As we near the end of the year, we wanted to take a moment to reflect on the past year and share some updates with you. Firstly, we want to express our gratitude for your feedback and discussions throughout the year. Despite the challenges faced by many businesses this year, we have been fortunate to have the support from our customers and are grateful for it. One of the major milestones for our company this year has been the growing interest and adoption of Bytesafe by enterprises.

Today Bytesafe announced that the Bytesafe Security Platform is now available globally in AWS Marketplace. Bytesafe allows enterprises to increase their software supply chain security posture with automated best practices - and a unified workflow for security and developer teams. Reduced risk and protected assets - without slowing down developers.

The software supply chain indicates the formal workflow of how your software moves through the coding stages done by the developers to the final packages for the end-users. When an attacker breaks in between the process and modifies the source code with malicious ones, it is known as an attack on the software supply chain. Software supply chain attacks are challenging to discover and mitigate if you do not have the proper verification and trail-tracking system, especially for large industries.

In recent years more open source vulnerabilities have been discovered than ever before. This is all part of the natural evolution; it’s what we expect to see as the amount of open source usage grows within organizations. But there’s something that we missed in this equation: while identifying vulnerabilities, organizations haven’t found a way to block unwanted dependencies, which made them vulnerable to attacks like never before.

Open source software adoption reaches higher levels every year. Recent figures show that over 70% of code used in codebases is open source. With a constant stream of new components comes increased requirements to manage the inherent risks associated with open source. Requirements that quickly turn into a necessity as supply chain attacks increased by 400% in 2021. The practice to identify and track open source components usually falls under the umbrella of Software Composition Analysis (SCA).

A critical remote code execution (RCE) vulnerability was identified March 30th, 2022 for the Spring Framework. Spring core, used by millions of systems to develop Java web applications quickly, is one of the Java world’s most popular open source Java frameworks. The RCE vulnerability, if successfully exploited could potentially allow an attacker to take control of a vulnerable system.

Thanks to President Biden’s Executive Order on Cybersecurity (14028) last May, Software Bills of Material (SBOMs) are now discussed by developers, security and deployment teams and even boards of businesses around the world. These “ingredients” lists for software are mandated for those selling to US Federal government and are quickly becoming an expected element of any software implementation. Rightly so.

As a supply chain security vendor, the growth is far from surprising for us at Bytesafe - with the supply chain being a noticeable security blind spot for many organizations. A massive 62% of organizations claim to have been impacted by supply chain attacks in 2021 alone. Incidents like log4j, ua-parser-js and colors.js/faker.js have once again shown that it’s vital to use services like the Bytesafe Dependency Firewall.