July 2020 Final | Page 42

www.AmericanSecurityToday.com July 2020 - Edition 46 • Third-party evaluators can provide the technical expertise that investors may lack. • These providers can also help prevent fraudulent evaluation results since they are invested in their own contract, not the results of the due diligence process. • The technical expertise these evaluators can provide is especially valuable now when codebases are one of the few fully auditable aspects. • These audits can ensure that at minimum a product is feasible and reliable. • Audits can also provide insight into any technical debts or dependencies a product may have. • Although code audits can’t replace process or team evaluations, these audits can shine some light on the standardization of processes. • The consistency of code quality and the methods implemented 42