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Exploits in a lot of closed source software are from really stupid/simple things they’d get ridiculed for if the code were open.
In other words, I think being open creates “pressure” for code to be presentable and auditable. That, and there’s tons of opportunity and incentive for dysfunction with closed source stuff, like sitting on known exploits.
…That being said, it isn’t universal. Is a lone hero dev maintaining some open library going to be more effective at security coverage than a huge commercial team? Probably not.
Does the software for nuclear bomb security need to be public? Probably not.