Most businesses today embed applications from third-party vendors because of convenience, flexibility, and cost savings. The problem with entrusting a third party is that you need to know that the code you rely on meets the same or better standards you demand for your own code as it relates to security, reliability and provenance.
I recently attended Mass TLC's 2014 Security Conference: Building Security into an Insecure World. One of the breakout sessions that really grabbed my attention was Securing Your Third Party Vendors. It discussed how your company and products may be secure; but what about those of third-party vendors and supply chain partners? The speakers for this session included Edna Conway, Chief Security Officer, Global Supply Chain at Cisco Systems; Joshua Brickman, Director, Security Evaluations, Oracle; Sally Long, Executive Director, The Open Group; and Adam Woodbury, Principal Engineer, MITRE. Thanks to all of the speakers for addressing this important topic.
Every software product today, relies on someone else's code at some level. At Iron Mountain, more than half of the escrow deposits we test today contain open source and all of them rely on third party code or tools. That makes everyone that is a software developer also a software user - and that creates risk which this group shared their experience with the audience.
According to a Forrester Research survey, four out of five developers use an open source development tool.
The panel talked about knowing where your third-party code comes from, whether its open source code or proprietary. They talked about application testing the code and ensuring that any known vulnerabilities are plugged and patched. In this day and age, there is lots of news almost daily about data breaches, just take a look at Home Depot & Target. It certainly makes sense, but what about the next level? You still need to think about the code itself and the need to be able to access it when something major happens. Ultimately, the product you sell has your logo and brand on it, your customers will hold you responsible to how it works or doesn't. So in today's world where every open source developer is also a licensee of software, reliant on third parties, shouldn't you be more prepared?
What if You Could:
Take the risk out of losing control when you embed third-party software?
Have leverage to ensure that your third-party vendor delivered on the promise of the software?
Have a mechanism to protect you even if your third-party developer closed its doors or stopped supporting your software?
Have peace of mind knowing that you're prepared for the unexpected?
Complement the use of your third-party vendor by utilizing the advantages of storing the entire code in an escrow account. Once you have it placed in the escrow account you can verify what is exactly in there and know for sure that if anything were to happen- you wouldn't suffer any repercussions.
Think of it this way You own a milk company, we'll call it Moo Moo, Inc., and you are 100% sure that the milk you are producing is clean, safe, and completely healthy. But then you place it in a third-party supplier's plastic milk jug to be shipped out to stores across the nation. You later find out that the jug has chemical toxins and they were released from the plastic into the milk and some of your consumers became really sick. Thousands of gallons of milk were recalled and you endured a cost, and blow to your reputation, factors that you were not prepared for. If you had outsourced, secured, and tested the plastic material first, then you would have been fine to continue normal business operations. However, by neither securing nor testing it, you ended up in a disruption to your business cycle since you had to wait for more plastic containers to be shipped to you and then verify that they were not chemically contaminated.
Although unfortunately we in the Technology Escrow business do not secure and verify your plastic milk bottles, we will help you manage your intellectual property and would be happy to have a discussion with you.
Thanks again to MassTLC for putting on such a thought-provoking conference!
Most recent headlines
11/12/2025
Dalet, a leading provider of cloud-native, end-to-end media workflow solutions, ...
28/11/2025
Nadia Fall attends the 2025 Sundance Film Festival premiere of Brides at the Egyptian Theatre on January 24, 2025, in Park City, Utah. (Photo by Donyale West/...
28/11/2025
It's easy to ignore those little red update available badges. But when it ...
28/11/2025
WASHINGTON Federal Communications Commission has released a tentative agenda for the December Open Commission Meeting scheduled for Thursday, December 18, 2025 ...
28/11/2025
The Professional Fighters League is looking to super-serve fans of mixed martial...
28/11/2025
Fubo has released in beta on select Roku devices a new feature that lets users display up to four simultaneous streams at once....
28/11/2025
The WNBA playoffs and Week 4 of the NFL regular season highlight the list of live sports events airing on television this weekend....
28/11/2025
The 32nd class of honorees to the B+C Hall of Fame took to the stage at New York's Ziegfeld Ballroom on September 26 for a gala induction event. Click below...
28/11/2025
We hold in our hands the very last Next Text for Next TV, the weekly back-and-fo...
28/11/2025
DirecTV said it made a deal with EchoStar to buy EchoStar's video businesses, including satellite-TV provider Dish TV and virtual MVPD Sling TV, for $1 plus...
28/11/2025
The Broadcasting+Cable Hall of Fame, the premier industry event paying tribute to the influencers, innovators and shining lights of broadcast, cable and streami...
28/11/2025
Friday 28 November 2025
Sky Sports x Slawn drop limited-edition football jersey...
28/11/2025
Rohde & Schwarz shows resilience in a challenging environment, revenue exceeds t...
28/11/2025
Unwrapped: The Toy Show Appeal - airing this Sunday on RT One and RT Player- s...
27/11/2025
LONDON Vizrt has added several AI-driven advanced features offering improved speed, intelligence and accuracy in the newest version of its media asset managemen...
