Summary: Integrating security best practices into the software development life cycle (SDLC) ensures software integrity, compliance, and business continuity. EscrowTech’s software escrow services enhance security by safeguarding critical code, ensuring compliance, and mitigating risks.
- Secure Storage & Protection: Encrypted, third-party escrow storage ensures software integrity and prevents unauthorized access.
- Ensure Business Continuity: Protects businesses from software vendor failures, security breaches, or lack of support.
- Enhance Regulatory Compliance: Supports audit-ready compliance for regulated industries.
- Support Secure Development: Provides verification services and release conditions to maintain security and accessibility.
- Strengthen Supply Chain Security: Reduces risk of software tampering, backdoors, and dependency vulnerabilities.
EscrowTech ensures enhanced security, compliance, and business continuity for mission-critical software.
It’s wise to integrate security best practices into every phase of the software development life cycle (SDLC).
A SDLC keeps security in mind from the planning stage onward, up to and including the ongoing maintenance phase. Developers who commit to a secure software development lifecycle produce the safest and most reputable software and source code. This is especially crucial for sensitive industries, which must meet more intensive regulatory compliance standards.
One way to ensure you follow best practices is to utilize software escrow services. Working with a third-party escrow agent seamlessly helps businesses integrate security into their processes. From scheduling audits to maintaining compliance, an escrow agent can take the guesswork out of securing mission-critical code.
In this guide, we’ll share the many ways that EscrowTech’s software escrow services support secure software development life cycle processes. Continue reading to learn how EscrowTech can help protect and bolster your business’s reputation.
The Key Aspects of a Secure SDLC
Below is a secure SDLC checklist. Following these best practices is key to ensuring a secure software development life cycle.
- Planning and Risk Assessment. Begin by defining security requirements, conduct threat modeling, and establish industry-driven policies.
- Design and Architecture. Implement secure design principles, such as encryption, authentication, and authorization. Ensure compliance with major security frameworks.
- Development and Secure Coding. Follow secure coding standards and use pertinent tools to detect vulnerabilities.
- Security Testing. Validate security measures against evolving threats
- Deployment and Configuration Management. Use secure deployment practices and implement automated monitoring.
- Ongoing Monitoring and Incident Response. Continuously monitor against threats, perform regular updates, and implement an incident response plan as necessary.
Software and source code escrow helps reduce compliance risks, security breaches, and software failures as part of this framework. Below, we’ll discuss where and how escrow services fit into SDLC.
How Software Escrow Supports a Secure Software Development Life Cycle
Technology escrow services offer a layer of protection and compliance that supports a secure SDLC. At the most basic level, placing assets in escrow ensures they remain accessible, secure, and verifiable at all times. We’ll explain exactly how below.
1. Secure Storage and Protection
A major challenge in a secure SDLC is ensuring software integrity. It can be challenging to protect proprietary code from unauthorized access.
One of the benefits of software escrow is access to encrypted, third-party escrow storage. By offering secure, two-site physical storage, you can ensure your mission-critical assets are backed up and accessible. You’ll gain access to independent verification of deposited source code for authenticity. Furthermore, EscrowTech’s automated access controls prevent unauthorized modifications.
2. Ensure Business Continuity
Businesses rely on your software solution for business continuity. They need ongoing access to their mission-critical data to maintain productivity and preserve client trust. That poses a major risk in the event that the software vendor goes out of business, ceases support, or experiences a security breach.
EscrowTech ensures that businesses have legally protected access to software in these situations. This allows them to continue their operations securely.
3. Enhance Regulatory Compliance
Organizations in regulated industries must comply with strict cybersecurity regulations. If you produce software used in a sensitive industry, such as finance, healthcare, or government, these organizations depend on your solution to keep their data safe.
EscrowTech’s software escrow services can help support regulatory compliance by providing an audit-ready escrow agreement. This can help support risk mitigation in software contracts while enabling secure third-party security assessments of deposited software.
4. Support Secure Software Development Processes
EscrowTech integrates seamlessly into secure SDLC processes by providing escrow agreements with verification services to validate software functionality.
Furthermore, all escrow agreements include designated release conditions that govern when assets can be released, and to whom. Thus, businesses gain access to the assets they need in pre-defined failure scenarios, mitigating risk.
Solutions are also flexible to best support a range of development processes. You aren’t limited to software escrow. There are also options for SaaS escrow and technology escrow to fit cloud-based, on-premises, and hybrid software environments.
5. Strengthen Supply Chain Security
A secure SDLC is incomplete without protecting the software supply chain from risks. You must seek to mitigate threats such as software tampering, backdoors, and dependency vulnerabilities. Most crucially, you must ensure you have access to critical code in the event of an incident.
With an escrow agreement, EscrowTech will secure code, licenses, and proprietary software under trusted third-party control. This considerably reduces the risk of supply chain attacks.
Benefits of a Secure Software Development Life Cycle
When organizations integrate EscrowTech’s services into their secure SDLC checklist, they gain the following benefits:
- Enhanced overall security
- Compliance assurance in sensitive industries
- Business continuity for licensees even in the event of vendor failure
- Reduced financial and legal risk exposure
- Greater trust and transparency for stakeholders
Ultimately, a source code escrow agreement may be key to ensuring long-term software integrity, security, and accessibility. That’s why EscrowTech has become an essential partner in a secure SDLC strategy for half of all Fortune 500 companies.
Are you interested in integrating software and source code escrow into your security framework? EscrowTech provides customizable solutions to help you achieve your goals.
Learn more about enhancing your security SDLC with source code or software escrow services.