The PHP Foundation conducted a significant security audit thanks to a funding of nearly 680K USD, which enabled them to sponsor 10 developers and cover various expenses. PHP, being a language that accounts for around 75% of the web, is now receiving better support in terms of updates and security management. Recent initiatives include extending security updates to all PHP versions for four years, introducing the PIE system for easier PHP extensions installation, and maintaining a strong focus on security enhancements within the community. The community's dedication has helped in consistently evolving PHP to meet modern demands.