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.”
Avoiding Attack is Possible: 86 Percent of Patches Available on Disclosure Day
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.”
Key Findings from the 2018 Vulnerability Review