Much like “no man is an island”, we all know information technology is no island either. Hence, gaining visibility into the security of the software components we leverage is critical if we’re serious about reducing risk.

APIs, Code Libraries, OS libraries, and Standalone Software - for online businesses these are the equivalent of property, plant, and equipment that offline businesses used to rely on. Understanding which component plays what kind of part in one's business is critical for enterprises to manage their revenues.

Every financial institution, regulated by FDIC, FINRA, and other agencies, needs to have a clear understanding of the risk that all 3rd party software components pose in their own software stack. This is not a choice, it's a necessity. Those that tempt fate will get burnt.

Companies must be cognizant that their existing tools may not provide as much (if any) value in the cloud. Visibility is the key to determining whether old tools still provide value, and if not, what should be replaced.

Conventional industries, like the construction industry, have started adopting software products in the past decades. As the number of applications is rising, the need for automation, integrations, 3rd party libraries, and APIs is also becoming crucial.

The healthcare industry is in the midst of a mass migration to the cloud. Health systems have complex tech stacks made up of off-the-shelf and custom solutions, and with the stringent security and privacy regulations of the industry, it is of utmost importance that health systems have robust ways to manage their software supply chain vendors.

Being able to demonstrate - in real-time - all the time that your company is safe to do business with will be a need for all industries. The software supply chain is tremendously complex. Being able to visualize the components and track data across them is invaluable for any public company's security program.

Any advancement of technology that helps manage the risk of doing business is very welcome. With this approach, companies can identify the directionality of data flows, which helps understand risks associated with 3rd party vendors.

The banking industry is at an inflection point, all banks are actively building software services and API endpoints. Inventory, analysis, and security are the fundamental building blocks of any next-generation financial institution's software programs.

Every single technology company needs to have visibility, control and security for the software stack which brings it revenue. Riscosity is a simple, yet, effective and complete solution which enables product security to elevate their game to the next level.

The way we build software services has changed radically. Code re-use and short launch times are the norm. 3rd party code and APIs are a reality; every enterprise needs an effective mechanism to manage its software supply chain.

Enterprises that understand deeply the risks of doing business with their software suppliers, are the ones who can mitigate those best. The tsunami always seems far away till it hits you in the face.

All Technology leaders need to understand the risk and dependencies of 3rd party services. Knowing what your own software uses is the critical first step.

We are only as strong as our weakest link. Understanding and gaining insights into the underlying code libraries, APIs, integrations, and the associated vulnerabilities is critical for any CIO in a responsible customer-focused enterprise.