Thoughts on the inherent security of open source software, inspired by a panel on O-RAN.

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Is O-RAN a faith-based security product? Or is there a way to naturally introduce rigorous quality control into contemporary software development technologies?
A panelist asserted at today's Mobile World Congress session on O-RAN that the code was secure because so many people look at it. The evidenced from the dozens of TCP/IP high-severity vulnerabilities in five or six popular protocol stack implementations, dating back ten or fifteen years, suggests otherwise.