Open debate on open source.(Tech Talk)
Security Management, February, 2005 by Piazza, Peter
What are the benefits of using free and open-source software (FOSS) rather than a proprietary software product? And what are the risks? These questions are examined by the Federal Deposit Insurance Corporation (FDIC) in a guidance letter to financial institutions.
The use of FOSS, such as the Linux operating system, "does not pose risks that are fundamentally different from the risks presented by the use of proprietary or self-developed software," according to the letter. However, it requires organizations to implement some "unique risk management practices."
A strategic risk that needs examination is compatibility and interoperability with other operating systems or applications. Proprietary products typically are certified with regard to these...
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