Financial debt and security debt share similarities in that they both accumulate over time if left unresolved. Security debt, specifically in IT management, refers to long-standing software flaws that expose businesses to risk. Factors contributing to security debt include lack of prioritization, age and size of applications, third-party code vulnerabilities, and the use of AI in coding. AI tools can help combat security debt by identifying and remediating vulnerabilities efficiently, enabling developers to address security risks proactively and manage the growing volume of flaws. In the future, prevention will be key in software security, with AI playing a crucial role in preventing vulnerabilities from entering the codebase.
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Senate passes GENIUS stablecoin bill in a win for the crypto industry
In a 68-30 vote, the Senate passed the GENIUS Act, establishing a federal regulatory framework for stablecoins, with bipartisan support including 18 Democrats. The bill's passage, despite earlier opposition, is seen as a win for the crypto industry, which has heavily influenced political action, although critics like Senator Elizabeth Warren raised concerns over regulatory adequacy. Need More Context? 🔎
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