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Industry News

Updated: July 8th, 2008 05:26 PM CDT

Eighty Percent of Security Software Industry - Including Four Largest Companies - Relies on Coverity to Secure Code

via PRNewswire

SAN FRANCISCO , June 13 /PRNewswire/ -- Coverity, Inc., makers of the world's most advanced source code analysis solution, today announced that industry leaders Symantec, McAfee, RSA Security, and PGP have all deployed Coverity Prevent to find and fix security defects in their security software products. Earlier this year, Coverity announced a contract with the US Department of Homeland Security Science and Technology Directorate to research ways to find and resolve security vulnerabilities in critical code at all levels of our nation's infrastructure using source code analysis.

Security software makers, including Symantec, McAfee, RSA Security, and PGP, with a combined $4 billion in annual revenue, are using Coverity's sourcecode analysis technology to ensure delivery of secure, high quality software on a tight development schedule. Other Coverity customers that focus onsecurity include: Check Point Software Technologies, Panda Software, and Trend Micro. Licensees of Coverity's technology represent more than 80 percent of the $5.5 billion dollar software security market (Source: AvondalePartners).

"Innovation is a key tenet at Symantec, and we continually apply this toour products for improved accuracy and effectiveness," said Alan Krassowski, software security architect for Symantec. "Coverity's source code analysis product plays an important role by offering a series of security checks that help us to ensure the quality of our software code."

"We've seen the average size and complexity of software balloon in recent years, and traditional testing is no longer sufficient to assure the integrityof such large code bases," said Graham Titterington , principal security analyst for Ovum Research. "Furthermore, fixing an exploitable security hole after a product has shipped is more expensive than ever for both a software maker andits customers. Software companies are turning to source code analysis for more secure code."

"In this day and age, it's no longer enough to respond to exposed security vulnerabilities with patches and updates after the fact," said Ben Chelf , CTOof Coverity. "The stakes are too high. Software developers are in search of new ways to identify security holes early in development, when they can befixed cheaply and quickly, and source code analysis is a critical asset inthose efforts."

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