McKinsey September 19, 2022
Tucker Bailey, Justin Greis, Matt Watters, and Josh Welle

As software-related vulnerabilities continue to grow, companies must manage their software cyber risks to innovate faster and create safer, more secure digital products.

Until recently, most companies were unaware of the “ingredients” or code that make up the software that powers their products and enterprise software. This is an issue because third-party code usage is increasing, and the consumption of open-source software (OSS) will accelerate in the years to come.

Companies leverage OSS because it reduces costs and increases the pace of software development. By layering in code that someone else has already built, developers can decrease their time to market and accelerate the feature sets most desired by their business partners....

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