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Achieving 75% Risk Reduction: A Strategic 3-Year Software Plan

Original Post: What a 3-Year Plan to Cut Software Risks by 75% Looks Like

Organizations are increasingly vulnerable to software security threats that can jeopardize their data and operations. To tackle these risks, adopting modern application risk reduction strategies is essential. A study by Forrester Consulting, commissioned by Veracode, details a 3-year plan to reduce software risks by 75%. This involves phased onboarding of developers onto a risk management platform, increasing security scanning of applications, and integrating security measures throughout the software development lifecycle. The plan emphasizes automated workflows for better security protocol enforcement and the use of AI for vulnerability fixes. Benefits include a reduced likelihood of data breaches, cost savings, increased developer productivity, and enhanced revenue. The strategy facilitates substantial risk reduction, lower breach insurance costs, less technical debt, and fosters a secure and innovative environment. The article encourages experiencing Veracode’s solutions through a demo to witness the strategy’s impact.

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