Explore the evolution and impact of OWASP's standard classification system in this 27-minute talk by Jeff Williams. Delve into the challenges faced by the software industry, the importance of transparency in security, and the role of OWASP in promoting better practices. Learn about the concept of "rough consensus" and how it has shaped OWASP's approach to software security. Examine topics such as the Abstech problem, market for lemons, visibility levels, and the importance of trust in software development. Discover the potential of software security labels, DevSecOps, and the significance of open-source software in the context of public health and governance. Gain insights into OWASP's governing philosophy and its ongoing mission to improve software security across the industry.