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Daily Dashboard | After Heartbleed, Tech Giants Fund Open-Sourced Projects Related reading: Teleperformance, RADAR take HPE-IAPP Innovation Awards at P.S.R.

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In the wake of the Heartbleed bug, some of the world’s biggest technology companies have pledged to fund a project to support open-sourced projects to help prevent other such pervasive security vulnerabilities, The Washington Post reports. Launched by the Linux Foundation, the Core Infrastructure Initiative will pull together companies including, Amazon, Cisco, Facebook, Fujitsu, Google, IBM, Intel, Microsoft, NetApp, Rackspace, Qualcomm and VMWare. Each company has agreed to pledge $100,000 per year over the next three years to fund the initiative. Representatives from each business will decide which projects to support, such as funding developers in security audits, or computer infrastructure testing. In a statement, the foundation wrote, “Open source historically has produced high quality and highly secure software … But as all software has grown in complexity—with interoperability between highly complex systems now the standard—the needs for developer support has grown.” (Registration may be required to access this story.)
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