Total economic cost of insecure software: $180 billion a year in the U.S

Software security is an oft overlooked area. A new book sheds some light on the topic.

David Rice's book Geekonomics: The Real Cost of Insecure Software calls the software industry to account for its careless attitude toward security.

As reported on Rice blames the software industry for a litany of hidden costs, ranging from the infrastructure needed to fix hackable bugs in software to recent data breaches at the U.S. State Department and the Pentagon--even a Boeing 747 crash in 2005 that resulted from software glitches. All told, he places the total economic cost of security flaws in software at around $180 billion a year.

Companies like Oracle or Microsoft say their software is unbreakable or trustworthy. But those statements are vacuous and cheap to make, and there's no consequences for when they're wrong.

I didn't receive the book yet so I am not sure how much mention of open source it contains. But you certainly can't make the argument that the risk is hidden such as with proprietary products.

About the author

Dave Rosenberg has more than 15 years of technology and marketing experience that spans from Bell Labs to startup IPOs to open-source and cloud software companies. He is CEO and founder of Nodeable, co-founder of MuleSoft, and managing director for Hardy Way. He is an adviser to DataStax, IT Database, and Puppet Labs.


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