The timing of CISA’s SBOM-a-rama today and tomorrow coincides with the fallout from the “vulnerability of the decade” gifting the industry with yet another example of why scaling and operationalizing the widespread use of SBOMs is so vital. Log4Shell is a 10/10 vulnerability in a hugely popular Java logging library – Log4j – used in virtually every online service. For two decades it was considered harmless, that is until last week when somebody found it wasn’t.
According to IBM’s Cost of a Data Breach Report 2021, the global average cost of a data breach is estimated to be $4.24 million. Cyberattacks cost organizations time and money, not only in the form of data loss but also through irreversible damage to their reputations, leading to the loss of customers. After security breaches, customer loyalty is almost impossible to regain.