Business Wire

Centrico Spa (Gruppo Banca Sella) and Veracode Enter Deal to Help Secure the Application Development Life Cycle

Share

Centrico Spa, part of Gruppo Sella and a specialist in providing open banking systems for innovation-oriented financial institutions, has entered a collaboration with Veracode, a global leader in application security risk management. The deal will enhance the analysis, detection, and prioritization of flaws to expedite software fixes at every stage of Centrico’s application development life cycle.

Modern banking and finance are exposed to a stringent and evolving landscape, not least as a result of the Digital Operational Resilience Act (DORA) and an increase in frequent and sophisticated cyberattacks. According to data collected in Veracode’s State of Software Security Report, 72 percent of financial organizations contain vulnerabilities—the lowest percentage of all sectors analyzed and an improvement from the previous year. Even so, financial organizations would benefit from increased automation and secure coding techniques to help them prevent, detect, and respond to vulnerabilities faster than ever before.

Centrico's goal is to minimize risk at the application development level and avoid dangerous flaws that could significantly impact the entire supply chain. After a careful selection process, Veracode was chosen to strengthen the security of Centrico’s application development through the integration of testing and analysis tools that detect and eliminate vulnerabilities.

Veracode’s high level of reliability and accuracy in flaw analysis, its effective and rapid resolution capabilities, and its innovative vision highlighted the company’s ability to respond in the best possible way to the demands of the numerous companies operating in this sector. Centrico is composed of an international team of experts with deep knowledge of the financial industry, specializing in open-core banking and business process outsourcing services. Its solutions are based on cutting-edge technologies that are innovative for the industry. The core banking platform and solutions are customer-oriented, reduce time to market, are open to the integration of external services, and inspired by principles of eco-sustainability.

Veracode's software security platform continually detects flaws and vulnerabilities at every stage of the modern software development life cycle. Thanks to a powerful artificial intelligence engine trained on trillions of lines of code, it automatically generates suggested fixes for vulnerabilities found during scanning, thus preventing insecure code from spreading to other applications.

"For Veracode in Italy, this agreement is a testimony of great importance and a reason for satisfaction. We are very proud to support Centrico in the development of secure applications and to collaborate in the detection and resolution of any potential flaws," said Massimo Tripodi, Country Manager of Veracode Italy. "The financial services sector is a constant target of cyberattacks that exploit different vectors and channels, so it is essential that companies can operate with inherently secure applications, reducing risk within code."

About Veracode

Veracode is intelligent software security. The Veracode Software Security Platform continuously finds flaws and vulnerabilities at every stage of the modern software development life cycle. Using powerful AI trained on a carefully curated, trusted dataset from experience analyzing trillions of lines of code, Veracode customers fix flaws faster with high accuracy. Trusted by security teams, developers, and business leaders from thousands of the world’s leading organizations, Veracode is the pioneer, continuing to redefine what intelligent software security means.

Learn more at www.veracode.com, on the Veracode blog, and on LinkedIn and Twitter

About Centrico

Centrico, created in November 2019, is currently 83.98 percent owned by Banca Sella and 16.02 percent by Banca Sella Holding. In 2021, Centrico's total revenues amounted to €78.5 million (+12.06 percent compared to 2020), of which around 75 percent came from the Core Banking platform. It provides unique core and digital banking solutions and a wide range of Information Technology and Business Process Outsourcing services to both Sella Group companies and banks, FinTechs and other innovative financial operators. The aim is to contribute to the development of the Italian financial ecosystem by bringing the Group's expertise and technology, and open and unique solutions in the sector, to the market.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

For more information:

Katy Gwilliam
kgwilliam@veracode.com

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

IFF to Release First Quarter 2024 Results on May 6, 202416.4.2024 22:15:00 CEST | Press release

IFF (NYSE:IFF) today announced that it will release its first quarter 2024 earnings results following the market close on Monday, May 6, 2024. The management team will host a live webcast on Tuesday, May 7, 2024 at 9:00 a.m. ET to discuss results and outlook with the investor community. Investors may access the live webcast and accompanying slide presentation on the Company's website at ir.iff.com. For those unable to listen to the live webcast, a recorded version will be made available for replay. Welcome to IFF At IFF (NYSE: IFF), an industry leader in food, beverage, health, biosciences and scent, science and creativity meet to create essential solutions for a better world – from global icons to unexpected innovations and experiences. With the beauty of art and the precision of science, we are an international collective of thinkers who partners with customers to bring scents, tastes, experiences, ingredients and solutions for products the world craves. Together, we will do more goo

