ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

ShiftLeft Releases its 2022 AppSec Progress Report 2022

Based on findings from millions of scans last year, ShiftLeft tracked significant AppSec progress with more frequent and faster scans and a 97% reduction in false positives.

ShiftLeft, an innovator in automated application security testing, released its second annual AppSec Progress Report documenting critical trends in application security and how organizations are shifting security left to deal with the ever-rising volume of attacks and disclosed vulnerabilities. The report covers year-over-year trends and general findings analyzed from millions of scans last year using the ShiftLeft CORE platform across applications running numerous programming languages in different technology architectures including cloud native, on-premise and hybrid configurations.

Key findings from the report include:

  • 97% reduction in open source software (OSS) vulnerabilities — By identifying and prioritizing OSS vulns that are actually attackable, AppSec teams and developers fix what matters, ship code faster and actually improve security with fewer, better fixes.
  • 37% YoY reduction in Mean-Time-to-Remediate (MTTR) — Laser focus on attackability and reduced false positives allows developers to make fixes faster and reduce MTTR. This improves security posture and reduces the likelihood of attacks by reducing the time that vulnerabilities are exposed. In fact, ShiftLeft found that development teams were fixing 76% of attackable vulnerabilities within two sprints (12 days).
  • 90 second median scan time — Rapid scans enable teams to scan more frequently, improving security coverage for fast iterating applications and enabling better coverage of very large applications that previously required hours or days to scan.
  • Significant increase in scan frequency —- Faster scans, automated insertion in CI pipelines, and greater scan coverage across more languages, also enabled AppSec teams to shift from scanning for vulnerabilities monthly or weekly to daily scans. The report tracked 68% increase year-over-year in daily scans.
  • Estimated vulnerable Log4J exposure at only 4% — Due to the pervasive and widespread nature of Log4J, many application security teams struggled to identify all instances of the logging library in their application stack. Obscured and nested instances (in JAR files, for example) caused particular problems. ShiftLeft analyzed scans for the Log4J vulnerability and mapped actual data flows through production applications by combining the results of Static Application Security Testing (SAST) analysis and Software Composition Analysis (SCA). The analysis found that only 4% of all Log4J instances were vulnerable. Teams that had this information saved months of wasted time hunting down and fixing Log4J instances that posed little or no risk.

The report highlights how shifting application security left to engage developers earlier in the software development lifecycle results in faster fixes and less wasted energy prioritizing and fixing vulnerabilities that pose little to no risk. The report also underscores the importance of a holistic technology approach that integrates both SAST and SCA to provide a clear picture of attackability and subsequent prioritization of security fixes to reduce focus to fixing what matters.

“Based on our findings, two out of three development teams are literally wasting time on the 97% of fixes that are not attackable and provide little security benefit,” said Manish Gupta, CEO at ShiftLeft. “On the other hand, teams that shift security left and focus on attackability ship more secure code, more frequently. This clearly improves the security of their applications while also improving developer productivity and product velocity.”

About ShiftLeft

ShiftLeft empowers developers and AppSec teams to dramatically reduce risk by quickly finding and fixing the vulnerabilities most likely to reach their applications and ignoring reported vulnerabilities that pose little risk. Industry-leading accuracy allows developers to focus on security fixes that matter and improve code velocity while enabling AppSec engineers to shift security left. A unified code security platform, ShiftLeft CORE scans for attack context across custom code, APIs, OSS, containers, internal microservices, and first-party business logic by combining results of the company’s and Intelligent Software Composition Analysis (SCA). Using its unique graph database that combines code attributes and analyzes actual attack paths based on real application architecture, ShiftLeft then provides detailed guidance on risk remediation within existing development workflows and tooling. Teams that use ShiftLeft ship more secure code, faster. Backed by SYN Ventures, Bain Capital Ventures, Blackstone, Mayfield, Thomvest Ventures, and SineWave Ventures, ShiftLeft is based in Santa Clara, California.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  247.38
+1.09 (0.44%)
AAPL  259.37
+0.33 (0.13%)
AMD  203.17
-1.51 (-0.74%)
BAC  55.85
-0.33 (-0.59%)
GOOG  329.14
+3.13 (0.96%)
META  653.06
+7.00 (1.08%)
MSFT  479.28
+1.17 (0.24%)
NVDA  184.86
-0.18 (-0.10%)
ORCL  198.52
+9.37 (4.95%)
TSLA  445.01
+9.21 (2.11%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.