Increased need for VM platforms

Cybersecurity is no longer a niche issue reserved for large corporations in the modern world. Because cyberattacks know no borders, businesses of all sizes across all industries are on high alert. Vulnerability management has become one of the most popular security solutions to help enterprises strengthen network and application security as attack vectors and vulnerabilities increase.

The cornerstones of any cybersecurity program have always been vulnerability scanning and assessment, but its contemporary incarnation is now vulnerability management. In order to appropriately analyze and prioritize all detected vulnerabilities for remediation, vulnerability management systems go beyond analysis and assessment by offering relevant information and risk context. This approach to proactive cybersecurity has never been more important than it is now, as organizations struggle to manage the proliferation of endpoints, the complexity of increasingly sophisticated networks, and the growing amount of cyber threats.

But what exactly is vulnerability management and why is it so important? Why is the market for vulnerability management platforms growing? In order to proactively address vulnerabilities before they are exploited, organizations must practice effective vulnerability management.

What is Vulnerability Management?

Vulnerability management is the process of identifying, assessing and prioritize any system vulnerabilities that may result in loss or damage if left uncorrected. Vulnerabilities can be found everywhere, including in software programs, network architecture, hardware configuration, and mobile devices used by your staff.

A security procedure called “vulnerability management” is created for the express purpose of locating, assessing, addressing and disclosing any computer flaws that could harm any digital asset or system. This dynamic process requires stakeholders to constantly search for new vulnerabilities and take steps to fix them and change security settings to counter them.

A vulnerability management strategy is developed to put in place the rules and procedures that help a company identify weaknesses in its technology infrastructure. Essentially, vulnerability management establishes a cycle of procedures to ensure vulnerabilities are quickly found, assessed, and remediated.

Software is checked for vulnerabilities using Security and Vulnerability Management, which is also used to continuously find new vulnerabilities over time. In the enterprises, risk managementthreat identification and software security are all achieved through the use of security and vulnerability management.

Strobes Security, IBM, McAfee, Broadcom Inc, Qualys Inc. are some of the leading companies in the security and vulnerability management market.

Vulnerability Management Market

“Global security and vulnerability management market size is expected to grow from USD 13.8 billion in 2021 to USD 18.7 billion by 2026.”

The healthcare segment is expected to witness the fastest growth rate of 7.6% during the forecast period.

As there is a high growth rate of security and vulnerability management market, this would include increase in vulnerabilities across the globe, high monetary losses due to lack of security and vulnerability management solutions vulnerabilities, stringent regulatory standards and data privacy compliances, increased adoption of IoT and cloud devices.

Many opportunities exist to overcome the aforementioned operational challenges that security teams now encounter when manually managing vulnerabilities and compiling data from various sources. Organizations can use and spend money on a third-party solution like Strobes Security, for example, to normalize vulnerabilities and prioritize assets so they can find the most important vulnerabilities based on risk. Let’s discuss some market trends for increasing vulnerability management –

Let’s discuss a few market trends for the rise of vulnerability management:

  1. Remote work – Workplace location, technological innovations and how digital technologies have made remote working more feasible are all being reset and redesigned in the business sector. Since remote work is here to stay, companies need to find and fix any vulnerabilities caused by flexible working arrangements to protect their customers, employees, assets and reputation. Many companies may have had inadequate strategies and overlooked security modifications or training in cybersecurity practices because they were unprepared for the rapid transition to remote working opportunities, leaving them vulnerable to attack.
  2. Digital transformation – To survive and thrive, companies have used strategic technological shifts to fend off rivals. Companies may not have kept up with cybersecurity efforts when moving to the cloud. Cyber ​​risk assessments are essential for any digital transformation or cloud migration strategy, as threat actors are constantly adopting aggressive new strategies. A planned and comprehensive approach that includes continuous and proactive review of vulnerabilities is necessary for successful businesses to embrace digital technology. Any technology adoption plan must continually mitigate risk.
  3. Threat Landscape – The global cyber threat landscape has recently changed even more than usual due to internal and foreign causes. Internal forces are those that come from within a company or organization itself. Poor security practices, unpatched systems, and ignorant internal users are just a few. External forces are forces that operate independently of an organization, such as illegal hackers attempting to gain access to a company’s computer network. The effectiveness of any cybersecurity program and a company’s security posture is highly dependent on communicating with stakeholders about the threat landscape in 2021, which CISO and IT professionals within the company need to fully understand. The dangers that could bring a business to its knees with a single mistake must be clearly understood by all parties, as well as what sets those risks in motion.

Partnership with Strobes Security

A structured procedure is typically used to give organizations an efficient way to continually find and fix vulnerabilities, as each new vulnerability carries a number of business threats. Strobes Security provides Connections with a number of tools including Burp Suite, Veracode, Nexcode and many more to ingest data that can be mapped to write-ups and populate reports.

By grouping vulnerabilities and accelerating the prioritization of results using vulnerability informationwe help businesses by leveraging VM365 Flashes streamline vulnerability management. With this level of vulnerability aggregation, managers can gain useful insights that go beyond the lifetime of the vulnerability to highlight effective and efficient remediation.

All your security requirements are met by Strobes Security, a single vendor-neutral solution. We recognize the value of prevention and remediation, and work to counter current threats and reduce potential risks. You can get help from our platform with Asset risk management, Vulnerability Aggregation, Prioritization, Workflow integration and learn more about Strobes Security’s flagship products, VM365 and PTaaS.

Start using Strobes right away by free registration!

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