The Role of IT Compliance in Risk Management and it compliance strategy
Risk management is the process of identifying all possible risks to your business and building a plan to prevent or counteract them. This includes...
It’s no surprise that modern enterprises will experience cyber threats. Organizations can mitigate the risk through best practices such as enabling multi-factor authentication (MFA), knowing the indicators of phishing, and layering security measures. However, patch management is one of the most important (yet neglected) security tasks for many companies.
Practicing effective and regular patch management protects your devices and sensitive information. But what exactly is patch management, and how do you successfully implement it into your cybersecurity strategy?
In simplified terms, patch management is the systematic process of finding errors (often referred to as “bugs” or “vulnerabilities”) and applying updates to the software. Patches can be applied to operating systems, applications, and embedded systems.
Patching is one piece of vulnerability management – the cyclical process of identifying, classifying, remediating, and mitigating the security risks and vulnerabilities of your programs. This process should be an ongoing part of your cybersecurity plan. According to Ponemon Institute, 57% of data breaches are attributed to poor patch management, and organizations are often taking longer to test and roll out patches.
Keeping up with patch management has been a challenge for organizations, especially those with a limited IT staff. Software that is considered unpatched is more likely to be susceptible to cyberattacks. Immuniweb noted that over 75% of web servers scanned have exploitable vulnerabilities.
The patch management cycle includes steps such as reviewing updates from software vendors, scanning the network for vulnerabilities, identifying missing patches, deploying patches as needed, and evaluating status reports.
With the threat of cyberattacks, viruses, malware, and ransomware constantly changing, it is vital that your network is updated with the latest patches to reduce your risk of a breach that ends with data theft, legal issues, and reputation damage to your company. Patching not only provides an extra layer of security, but it also improves productivity, supports compliance, and inspires innovation.
Effective patch management can be daunting and time consuming, but it is absolutely essential in keeping your business secure and efficient. These recommendations outline a few important aspects of patching:
Do you know where the weaknesses in your network lie? Vulnerabilities in your systems due to unpatched software can lead to massive complications for your network including downtime, compromised data, or even loss of business. Partnering with a Managed Security Services Provider (MSSP) like Valeo Networks can ensure that best practices are followed, and patches are deployed on a regular basis./p>
Do you need help with patch management for your organization? Valeo Networks offers solutions to ensure your systems are up to date, secure, and efficient at all times. Our network vulnerability assessments give you a comprehensive view of where your systems are falling short. Contact us to see how we can help!
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