The Information Security Forum has announced the release of Deploying Open Source Software: Challenges and Rewards, helping security professionals recognize the benefits and perceived challenges of using OSS and set up a program of protective measures to effectively manage OSS.

Extending the perimeter by instituting a corporate security intelligence program enables companies and organizations to stay well ahead of threats and often helps inform strategic and operational decision-making.

A new Synopsys report highlights trends and patterns in open source usage within commercial applications, and provides insights and recommendations to help organizations better manage open source risk from a security, license compliance, and operational perspective.

It can be expected that costs associated with cybercrime will rise in the near to medium term and have a material impact on the global economy – while putting individual citizens’ and corporations’ important data at risk by cyber criminals. Due to the convergence of an escalation in the number of security vulnerabilities, an increase in hacker capabilities and tools as well as new legislation being enacted in the European Union, the estimated costs due to cybercrime may be conservative.

With more than 16,500 known security vulnerabilities being catalogued, 2018 set a new record over last year’s previous record of 14,714.

With dozens of breaches and millions left violated, 2017 has witnessed a historic amount of hacking. This year has been stained with numerous hacking incidents, including WannaCry, Petya and Cloudbleed. Of these many cases, the Equifax data breach can be crowned the most significant hack of the year, having exposed the personal data of nearly 148 million people.