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Major Banks Back OSERA Open Source Security Initiative

Original: Major Banks Back OSERA to Deliver Industry Wide Remediation Standards and Fixes to Secure Open Source Software

A group of major banks is backing OSERA, a new initiative under the Linux Foundation, to create industry-wide remediation standards and fixes for securing open source software. The effort aims to coordinate how financial institutions and other sectors identify and patch vulnerabilities in widely used open source components. The announcement was carried by PR Newswire and Morningstar.

Why now: Concerns about open source vulnerabilities, amplified by incidents like Log4Shell, are driving the financial industry to fund coordinated security standards.

OSERALinux Foundationmajor banks

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Evidence

• Major Banks Back OSERA to Deliver Industry Wide Remediation Standards and Fixes to Secure Open Source Software · Linux Foundation
• Major Banks Back OSERA to Deliver Industry Wide Remediation Standards and Fixes to Secure Open Source Software · PR Newswire
• Major Banks Back OSERA to Deliver Industry Wide Remediation Standards and Fixes to Secure Open Source Software · Morningstar

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