AuSuM Systems, Inc., has recently taken steps to further strengthen its premium audit and loss control software solutions through new partnerships with Synopsys, maker of Black Duck software composition analysis (or SCA), and HCL Software, maker of AppScan analysis tools for security and open source license management.
With the incorporation of Black Duck and HCL AppScan into its enterprise platform, AuSuM is better able to monitor and test the security of its applications in order to proactively and preemptively identify potential vulnerabilities. Such situations can then be remediated before being introduced into the source code.
“The security of our environment and applications has always been of the utmost importance to our operations,” said Monty Roach, President and CEO of AuSuM Systems.
“These new partnerships provide state-of-the-art security scanning tools at our developers’ fingertips,” he explained, “cutting security review times by 80%. Our customers are now provided with the added protection of knowing all code is thoroughly vetted by the leading security experts and software tools in the marketplace. This gives us a leg up on the other solutions available in the market.”
According to Gartner, integrating solutions like Synopsys and HCL into enterprise applications is necessary for companies like AuSuM to meet tighter development deadlines and more effectively test complex software solutions.
The company predicts that by 2025 70% of attacks against software containers will come from known vulnerabilities and misconfigurations that could have been potentially remediated.
Roach said the new capabilities that Synopsys and HCL provide will help reduce the time spent on testing and code review, allowing AuSuM to focus even more development efforts on enhancing its platform and creating new products.
The expanded capabilities by Synopsys and HCL will help AuSuM identify vulnerabilities in its platform and eliminate them before issues occur.
Synopsys® is a global company that works with customers to build security and quality into the DNA of their software code to help minimize risks. In 2020, the firm was named a Leader in the Gartner Magic Quadrant for Application Security Testing for the fourth consecutive year.
Customers will benefit from these changes through quicker technology reviews, more secure data, and even greater peace of mind.
The announcement of these new partnerships comes on the heels of AuSuM recently being awarded a clean SOC 2 Type 1 report for both its Premium Audit Manager™ (PAM™) and Survey and Risk Assessment™ (SaRA™) software platforms. AuSuM has previously received and maintains a clean SOC 2 Type 2 report for its physical data centers.
Service Organization Control (SOC) 2 is an auditing procedure designed to ensure that third-party service providers are securely managing data to protect the interests and privacy of its clients.
“With the growing number of data breaches customers see today, we want them to know AuSuM is taking every possible step to ensure that their information is secure and protected,” Roach said. “This will also allow new as well as existing customers to speed up annual technology reviews as we will be audited annually.”
AuSuM expects to be awarded a clean SOC 2 Type 2 report for its Premium Audit Manager™ (PAM™) and Survey and Risk Assessment™ (SaRA™) software platforms by January 2022.
“These practices are critical for today’s insurance environments,” he explained, “to continually deliver the performance that customers are demanding and foster even greater confidence in their operations, as well as the choice of their partners.
“For us, it’s another thing that we can do to improve our service and add to our customers’ peace of mind,” he said.