1 min read

Heartbleed Rallies Tech Giants to Support Open Source Programs

Alexandra GHEORGHE

April 28, 2014

Heartbleed Rallies Tech Giants to Support Open Source Programs

Heartbleed Rallies Tech Giants Unite to Support Open Source ProgramsA dozen of the world`s leading tech companies have joined forces to improve open source programs such as Open SSL after the notorious Heartbleed vulnerability, according to Business Spectator.

Amazon, Cisco Systems, Facebook, Google, IBM, Intel and Microsoft are among the founding companies of the Core Infrastructure Initiative, a multi-million dollar project to invest in open source software vital for core computing functions.

Each company will donate $300,000 “to support development of OpenSSL as well as other pieces of open source software that make up critical parts of the world’s technology infrastructure, but whose programmers do not necessarily have adequate funding to support their work,” said Jim Zemlin, Executive Director of the Linux Foundation, the organizer of the project.

The tech industry was motivated to invest after the developers maintaining the Open SSL library said they`ve received only $2,000 yearly to maintain the code. Since Open SSL secures two thirds of the world`s websites, the Heartbleed encryption bug cost businesses millions of dollars and hours of productivity, as they were required to update to safer Open SSL versions.

Support will include funding for developers to work full time on the open source project, security audits, and computing and test infrastructure or travel expenses.

tags


Author



Right now

Top posts

Watch Out for These Ongoing Bank of America Phishing Campaigns Targeting Customers in the US

Watch Out for These Ongoing Bank of America Phishing Campaigns Targeting Customers in the US

July 16, 2021

3 min read
How to protect yourself against cyberstalking

How to protect yourself against cyberstalking

July 06, 2021

2 min read
The Top Five Security Risks Smartphone Users Face Today

The Top Five Security Risks Smartphone Users Face Today

July 02, 2021

4 min read
Phishing Alert: Scammers Use Fake SharePoint and DocuSign Messages to Steal Users’ Login Credentials

Phishing Alert: Scammers Use Fake SharePoint and DocuSign Messages to Steal Users’ Login Credentials

July 02, 2021

3 min read
Your Doxxing Dossier Will Keep Growing Thicker Until You See the Danger

Your Doxxing Dossier Will Keep Growing Thicker Until You See the Danger

June 30, 2021

2 min read
Mobile security threats: reality or myth?

Mobile security threats: reality or myth?

June 13, 2021

3 min read

FOLLOW US ON

SOCIAL MEDIA


You might also like

Fraud Family cybercrime ring under the spotlight as arrests made in the Netherlands Fraud Family cybercrime ring under the spotlight as arrests made in the Netherlands
Graham CLULEY

July 23, 2021

3 min read
Homoglyph domains used in BEC scams shut down by Microsoft Homoglyph domains used in BEC scams shut down by Microsoft
Graham CLULEY

July 22, 2021

3 min read
China Sets Up New Worrying Vulnerability Disclosure Rules China Sets Up New Worrying Vulnerability Disclosure Rules
Silviu STAHIE

July 20, 2021

1 min read