✉news TechnologySoftware first seen 8 h ago, last 35 min ago, peak #6
Six global banks pool funds to patch open source software via OSERA
Original: What is OSERA, and why are six global banks pooling the cost of patching open source software?
Six major global banks have launched OSERA, an initiative in which they jointly fund the maintenance and patching of open source software they all rely on. The idea is to share the cost of fixing vulnerabilities in widely used components rather than each bank paying separately, improving security across the financial sector.
Why now: Banks are increasingly aware of security and maintenance risks in critical open source dependencies and see shared funding as a practical fix.
OSERAglobal banksopen source software
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Evidence
- What is OSERA, and why are six global banks pooling the cost of patching open source software? · Diginomica
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