27/11/2025
Prime Video has launched AI-powered video season recaps in a beta version for select English-language Prime Original series in the U.S., a move Amazon is callin...
27/11/2025
Back to All News
Netflix's Raat Akeli Hai: The Bansal Murders Marks a Grand...
27/11/2025
27 Nov 2025
GSMA brings M360 Eurasia 2026 to Samarkand in partnership with VEON...
27/11/2025
Tahar Rahim and Izuka Hoyle star in the gripping six-part Sky Original from Acad...
27/11/2025
Thursday 27 November 2025
Sky Arts Reveals the Nation's Greatest Basslines - and Queen Reign Supreme
The UK's most iconic basslines have been revealed...
27/11/2025
Back to All News
Stranger Things 5': Prepare for One Last Adventure With O...
27/11/2025
The media industry has a paradox at its core. It's an industry built on light, color and imagination, yet behind the scenes, it's powered by one of the ...
27/11/2025
Rating reflects rating progress across areas including policies, diversity & inclusion, health & safety and Net Zero leadership
Winchester, UK, 27 November 202...
27/11/2025
What are the industry standards for Retail Media? Kathryn explains that certification is based on the IAB Europe Retail Media Measurement Standards and the IAB ...
27/11/2025
World champion boxer and Irish sporting icon Katie Taylor will be in studio this...
27/11/2025
Roblox, one of the world's most popular online gaming platforms for primary ...
27/11/2025
Black Friday is leveling up. Get ready to score one of the biggest deals of the season - 50% off the first three months of a new GeForce NOW Ultimate membership...
26/11/2025
SVG Sit-Down: Prime Video EP Mike Muriano Previews Massive Black Friday Slate Fe...
26/11/2025
A cinematic snow sculpture at the 1995 Sundance Film Festival. Photo by Randall Michelson...
26/11/2025
Book podcasts are booming. On Spotify, you'll find everything from celebrity book clubs to deep dives with bestselling authors. And in markets where audiobo...
26/11/2025
Mumbai, November 24, 2025: In a first-of-its-kind initiative, JioStar, in collab...
26/11/2025
LONDON Factual content producer ITN Productions has launched a new low-latency IP gallery for news bulletins....
26/11/2025
MIAMI TelevisaUnivision said it struck a new multiyear distribution agreement with YouTube TV that includes distribution of TelevisaUnivision's U.S. network...
26/11/2025
OpenDrives, Inc., a leader in software-defined data storage and data services, today announced the launch of the Atlas Corporate Creative Solution. This new Atl...
26/11/2025
Disguise, the industry-leading company powering the world's biggest live performances, is partnering with pioneering LED wall manufacturer DVS to give atten...
26/11/2025
HighField AI, the pioneer in agentic and multimodal automation for broadcast and media production, today announced the expansion of its global channel partner n...
26/11/2025
As high-stakes Premier League fixtures approach and additional premium content launches, with MONO positioning themselves to dominate Thailand's sports stre...
26/11/2025
Hosting a wide variety of events from high-intensity NHL games to complex live music concerts and major entertainment productions, Montreal's 21,000 capacit...
26/11/2025
Vizrt, the leader in live production technology revolutionizing viewer engagement and experience, releases AI-driven advances focusing on speed, intelligence, a...
26/11/2025
ITN Productions, an award-winning factual content producer, today launched a new low-latency IP gallery for news bulletins. Responsible for delivering a leading...
26/11/2025
Ikegami reports ongoing advances throughout 2025 in developing and delivering coordinated television production solutions that maximize quality, versatility and...
26/11/2025
Following the Nov. 21 blackout of NBCUniversal channels on Fubo, the two sides have traded barbs about their inability to reach a new carriage deal....
26/11/2025
LONDON As TV sports rights become increasingly important for both broadcasters and streamers, Ampere Analysis predicts global investment in the genre will surpa...
26/11/2025
LOS ANGELES Vubiquity said it has achieved the Amazon Web Services (AWS) Media & Entertainment Competency as part of the AWS Partner Network (APN). This designa...
26/11/2025
WASHINGTON The Federal Communications Commission's Enforcement Bureau said it has entered into a consent decree with Comcast calling for the cable company t...
26/11/2025
Berklee Named to the Hollywood Reporters Top Music Schools List The publication highlights the college's screen scoring program, industry partnerships, and ...
26/11/2025
Back to All News
Animated Series Love Through a Prism' Casts New Light on ...
26/11/2025
Back to All News
NALIP Unveils Fifth Cohort of Director Incubator
Social Impact
26 November 2025
United States
Link copied to clipboard
The National Assoc...
26/11/2025
YouView Achieves Greenly Gold Certification for SustainabilityNov 26, 2025
YouView is proud to announce a Gold Certification award from Greenly for our perform...
Most businesses today embed applications from third-party vendors because of convenience, flexibility, and cost savings. The problem with entrusting a third party is that you need to know that the code you rely on meets the same or better standards you demand for your own code as it relates to security, reliability and provenance.
