Lev spends his time investigating and communicating ways that software analysis and measurement can improve the lives of apps dev professionals. He is always ready to listen to customer feedback and to hear from IT practitioners about their software development and management challenges. Lev helps set market & product strategy for CAST and occasionally writes about his perspective on business technology in this blog and other media.
Panel Discussion at the 2016 Software Risk Summit Software risk has historically been overlooked as a security concern by business leaders, and companies have paid a high price as a result. Remember the JPMorgan hack of 2014? That cost the bank more than $6 billion. RBS has paid £231 million for their IT failures as of two years ago. The Target breach? The retailer posted a write down of $152 million. Or, more recently, Jeep controls being taken over by hackers, and a similar incident with Toyota-Lexus having to fix a software bug that disabled cars’ GPS and climate control systems? That costs the manufacturers valuable consumer confidence points and can seriously damage sales.
So I was thrilled to know that the topic for the first annual Software Risk Summit in New York was indeed just that, software risk. I had the pleasure of moderating the panel discussion with esteemed guests from BNY Mellon, the Software Engineering Institute at Carnegie Mellon, the Boston Consulting Group and CAST. But beforehand, I was able to sit-in on the keynote by Rana Foroohar.
High-capacity network bandwidth has become more widely available, and we have quickly tapped into every last inch of its capacity. More devices are built with wi-fi capabilities, the costs of mobile devices are going down and smartphones are in the hands of more people than ever before. In fact, Apple might have already exhausted the market and is seeing drastically lower sales forecasts for the iPhone.
We are moving into an era in which virtually any device will connect to the Internet. Phones, fitness trackers, dishwashers, televisions, espresso machines, home security systems, cars. The list goes on. Analyst firm Gartner estimates that over 20 billion connectable devices will exist worldwide by 2020. Welcome to IoT—the Internet of Things. A giant network of connectable things.
In April, Google experienced a fairly significant cloud outage, but it was hardly news at all. In fact, it was likely the most widespread outage to hit a major public cloud to-date. The lack of coverage is strange, considering the industry’s watchful eyes like Brian Krebs and others. The even more recent Salesforce service outage seems to have received more attention. But despite the fact that Google seems to have gotten away with a “pass” this time, the glitch brings renewed attention to the fact that tech players large and small are continuing to deal with software robustness issues.
Google Compute Engine was down for a full 18 minutes around the 7 o’clock hour Pacific Time on April 11, disconnecting all users in all regions. This was a Google cloud outage, and the root cause was a network failure. Network outages appear to be an ongoing challenge for Google, this one being the biggest yet.
Recently, CAST co-authored a paper with The Boston Consulting Group titled, Will Your Software Help or Hinder Digital Transformation? Navigating the digital transformation journey is a challenge, often wrought with roadblocks and IT complexities related to technical debt, disparate application development techniques and more. So how can CIOs help their company achieve digitization goals?
On March 15, CISQ hosted the Cyber Resilience Summit in Washington, D.C., bringing together nearly 200 IT innovators, standards experts, U.S. Federal Government leaders and attendees from private industry. The CISQ quality measures have been instrumental in guiding software development and IT organization leaders concerned with the overall security, IT risk management and performance of their technology. It was invigorating to be amongst like-minded professionals who see the value in standardizing performance measurement.
As we come together to help those affected by recent global tensions, we have made a charitable donation of $10,000 to Doctors Without Borders/Médecins Sans Frontières (MSF) on behalf of the CAST community. We believe that our citizenship transcends geography and political borders as we are united within one, universal community.
CAST is proud to support an organization that values people and upholds their right to medical care regardless of gender, race, creed, religion or political affiliation. In over 60 countries around the world, MSF saves lives by providing medical aid where it is needed most — in armed conflicts, epidemics, natural disasters and other crises.
We currently live in a futuristic world that past generations could only dream of. News, weather, updates from friends all over the world come pouring into our computers and smart devices and we don’t even think twice about the IT risk. Whether we’re at home with family, socializing with friends, or even working, technology is constantly surrounding us in one way or another.
Our reliance on technology is so heavy in fact, we often forget about the science behind it and how much goes into the IT risk management to support it. Beneath the surface of our most frequently used apps, social media accounts, games, and programs, highly complex software and code is constantly operating to maintain a satisfied user experience. Even non-tech businesses now realize they would not be able to function in today’s world without effective technological resources.