A solid vulnerability management program is critical for
reducing an organization’s cyber risk. If you need proof,
just look at the news. Heartbleed and, more recently,
the WannaCry ransomware attack demonstrate how
a single unpatched vulnerability can have catastrophic
consequences. Counting closed vulnerabilities was
never an effective method for measuring vulnerability
risk—and it’s only getting worse as the cyber risk
landscape gets ever more complex and dangerous.
Today, an enterprise’s data assets can be worth more
than the company itself. In the wake of high-profile
data breaches like those experienced by Equifax, board
members are well aware that a major cyber breach can
kill a big company. They don’t want to know how many
vulnerabilities were closed last quarter; they want
assurance that they’ll still be in business tomorrow.
Security teams need a more mature approach to
vulnerability management, one that allows them to
measure and report on risk so that they can make
demonstrable improvements and communicate them
to the board.