Why Do Organizations Need Vulnerability Management?

By Enterprise Security Magazine | Thursday, October 17, 2019

Vulnerability ManagementVulnerability management stands out for its proactive work to discover and secure the impending weaknesses in the cybersecurity design of the organization before the attackers exploit them.

FREMONT, CA: The new buzz about vulnerability management has now reasonably reached the marketplace. It helps businesses establish the significance of vulnerability management within their organizations.

Various statistics officers describe vulnerability management as the method of remaining on top of vulnerabilities, which can help in fixing them more frequently and effectively. Also, other bodies define it as a wide-ranging approach to the development of a system built to recognize, observe, and address the flaws in potential attacking vectors of the hardware or software. 

Since there are no standardized methods of structuring a vulnerability management program, the process might vary from one company to another, depending on the resources available and potential risks.

Network vulnerabilities show security gaps that can be misused by the attackers to break the network assets, generate a denial of service, and tamper with sensitive information. Attackers continuously look for new vulnerabilities to take advantage of them, and also make efforts to exploit the unpatched ones.

To have a vulnerability management structure in an organization can help them in keeping regular checks to find out new vulnerabilities so that the systems stay prevented from any cybersecurity breaches. In the absence of a vulnerability and patch management system, the traditional security gaps might leave behind certain risks exposed to the network for a long time. The inability of the old security systems serves as an opportunity for the attackers to exploit the vulnerabilities. Different surveys cited that almost 60 percent of the organizations suffer from the breach, due to an unrepaired weakness. 

Management has to build different programs internally or utilize a vulnerability management service from a managed security service provider (MSSP), to establish an IT vulnerability management framework in the organization.

While constructing a vulnerability management program within the organization, the management needs to keep several factors in their mind:

Managing Inventory:

To repair something that has not been discovered by the organization is not possible. Keeping track of the inventory of assets is vital for verifying that the management has addressed each vulnerability present within the network. In case of having an unknown asset on the system, it can lead to unpatched vulnerabilities from that specific asset.

Security Testing Solutions:

It is significant to have an all-inclusive suite of security testing tools that can help in spotting weaknesses and registering them for future fixes, to check for vulnerabilities. The external network asset check, including vendor networks, cloud-based applications, and external servers, is equally critical when it comes to a new vulnerability assessment.

Evaluating Risks:

While assigning different resources to patch management, it is essential to prioritize the vulnerabilities depending on what is easier to fix. It will help in solving the most significant impacts on the network security of the organization. In case, a vulnerability that can be fixed within a few minutes of work is ignored, it can cost more than a million if the attack leveraged it. By employing a proper vulnerability management process, organizations can give priority to the minor bugs that might have taken hours to fix. The method will still not affect the critical systems if subjugated.

Vulnerability management service is considered to be one of the fastest methods to use a vulnerability management system. The service provider might have a robust set of tools already with a skilled team to handle vulnerability and build-outs of a patch management plan. It can help them in creating a much better vulnerability management system to encounter the security gaps in the organization. Enterprises are now increasingly utilizing a vulnerability management service as it is convenient to manage and employ. Additionally, it also eliminates the requirement of including a dedicated internal staff to the payroll, which can help in reducing the cost of vulnerability management.

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