Cyber Risks · The Hacker News

How Financial Services Companies Can Modernize Their Software Supply Chain

Summary: The article states that vulnerability exploitation has overtaken phishing as the leading initial access vector for breaches in financial services, and that more than half of financial services vendors carry at least one high-severity CVE. It attributes the shift to frontier models such as Mythos that can read code, find dormant weaknesses, and chain them together faster than humans can investigate and patch, collapsing the gap between publicly known and practically exploitable vulnerabilities in the software supply chain.

Key Takeaway: Exceptions signed off 18 months ago rest on a threat model that no longer holds, and the deferred risk sits in base images, open source libraries pulled without provenance, and build tooling that has never been inventoried. A compromised package for a regulated institution means an operational event, a regulatory conversation, and a customer trust problem.

Read the original at The Hacker News ↗

Topics
Supply Chain & AppSec
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