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Vulnerability Management – Insights

The process of identifying, analyzing, classifying, and remediating vulnerabilities depending on the risk they constitute to an organization is known as vulnerability management (VM). A vulnerability scanner is the key technical component of this procedure since it detects resources connected to a company’s network and assesses them for vulnerabilities.

Vulnerability scanner scans a computer system for known vulnerabilities such as unsecured software setups, open ports and malware infection susceptibility. A zero-day vulnerability is one that is unknown or brand new. For cyber attacks and security breaches, exploiting flaws in operating systems, devices, browsers, and third-party applications to infect end-user devices is the first step. Identifying and repairing these vulnerabilities before cybercriminals can exploit them is a preventive security technique that should be included in any security program.

The Elements of Vulnerability Management are –  

Plan: Initiate by specifying the scope of the vulnerability management system, including what will be scanned and how it will be scanned. Security teams need to decide the frequency of scanning. Security teams must decide which resources are the most important and who has authority over them.

Scan: An organization’s entire network is scanned for vulnerabilities, insecure devices and software setups, compliance with security regulations. Internal scanning evaluates the cybersecurity of an organization’s network inside the firewall, whereas external scanning is done from the outside. Scanning both internally and externally provides a complete picture of risks.

Remediate: Remediation priorities are set based on the severity of the threat and importance of the resource for an organization, and then it is assigned to an employee who will be remediating the vulnerability. Low-level vulnerabilities are resolved after high or critical vulnerabilities.

Track Progress: Company needs to check the success of its vulnerability management programme. To do this companies, need to define a baseline, set success indicators, and track progress towards their goals. Companies need to improve their vulnerability management system, so they need to add the latest or newly discovered zero-day vulnerabilities to their database.

Proof of Concept

This proof-of-concept helps to understand the technical and financial implications of the vulnerabilities. It also helps in remediating vulnerability.

Risk Scoring

Thousands of vulnerabilities are discovered in an organization. They need an advanced risk rating algorithm to figure out which systems to patch first for effective prioritization. To automate the prioritising of vulnerabilities, the risk score should include threat parameters such as exposure to exploits and viruses, duration of vulnerability.

Scalability

As a company grows, so should its vulnerability management solution’s capacity. Companies should be able to increase capacity at small expenses by adding scan engines to their current solution. The solution vendor should have expertise with similar-sized installations in larger environments. 

Report Customization and Consolidation

Security teams can centrally manage prioritisation and remediation across the firm’s entire network, as well as monitor security risk and compliance trends, by combining data reports collected from each scan engine. On a single dashboard or user interface, the VM solution displays vulnerabilities, customizations, policy compliance, and other asset information like installed software. 

Bug Bounty and Vulnerability Disclosure Programs

Official vulnerability disclosure programs and policies define parameters for security researchers, obligate businesses to avoid legal action if others follow their rules and provide instructions on how to report vulnerabilities discovered. Some organizations offer monetary or other initiatives to promote responsible security researchers to work in good conscience. The incentives are commonly referred to as the “bug bounty” program. Several specialized organizations that are well-known in the security researcher community provide bug bounty program management and support services. Following the discovery of a vulnerability, companies generally issue a software patch or other fix.

The majority of cyber-attacks happen because there is a flaw or vulnerability in the software. Identifying vulnerabilities and fixing them is a crucial step. 100% secure software doesn’t exist thus finding the flaws and fixing them is a continuous process that improves software security. Hence vulnerability management solutions’ cyber security market share is increasing.

NetSPI’s Penetration Testing and Vulnerability Management Platform now includes risk scoring

NetSPI, the industry leader in organizational penetration testing and attack surface management, has added risk scoring to its ResolveTM vulnerability management and penetration testing platform. NetSPI’s risk score intelligence in combination with Penetration Testing as a Service (PTaaS) assists clients in prioritizing, managing and remediating the vulnerabilities that pose the highest risk to their firm.

NetSPI’s new risk scoring features dynamical  integration into PTaaS to deliver both a detailed vulnerability risk score and an aggregate risk score for a firm’s projects, assets, apps, and networks. NetSPI customers who use its penetration testing services have access to risk scoring. NetSPI clients can safely dedicate funds and resources to the most critical vulnerabilities by using risk rating.