A new chapter for Medisca: Sanjay D. Goorachurn appointed as Chief Executive Officer16.4.2024 19:58:00 CEST | Press release

Medisca, a global company specializing in personalized pharmaceutical solutions, is pleased to announce the appointment of Sanjay D. Goorachurn as the company’s new CEO, as founders, Tony Dos Santos and Maria Zaccardo, transition into strategic advisory roles as Chair and Vice Chair, respectively. Coinciding with the company’s 35th anniversary, this decision marks a significant milestone in Medisca’s history. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240416663563/en/ Left to right: Tony Dos Santos, Founder | Maria Zaccardo, Co-founder | Sanjay D. Goorachurn, CEO (Photo: Business Wire) In 1989, Medisca opened its doors as a team of three with two products and a vision to bridge the gaps in patient care. Today, Medisca is a global leader in personalized medicine with more than 10 locations spanning 5 countries. Powered by a workforce of over 450 employees, Medisca offers a vast portfolio of more than 2,000 product solutio

Bona Releases 2023 Sustainability Report16.4.2024 18:00:00 CEST | Press release

Bona®, a global, sustainably-driven company that supplies products for installing, renovating, maintaining, and restoring premium floors, today released its Sustainability Report for 2023. This year, Bona has included a narrative summary of its sustainability progress following by its audited statutory sustainability report. This is another important step by Bona to move its sustainability efforts forward and align with the demands of the Corporate Sustainability Reporting Directive (CSRD). “We are currently in the midst of developing our sustainability work in line with our ambitions and stakeholder expectations. This year’s report reflects this ongoing journey and presents many examples of the progress we are making, among which are our advances in reducing fossil-based plastics in our packaging, the introduction of bio-based products, and the launch of our Sustainability Board,” said Magnus Andersson, Bona CEO. Most notably, Bona announced in its report the establishment of a Sustai

Unforgettable Experiences Await: Secure Your Spot at NPE202416.4.2024 16:42:00 CEST | Press release

Anticipation for the largest plastics trade show in the Americas is nearly over; registration for NPE2024: The Plastics Show closes in less than a month. Held in the Orange County Convention Center in Orlando, Florida, the show spans over 1.1 million net square feet of exhibit space. NPE2024 will be the most impactful trade show of the year for all plastics industry sectors in the U.S. and globally, with more than 55,000 professionals expected and over 2,100 exhibitors. Attendees will come from over 115 countries, representing the entire plastics ecosystem and nearly every part of the global industry. NPE2024 is back, and a completely reimagined experience. The show’s slogan “Made For You,” highlights its focus on personalization, offering various education, networking and innovation for professionals in the automotive, building and construction, consumer products, packaging and medical industries. NPE2024 is returning bigger and better than ever with the announcement of new features s

Lenovo Embraces the AI PC Era with New ThinkCentre Desktops Powered by AMD Ryzen PRO 8000 Series Desktop Processors16.4.2024 15:00:00 CEST | Press release

Lenovo™ has unveiled a selection of ThinkCentre™ desktops powered by AMD Ryzen™ PRO 8000 Series desktop processors with up to 16 TOPS (trillion operations per second) of integrated NPU capability dedicated to process AI workloads, including the performance focused ThinkCentre M75t Gen 5, the flexible ThinkCentre M75s Gen 5, and the compact ThinkCentre M75q Gen 5. Designed to meet the diverse needs of modern business, the ThinkCentre M75 Gen 5 family of desktops harnesses the AI capability of its component while optimizing its energy efficiency to deliver impressive results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240416990902/en/ Lenovo ThinkCentre M75s Gen 5 (Photo: Business Wire) “The AI PC era is already here and at Lenovo we are embracing it to unlock new possibilities,” said Sanjeev Menon, vice president and general manager, Worldwide Desktop Business in Intelligent Devices Group, Lenovo. “The need for businesses

HiddenA line styled icon from Orion Icon Library.Eye