Itasca, IL - Apr 3, 2018 - Flexera, the company that’s reimagining how software is bought, sold, managed and secured, today released Vulnerability Review 2018 – Global Trends, the annual report from Secunia Research at Flexera. The report provides data on vulnerabilities to help companies understand the vulnerability landscape and devise strategies to secure their organizations. Vulnerabilities are a root cause of security issues – errors in software that can work as entry point for hackers, and be exploited to gain access to IT systems.
This year’s report reveals a continuing surge in vulnerability growth. In 2017 documented vulnerabilities increased 14 percent to 19,954, up from 17,147 in 2016. This means that companies are being exposed to an escalating number of security risks, underscoring the need to maintain continuous visibility of their software assets and the vulnerabilities affecting them. Companies also need to ensure critical vulnerabilities are prioritized and addressed before exploitation risk increases.
“There’s no question based on this year’s results, the risks remain high,” said Kasper Lindgaard, Director of Research and Security at Flexera. “As the potential for breaches expands, the pressure is on executives to increase vigilance through better operational processes – instead of reacting to risks that hit media headlines and cause disruption. The Equifax breach and WannaCry attacks taught us that.”
The Flexera report offers hope for companies seeking to minimize their risk of incidents. Patches were available for 86 percent of the vulnerabilities on the day of disclosure. In addition, zero-days – instances in which a vulnerability is exploited before public disclosure – remain rare. Only 14 of the 19,954 known vulnerabilities in 2017 were zero-days, a 40 percent drop from 2016.
“Organizations need to take advantage of this knowledge to remediate most vulnerabilities before risk of exploitation increases,” advised Lindgaard. “But the process cannot be adhoc. Without a consistently applied patching methodology, organizations will slip, leaving vulnerabilities unpatched for long periods. This gives criminals a large window of opportunity to execute their attacks. We advise a formal, automated software vulnerability management process that leverages intelligence to identify risks, prioritize their importance and resolve threats.”
The annual Vulnerability Review from Secunia Research at Flexera analyzes the evolution of software security from a vulnerability perspective. It presents global data on the prevalence of vulnerabilities and the availability of patches, and maps the security threats to IT infrastructures.
Different approaches to counting vulnerabilities are adopted by research houses in the vulnerability management space. Secunia Research at Flexera counts vulnerabilities per product the vulnerability appears in. We apply this method to reflect the level of information customers need, to keep their environments secure, i.e. verified intelligence on all products affected by a given vulnerability.
Flexera is reimagining the way software is bought, sold, managed and secured. We view the software industry as a supply chain, and make the business of buying and selling software and technology asset data more profitable, secure, and effective. Our Monetization and Security solutions help software sellers transform their business models, grow recurring revenues and minimize open source risk. Our Vulnerability and Software Asset Management (SAM) solutions strip waste and unpredictability out of procuring software, helping companies buy only the software and cloud services they need, manage what they have, and reduce compliance and security risk. The Flexera RightScale multicloud management and cloud cost optimization solutions enable enterprises to drive top-line revenue while optimizing cloud usage to reduce risk and costs. Powering these solutions and the entire software supply chain, Flexera has built the world’s largest and most comprehensive repository of market intelligence on technology assets. In business for 30+ years, our 1300+ employees are passionate about helping our 80,000+ customers generate millions in ROI every year. Visit us at www.flexera.com.
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