The risk scores are used as a quantitative assessment for risk reduction over time, validation of cybersecurity expenditures, resource allocation, and benchmarking in the industry. With NetSPI’s risk score, organizations can appropriately prioritize vulnerability patching by taking into account business context and the threat landscape.

“There are varying approaches to assigning vulnerability severity, but risk today extends far beyond individual vulnerabilities. The key is to recognize the risks most likely to disrupt the business, identify the threats that would increase those risks, and prioritize the most appropriate mitigations to protect your organization from those threats. NetSPI’s risk scoring does just that,” said Jake Reynolds, Head of Product at NetSPI.

“Reactive cybersecurity is a thing of the past. Security leaders must get proactive and take a risk-based approach to stay ahead of today’s adversaries. Our risk scores enable NetSPI clients to make proactive security decisions based on their unique risk factors. In other words, it allows them to confidently allocate budget and resources to the vulnerabilities that matter most,” said NetSPI President and CEO Aaron Shilts.

Secureworks’ exclusive CTU Threat Intelligence Integrated into Secureworks TaegisTM Vulnerability Detection and Response

Secureworks, a global leader in cybersecurity, announced the integration of Secureworks Counter Threat UnitTM (CTU) threat intelligence feeds into Secureworks TaegisTM VDR (Vulnerability Detection and Response) to identify and help to remove the latest high-risk vulnerabilities in corporations before they can be exploited.

Security teams are supposed to rely on simple severity scores to prioritize attacks, while threat actors deploy advanced strategies, techniques, and procedures to uncover vulnerabilities. Security administrators will be less likely to be overwhelmed by the sheer volume of vulnerabilities and the challenges of integrating associated data now that Taegis VDR is available. 

Taegis VDR assesses 50 criteria across businesses, assets, and networks to intelligently prioritize vulnerabilities, reducing remediation efforts by 15x. Secureworks CTU-curated threat intelligence is now included to help prioritize threats.

Each element serves as a virtual expert, providing unique expertise to VDR’s Artificial Intelligence (AI) engine. The need to manually correlate CTUTM threat intelligence with vulnerability data is avoided by integrating it, saving time and effort and speeding up remediation.

Each year, Secureworks CTU conducts over 1,400 incident responses and 2,500 adversarial testing engagements and monitors 246 threat groups around the world. Continuous asset discovery, vulnerability scanning,  identification and prioritization speeds up remediation by focusing on the most critical issues.

Craig Robinson, program director, Security Services, IDC said “High-performing IT security teams know that a best practice for vulnerability management is integrating vulnerability scanning with threat feeds to accurately estimate risk. Without that extra level of intelligence, IT teams are presented with the impossible challenge of addressing every vulnerability. Working with the right partner allows companies to do more with less – a necessity as companies face challenges such as a shortage of skilled talent and attacks that are increasing in volume and sophistication.”

Steve Fulton, chief product officer, Secureworks said “With Secureworks Taegis, we are continually integrating our 20+ years of deep security expertise and current understanding of the threat with the latest advancements in software engineering and data science. Taegis VDR, unlike traditional vulnerability management systems, provides a risk-based approach that combines continuous scan data and threat intelligence with the power of machine learning, saving security professionals hours of manual work analyzing, integrating, and utilizing the data required to keep a company’s IT infrastructure secure.”

Hive Pro, a cybersecurity startup, has received $3 million in seed funding

Silicon Valley startup Hive Pro, the company behind Predictive Vulnerability Analytics (PVA), has raised $3 million in early funding headed by Simpra Holdings. Since Vulnerability Prioritization Technology is at the apex of Gartner’s Extended Detection & Response Interactive Hype Cycle, Gartner 2020, the investor group sees enormous growth potential.

Hive Pro conducted over 300 interviews with customers around the world to determine the real challenge in vulnerability management. They discovered that vulnerability fatigue, combined with limited cybersecurity resources, necessitates a solution that is simple to use and contextual to the threat to their businesses.

The company has successfully launched its platform and has a growing customer base from a variety of industries, including banking, finance, telecommunications, healthcare, and managed service providers (MSSPs). