Contrast Security Works with Global Businesses to Strengthen Security Controls and Increase Transparency Amidst Heightened Cyber Risk Due to Russia Ukraine Conflict
Contrast dedicated to tracking data, identifying vulnerabilities, and generating documentation requirements to advance market’s state of readiness and resilience
March 25, 2022 — Los Altos, CA — Contrast Security (Contrast), the leader in code security that empowers developers to secure-as-they code, announced today its commitment to ally with and protect customers during the current state of heightened cybersecurity risks, as the Russia-Ukraine conflict continues. In addition to increased security controls, Contrast’s dedicated DefCon and incident response teams are actively monitoring and communicating identified security vulnerabilities in relation to potential nation-state attacks.
“We’ve been steadfast in our efforts to partner with our customers, including global banks, healthcare, manufacturing, and COVID-related health services, along with our customer communities to increase AppSec resilience for impending nation-state cyber risks,” said Alan Naumann, President, Chief Executive Officer and Chairman of the Board, Contrast Security. “It is vital that our customers know that Contrast Security is at the forefront of identifying vulnerabilities and is paving the way protecting enterprises and building overall security readiness.”
Contrast’s push for escalated AppSec efforts comes on the heels of United States President Joe Biden signing the Cyber Incident Reporting For Critical Infrastructure Act of 2022, requiring critical infrastructure entities and government agencies to report a cyber security incident within a defined period of time. This Act along with the new Software Bill of Materials (SBOM) framework requirement promotes the need for more transparency—for both the private and public sector—when it comes to detecting, addressing, and sharing information about security vulnerabilities and libraries with vulnerabilities.
“While we can’t predict a nation-state attack, we can take a proactive, risk-based approach to ready our application security tactics, techniques and procedures (TTPs). Oftentimes malicious actors take advantage of an already known vulnerability, so an organization’s ability to detect even the most mundane anomaly in their environment is critical,” said David Lindner, Chief Information Security Officer at Contrast Security. “As an application security community, DevSecOps teams must band together to not only utilize software composition analysis (SCA), but also generate accurate, consistent, and real-time SBOMs to discover and patch common vulnerabilities and exposures (CVEs), but they need to share knowledge of new attack vectors and indicators of compromise to increase industry transparency. All enterprises are just as at risk of cybersecurity threats as the 16 critical infrastructure sectors.”
Contrast is closely monitoring the Russia-Ukraine situation for indications of increased application-layer attacks and is actively working with customers to help them manage and monitor their data, make risk-based security decisions, and take actionable next steps to secure their software applications along the entire DevSecOps lifecycle. For more information, organizations can follow Contrast Security’s Incident Response Hub and subscribe to the Contrast blog to receive the latest application threat intelligence.
About Contrast Security:
Contrast Security secures the code that global business relies on. It is the industry's most modern and comprehensive Code Security Platform, removing security roadblock inefficiencies and empowering enterprise developers to write and release secure application code faster. Embedding code analysis and attack prevention directly into software with instrumentation, the Contrast platform automatically detects vulnerabilities while developers write code, eliminates false positives, and provides context-specific how-to-fix guidance for easy and fast vulnerability remediation. Doing so enables application and development teams to collaborate more effectively and to innovate faster while accelerating digital transformation initiatives. This is why a growing number of the world's largest private and public sector organizations rely on Contrast to secure their applications in development and extend protection to cloud and on-premise applications in production.
Media Contact:
Laura Asendio
Public Relations Manager
Contrast Security
pr@contrastsecurity.com
