April 13, 2024

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Collateral Recovery Repossession News And Directory

RDN Secures Veracode Verified Team Status

CARMEL, Ind. –
With the threat of security breaches haunting companies large and small, Recovery Database Network (RDN) is taking steps to ensure its systems connected with repossessions and recoveries are safe.

The division of KAR Auction Services announced it achieved the six components that go into Veracode Verified Team Status certification. Veracode Verified is a program that validates a company’s secure software development processes by testing for potential vulnerabilities and evaluating its software security.

The company explained this verification helps assure RDN customers across the repossession and disposition value chain of its commitment to securing their data.

“RDN is continuously making enhancements through data science and building on its digital suite of solutions,” RDN vice president Pradeep Mahdevu said in a news release. “Undergoing rigorous security testing, implementing strict development practices, and earning Veracode Verified certification ensures that our digital solutions meet a high standard of application security, reducing risk for our customers.”

Organizations like RDN that had their secure development practice validated, and their application accepted into the Team Tier, have demonstrated that the following security gates have been implemented into their software development practice:

• Assesses first-party code with static analysis

• Documents that the application does not allow Very High flaws in first-party code

• Provides developers with remediation guidance when new flaws are introduced

• Assesses open source components for security flaws

• Identifies a security champion within the development team to ensure secure coding practices are used across the development lifecycle.

• Provides training on secure coding best practices for the identified security champion.

“RDN is committed to delivering secure code to help organizations reduce the risk of a major security breach,” Veracode’s Asha May said. “Companies that invest in secure coding processes and follow our protocol for a mature application security program are able to deliver more confidence to customers who deploy their software.”

For more than 10 years, RDN highlighted that its software-as-a-service technology has helped finance companies with improved recovery performance and increased operational efficiency while providing full security and transparency.

Similarly, Clearplan’s digital platform provides recovery agents, drivers, forwarders and automotive lenders a centralized, mobile, cloud-based hub for repossession workflow and logistics management.

Together, Clearplan and RDN connect thousands of recovery agents and finance companies to a streamlined vehicle recovery process — with reduced redundancies and increased actionable data.


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