GitLab's research indicates that over two-thirds of global CxOs are accelerating software delivery, doubling their speed from last year despite rising complexities. Supply chain security is a top priority, yet addressing application development security remains challenging due to competing demands. AI's advancements make security threats more exploitable, raising crucial questions about software composition and deployment security. Clear insights into threats and vulnerabilities are crucial, with software liability under increased scrutiny. A software bill of materials (SBOM) is essential for identifying and mitigating risks, forming a key part of a strong DevSecOps strategy. This whitepaper will explore these insights in detail, providing guidance on enhancing your cybersecurity posture.