Lessons from Equifax: Open Source Security & Data Privacy Compliance - ERP Spain.com - España y América Latina

The Equifax breach provided a unique look into “how” many breaches occur. In Equifax’s case, hackers exploited an unpatched Apache Struts component, resulting in the exposure of over 140 million consumer records. The exploit of this vulnerability highlights the need for visibility to open source in custom applications and just how ineffective traditional security solutions are when it comes to open source vulnerabilities.   Further, while class action lawsuits have already begun, Equifax faces other regulatory challenges as well. The US Federal Trade Commission started investigations into the company’s security policies and controls that will likely result in financial penalties. Since the exposed data included non-US citizens, foreign data protection and data privacy regulations also come into play.   Join Mike Pittenger and Patrick Carey as they discuss how organizations can more effectively manage open source, the strengths and weaknesses of testing methodologies in identifying vulnerable open source components, and how data privacy standards such as PCI, Section 5 of the FTC Act, and GDPR necessitate a change in how organizations address vulnerabilities in their code.