Relying on a single security scanning methodology creates dangerous blind spots. 

Many organizations focus exclusively on source code or binary analysis but rarely implement both together. This siloed approach leaves critical vulnerabilities undetected and increases exposure to supply chain risks. 

High-profile attacks like SolarWinds and the XZ backdoor have demonstrated how threat actors exploit gaps in traditional security approaches, underscoring the value of a dual-layered security approach. Before we discuss why combining source code and binary analysis is so important, let’s first examine the benefits and limitations of each analysis type. 

 

What Is Source Code Analysis?

Source code analysis examines uncompiled source code to identify potential security vulnerabilities, coding errors, and compliance issues before software is built and deployed. The results enable developers to detect and remediate vulnerabilities early in the software development lifecycle.

Benefits of Source Code Analysis:

  • Early Detection of Security Issues: Source code analysis identifies vulnerabilities during development earlier in the product development lifecycle, reducing the cost and effort of remediation.
  • Compliance Support: This analysis helps meet security standards like ISO 27001, NIST, and OWASP's secure coding guidelines.
  • Developer Education: Source code analysis provides immediate feedback to developers, helping them learn secure coding practices through practical application.

 

Limitations of Source Code Analysis:

  • Limited Visibility: Developers often don't have access to all source code, particularly in proprietary libraries, firmware, or integrated third-party software.
  • Incomplete Coverage: This analysis doesn't account for how code behaves once compiled and running in a production environment.
  • False Positives: Source code scanning can generate significant noise, requiring security teams to spend valuable time filtering out irrelevant findings.

 

So when would you use source code analysis, Larry? 

Excellent question! Source code analysis excels in scenarios where organizations have full access to their codebase, such as custom application development. It's also particularly valuable in compliance-critical applications that require thorough documentation of security measures and open source contributions where code quality and security are publicly scrutinized. If you’re under regulatory pressure to provide evidence of secure development practices, rigorous source code analysis is a must. Finally, source code analysis is essential for those organizations that have adopted Secure by Design practices, affording the opportunity to correct issues at the time of development.

 

What Is Binary Analysis?

Binary analysis examines compiled software, firmware, and executable binaries to detect hidden vulnerabilities, possible backdoors, secrets, and third-party software risks. Unlike source code analysis, this method does not require access to the original source code, making it valuable for analyzing open-source and third-party components.

Benefits of Binary Analysis:

  • Complete Visibility: Binary analysis examines the software as it actually exists in its compiled state, including all third-party, firmware, and open-source libraries.
  • Detection of Hidden Threats: It identifies malicious code, opportunities for embedded backdoors, and supply chain risks that might not be visible at the source code level.
  • Essential for IoT Security: Many IoT and embedded devices run on firmware that cannot be analyzed through source code scans alone.
  • Third-Party Component Analysis: Binary analysis is essential for analyzing proprietary software where source code isn't available.
  • Software Composition Analysis: Binary analysis identifies all components in a software package, helping create accurate Software Bills of Materials (SBOMs).

 

Limitations of Binary Analysis:

  • More Complex and Resource-Intensive: This analysis type requires specialized tools and expertise in reverse engineering and software composition analysis (SCA).
  • Later Detection: It’s typically performed later in the development lifecycle, increasing remediation costs.
  • Limited Context: Binary analysis doesn't provide direct access to developer intent or original code structure.

 

So when would you use binary analysis, Larry? 

Another excellent question! Binary analysis excels at evaluating third-party software before integration into critical systems or verifying firmware security for IoT and embedded devices. It's also the primary method for validating the security of commercial off-the-shelf software without source code access. 

This level of analysis is also essential for creating comprehensive SBOMs that include all deployed components and for detecting supply chain compromises that may have occurred during build processes.

 

So, Why is a Dual-Layered Analysis Approach Necessary?

As we’ve covered, neither binary nor source code analysis alone provides complete security coverage, particularly for IoT devices. With the increasing sophistication of software supply chain attacks, a dual-layered analysis approach is essential to cover any security gaps you may have.

