What are the main benefits of secure coding and development for information security?
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One of the main benefits of secure coding and development is that it can help you reduce the risks and costs associated with software vulnerabilities. According to a study by IBM, the average cost of a data breach in 2020 was $3.86 million, and the average time to identify and contain a breach was 280 days. By applying secure coding and development practices, you can prevent or detect vulnerabilities early in the software development life cycle (SDLC), before they become exploitable by attackers. This can save you time, money, and resources in fixing and recovering from security incidents, as well as avoiding legal, regulatory, and reputational damages.
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I have decades of experience with system development and the absolute value of security code review throughout the SDLC. It must be an fundamental requirement that in every phase during the SDLC, everything must be analysed using human and automated resources to evaluate if coding from your development team is secure. Additionally, If this practice is implemented correctly, the issues that the final application has significant security faults are minimal.
Another benefit of secure coding and development is that it can help you improve the quality and performance of your software applications. By following secure coding and development standards, such as OWASP Top 10, ISO/IEC 27034, and NIST SP 800-53, you can ensure that your code is consistent, readable, maintainable, and compliant with best practices. This can make your code easier to review, test, debug, and update, as well as reduce errors and bugs. Moreover, secure coding and development can also enhance the functionality and usability of your applications, by ensuring that they meet the security expectations and requirements of your users and stakeholders.
A third benefit of secure coding and development is that it can help you gain trust and reputation in the competitive and dynamic software market. By demonstrating that you care about the security of your software applications, you can build confidence and loyalty among your customers, partners, and regulators. You can also differentiate yourself from your competitors, who may not follow secure coding and development practices or standards. Furthermore, secure coding and development can also help you attract and retain talented and skilled developers, who value working in a secure and professional environment.
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Executive Order 14028 mandates secure coding practices, including Software Bill of Materials (SBOM) adoption, for federal agencies, critical infrastructure, and fed contractors. While not universally enforced, many industries now expect SBOMs as a trust-building measure, with some companies outright refusing to do business if you cannot produce an SBOM. This goes to show that SBOM's, as well as secure coding practices, are becoming more associated with industry trust and reputation.
A final benefit of secure coding and development is that it can help you learn and innovate in the field of information security. By applying secure coding and development techniques, such as threat modeling, code analysis, penetration testing, and encryption, you can enhance your knowledge and skills in security concepts and tools. You can also discover new ways to solve security problems and challenges, as well as create new features and functionalities that enhance the security of your software applications. Additionally, secure coding and development can also help you stay updated and informed about the latest security trends and developments, as well as participate in the security community and network with other professionals.
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The new challenge with coding and security - AI. It is great (present state) at producing code that works, but not great at producing secure code. If AI coding is going to get traction and trust in the market, we need to train it on models that include secure practices. Coming soon to a security questionnaire near you - lots of questions about how your org uses AI for coding. There need to be good answers, or we may not be a customer.
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