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The Strategic Partnership Between OX Security and IBM Ventures: Exploring the Future of Cybersecurity

The Strategic Partnership Between OX Security and IBM Ventures: Exploring the Future of Cybersecuritywordpress,tagnames,strategicpartnership,OXSecurity,IBMVentures,cybersecurity,future

OX Security Receives Investment from IBM to Expand Software Supply Chain Security

August 15, 2023

TEL AVIV, ISRAEL

Introduction

OX Security, an Israeli startup established in 2021, has received an investment from IBM, the leading hybrid cloud and AI company and the parent company of Red Hat, the world’s leading provider of enterprise open source solutions. The investment aims to collaborate on expanding software supply chain security and create value for developers of cloud-native solutions.

Expanding Frontiers of Software Supply Chain Security

OX Security is building the first holistic software supply chain security solution, going beyond the CI/CD or SDLC and providing visibility, automation, and risk insights from Code-to-Cloud-to-Code. By combining best practices from risk management and cybersecurity, OX aims to make software supply chain security processes effortless for security teams to manage and easy for developers to adopt. Standardized to the Open Software Supply Chain Attack Reference (OSC&R) framework, OX also provides the continuity and cohesiveness that many security strategies often lack.

Significance of the Investment

The investment from IBM represents a testament to the value and relevance of OX’s holistic security solution for modern software supply chains. Neatsun Ziv, Co-founder and CEO of OX Security, expressed excitement about the collaboration with IBM and Red Hat, as it would help enterprise customers ensure the integrity of every software build, quickly remediate critical risks, and release secure products with confidence.

Importance of Software Supply Chain Security

Professor Yaron Wolfsthal, Head of IBM’s Security Center of Excellence in Israel, emphasized the critical nature of software supply chain security. With over 75% of applications consisting of open source code, organizations must determine the trustworthiness of code dependencies, tools, and infrastructure used in every project. OX’s holistic approach and thought leadership in standardizing software supply chain risks align with IBM’s commitment to improving the security of the open source ecosystem.

Advancing DevSecOps Practices

The collaboration between OX Security and IBM aims to advance the successful adoption of DevSecOps practices. By integrating security into the product development process, organizations can ensure continuous security and integrity from design to production. This partnership demonstrates IBM’s continued emphasis on software supply chain security as a key aspect of cloud-era application development.

Implications and Advice

The investment from IBM in OX Security signifies the growing recognition of the importance of software supply chain security. As organizations increasingly rely on open source code, the need to assess the trustworthiness of dependencies becomes paramount in mitigating cyber risks.

In this digital age, where cybersecurity threats are ever-evolving, it is crucial that organizations prioritize software supply chain security and incorporate it into their development practices. By adopting holistic solutions like OX Security’s, organizations can proactively identify and address vulnerabilities in their software supply chains.

Furthermore, the collaboration between OX Security and IBM serves as a reminder that partnerships and knowledge sharing are essential for addressing complex cybersecurity challenges. By pooling resources, expertise, and best practices, organizations can enhance their security postures and protect against emerging threats in the software supply chain.

In conclusion, the investment from IBM in OX Security highlights the growing need for robust software supply chain security solutions. Through collaboration and standardization, the industry can create a more secure open source ecosystem. Organizations are encouraged to prioritize software supply chain security, adopt holistic solutions, and leverage partnerships to mitigate cyber risks effectively.

Cybersecuritywordpress,tagnames,strategicpartnership,OXSecurity,IBMVentures,cybersecurity,future


The Strategic Partnership Between OX Security and IBM Ventures: Exploring the Future of Cybersecurity
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