 

Security Threats Caught by One but Missed by the Other:

Security Challenge

Caught by Source Code Analysis

Caught by Binary Analysis

Hidden backdoors inserted during build

No

Can identify suspicious code patterns

Vulnerable third-party libraries

No, limited to known components

Yes

Logic flaws in custom code

Excellent detection

Limited context for complex vulnerabilities

Malicious compiler behaviors

No

Can identify unexpected code insertion

Vulnerabilities in proprietary components

No

Yes

Developer errors and insecure patterns

Strong identification

Limited context for intent

Firmware security risks

No

Yes

Embedded malware 

No

Yes

Misconfigurations in source code

Yes

No

 

The best way to illustrate how source code and binary analysis work together is to look at some examples, but in short:

  • Source code analysis detects security flaws early in development, ensuring compliance with secure coding standards.
  • Binary analysis validates compiled software, uncovering hidden threats in third-party components and proprietary libraries.

And as promised, here are the aforementioned examples. 

 

Example 1: Open-Source Vulnerabilities in Software Dependencies

Consider the Log4j vulnerability (CVE-2021-44228) that affected millions of applications worldwide:

  • Source Code Analysis: Could identify explicitly declared dependencies on vulnerable Log4j versions in the organization's code.
  • Binary Analysis: Could detect vulnerable Log4j instances bundled inside third-party components or inadvertently included through transitive dependencies.
  • A Combined Approach: Provides complete visibility into all vulnerable instances, including those hidden within compiled components.

 

Example 2: Firmware Backdoors in IoT Devices

For organizations deploying IoT devices with proprietary firmware:

  • Source Code Analysis: Limited utility as source code for firmware is rarely available.
  • Binary Analysis: Can identify suspicious code patterns, backdoors, and vulnerabilities in the compiled firmware without requiring source access.
  • A Combined Approach: When source code is partially available, the combined approach provides both deep analysis of accessible components and security validation of proprietary elements.

 

Example 3: Supply Chain Compromise During Build Process

For organizations concerned about build system integrity, each analysis type serves a critical function:

  • Source Code Analysis: Validates that original source code is secure and follows best practices, ensuring no known vulnerabilities exist in the written code.
  • Binary Analysis: Confirms that the build process hasn't introduced malicious code or vulnerabilities, verifying the integrity of the pipeline.
  • A Combined Approach: Creates end-to-end verification from code authoring through deployment.

 

How Finite State Enhances Supply Chain Security with Dual Analysis

Finite State offers a comprehensive security platform that integrates both source code and binary analysis, providing organizations with actionable insights to secure their software supply chain and close security gaps.

Finite State’s Key Capabilities

  • Automated Source Code Scanning: Identifies vulnerabilities early in the software development lifecycle.
  • Deep Binary Analysis: Provides complete visibility into compiled software, uncovering third-party risks and firmware security issues.
  • SBOM Generation and Management: Enables organizations to maintain a Software Bill of Materials (SBOM) for improved transparency and compliance.
  • Vulnerability prioritization and developer guidance: Provides actionable insights based on actual exploitability in your environment.

Organizations that leverage Finite State’s security platform gain a competitive advantage by proactively securing their software components, open-source dependencies, and third-party software.

 

Conclusion

In today's complex software ecosystem, neither source code nor binary analysis alone provides sufficient protection against sophisticated supply chain threats. Each approach has inherent blind spots that can only be addressed by implementing both methodologies in a complementary fashion.

By adopting a dual-layered approach to software supply chain security, organizations gain comprehensive visibility into their software assets from development through deployment. This holistic perspective is essential for defending against modern threats like those seen in the SolarWinds and XZ backdoor incidents.

As software supply chains grow increasingly complex, the organizations that thrive will be those that implement robust security measures at every stage. Finite State's platform empowers security teams to do exactly that, providing the comprehensive visibility and actionable intelligence needed to secure today's software supply chains.

Take the next step: Learn how Finite State can help secure your supply chain today.