LinuxElectrons: FDIC--Risk Management of Free and Open Source Software | Linux Today

LinuxElectrons: FDIC–Risk Management of Free and Open Source Software

Written By
Web Webster
Web Webster
Feb 28, 2005

“The Federal Deposit Insurance Corporation (FDIC) issued the
following guidance in October 2004 to raise awareness within the
financial services industry of risks and risk management practices
applicable to the use of free and open source software (FOSS). For
the purpose of this guidance, FOSS refers to software that users
are allowed to run, study, modify, and redistribute without paying
a licensing fee.

“Access to source code is a pre-requisite to the use of FOSS. A
few of the most well-known examples of FOSS are the Linux operating
system, Apache web server, and mySQL database. FOSS is also widely
used for network monitoring, diagnosis, and vulnerability testing
tools such as the Snort and Kismet network intrusion detection
systems, Nessus and Nmap security scanners, and Kismet wireless
network detector…”

Complete
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Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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