Security News > 2020 > November > Financial services lead when it comes to fixing open source flaws

The financial services industry has the best flaw fix rate across six industries and leads a majority of industries in uncovering flaws within open source components, Veracode reveals.

Fixing open source flaws is critical because the attack surface of applications is much larger than developers expect when open source libraries are included indirectly.

The research found that financial services organizations have the smallest proportion of applications with flaws and the second-lowest prevalence of severe flaws behind the manufacturing sector.

Still, the research found that financial services firms require about six and a half months to resolve half of the flaws they find, indicating it is slower than other industries to remediate.

Are a leading industry when it comes to fixing flaws in their open source software and establishing strong scan cadences.

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