How Financial Services Companies Can Modernize Their Software Supply Chain

Security leaders in financial services companies often encounter challenges when trying to eliminate vulnerabilities in their software. The process typically involves discussions with engineering teams about the required upgrades and their associated costs, including regression testing. The conversation may also involve reviewing the change-freeze calendar, which can lead to exceptions and compensating controls being implemented instead of immediate action. This can result in vulnerabilities being given a temporary reprieve, with a scheduled date for future attention. The goal is to modernize the software supply chain, but it can be a complex and time-consuming process. Financial services companies must navigate these challenges to improve their security posture.