry benchmarking. Significantly,
we saw broader interest in and greater adoption of
on-demand SSA solutions, which helped companies
extend protection to geographically dispersed development operations and enabled easier evaluations of
third-party digital assets.
• Provides support for cross-team collaboration —
bringing information security teams, developers, risk officers, and auditors together in a
coordinated effort.
• Seamlessly integrates with existing application
life-cycle management (ALM) and development
environments, shortening time to remediation.
• Provides in-depth guidance on how to correct
each security vulnerability, thus accelerating
remediation further.
• Offers robust governance capabilities,
including the ability to define and communicate security policies and rules across the
organization.
• Provides research on the latest threat trends
and techniques, ensuring that teams are
aware of all emerging threats.
• Provides static and dynamic testing
capabilities and expertise.
• Comprehensively addresses all types of
software — mobile, client, web — across
all enterprise technology stacks.
• Improved valuations of the software assets of
merger-and-acquisition targets.
By leveraging on-demand software security-as-aservice solutions, companies could further boost the
productivity of their development operations and secure
additional savings. As a result, the total economic impact
of SSA for companies in 2013 increased to just under
$50M, about $13M more than SSA’s estimated valuegenerating potential in 2010. The growing consumerization of applications is only expected to expand the
value and usefulness of cloud-based SSA models
in the years ahead.
WHITE PAPER
North American Telecom Company Speeds
Product Launches
Although this telecom
had a well-defined
software security
strategy, it needed
a robust solution to
make it operational.
Enter HP Fortify, which
enabled the company
to scan code 30 times
faster and uncover
10 times more
vulnerabilities. Most
critical issues have
been eliminated and
early fixes are helping
the company save
millions of dollars
by avoiding product
launch delays.
“Both on-premise
and on-demand
SSA solutions have
their advantages
and we need both.”
– Transportation and
Logistics Company
To understand the full potential of Software Security
Assurance solutions in your organization, go to
www.fortify.com/ssa-basics/overview/index.html.
For information on HP Fortify and other products and
services from HP Fortify, go to www.fortify.com.
11
12. Does Application Security Pay? Measuring the Business Impact of Software Security Assurance Solutions
WHITE PAPER
APPENDIX: RESEARCH INTERVIEWS
To more clearly understand the economics of software security, Mainstay conducted more than a dozen interviews with information security
leaders, including chief information security officers (CISOs) and information security managers and directors. Seventeen private- and publicsector organizations were studied in 2010, and an additional nine in 2013, spanning a cross-section of industries and geographic regions.
• Industries studied: financial services, high technology, transportation, services, healthcare, agriculture, and telecommunications
• Regions: North America, Europe, Asia Pacific
• Company size: $1–5B (30%), $5–25B (29%), >$25B (41%)
The interviews addressed various aspects of software security objectives, strategies, and implementation, along with the specific benefits of
Fortify solutions. Data gathered from these in-depth interviews formed the basis for the business value estimates presented in the study.
END notes
1
Late-cycle methods such as penetration testing, for example, requires significantly more time to track down defects in the source code.
2
The reduction in remediation time is due to several factors, including SSA capabilities and practices that (1) pinpoint the exact location of a flaw in the code lines,
(2) prioritize vulnerabilities to focus resources on the most critical flaws, and (3) provide guidance on how to correct each vulnerability.
3
Estimate based on a conservative 10 vulnerabilities per application, and 67 critical applications.
4
Mandates and standards commonly impacting application development projects include: the Payment Card Industry Data Security Standards (PCI DSS), the Federal
Information Security Management Act (FISMA), Sarbanes-Oxley Act (SOX), the Health Insurance Portability and Accountability Act (HIPPA), and North American Electric
Reliability Corporation (NERC) standards.
5
Assumes 50% reduction in penetration testing effort; legacy environment costs are based on an average of 8 penetration tests per year at $67K per test.
6
Estimate assumes a $20B company earning 1.25% of its profit per quarter from new product sales; 50% of product introductions are assumed to benefit from SSA
efficiencies, which help avoid an average of 4 critical vulnerabilities per product and 30 days of delays.
7
Estimate assumes a $20B company incurring new product development costs equal to 3% of revenue; 50% of new products, or $300M in expenses, are assumed to
be impacted by SSA efficiencies, which help avoid an average of 4 critical vulnerabilities per product and 30 days of delays; the resulting 5% productivity increase
saves $15M in development expenses.
8
Estimate assumes an average deal discount of 5% from SSA code analysis.
9
Assumes average fee discounts of 1% applied to annual outsourced development expenditures of $10M.
See “Top 10 Data Breaches and Blunders of 2009,” eSecurity Planet: http://www.esecurityplanet.com/views/article.php/3863556/Top-Ten-Data-Breaches-and-Blunders-of-2009 htm.
10
Ponemon Institute, 2013.
11
Assumes that the average company would experience a major data breach once every 10 years.
12
Assumes that an average penalty period would last 6 months. Research indicates that penalties make up only 30% of the full impact of non-compliance (“Industry View:
Calculating the True Cost of PCI Non-Compliance,” Ellen Lebenson, CSO Online).
13
Assumes a non-compliance period lasting 6 months. Average penalty periods range from 3 to 24 months.
14
For example, only companies that sell commercial software (or that provide software-enabled products or services) are likely to gain the revenue and cost benefits from
accelerating new product introductions. Similarly, only companies actively engaged in M&A activities can achieve the valuation benefits from SSA-enabled acquisitionvaluation initiatives. In addition, not all of the estimated benefits should be understood as “hard savings” that directly impact the profit and loss statement. For example,
benefits from avoiding costs — such as a breach remediation — may be considered “soft” because some organizations may never experience a breach event.
15
2010 findings included, for Sample Customer. Assumptions include: $20B customer, 10% new product revenue contribution; 50% first year margins; 2 month product
delay due to vulnerabilities; 500 critical/severe vulnerabilities; $3.8M cost per breach — 10% probability; $200M in M&A @ 5% valuation benefits.
16
2013: 500 more third-party developers covered (10 FTE effort savings); 1,000 more new apps @ 50K per app; 10% in security effort savings from acquisition of
software assets. Please see notes for more details on how 2013 savings were arrived at.
17
12