Socket lands a fresh $40M to scan software for security flaws [Yahoo! Finance]
Synopsys, Inc. (SNPS)
Last synopsys, inc. earnings: 2/19 04:05 pm
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Source: Yahoo! Finance
Open source supply chain components are especially fraught, thanks to the logistical hurdles in keeping each component well-maintained. Security firm Synopsys found in its 2023 report that 89% of businesses' codebases contained open source tools over four years out of date. A 2024 report by the Ponemon Institute found that over half of organizations have experienced a software supply chain attack. These attacks could cost the economy almost $81 billion in lost revenue and damages by 2026, estimates Juniper Research. Socket , a startup that provides tools to detect security vulnerabilities in open source code, has raised $40 million to help address the problem. CEO Feross Aboukhadijeh founded Socket in 2020. A prolific open-source maintainer and web security lecturer at Stanford, Aboukhadijeh says he came to believe that traditional security tools were insufficient to address the challenges of modern software development. "The extensive network of dependencies — numbering in the
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News
- Can CDNS Stock Sustain its Rally After Gaining 12% in a Month? [Yahoo! Finance]Yahoo! Finance
- Is Synopsys Stock a Buy, Sell or Hold at a P/E Multiple of 37.76X? [Yahoo! Finance]Yahoo! Finance
- Black Duck Recognized as a Leader in Software Composition Analysis by Independent Research Firm [Yahoo! Finance]Yahoo! Finance
- Synopsys (SNPS) Stock Sinks As Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Synopsys, Inc. (NASDAQ: SNPS) is now covered by analysts at Loop Capital. They set a "buy" rating and a $675.00 price target on the stock.MarketBeat
SNPS
Earnings
- 8/21/24 - Beat
SNPS
Sec Filings
- 10/1/24 - Form 8-K
- 9/17/24 - Form 4
- 9/4/24 - Form 4
- SNPS's page on the SEC website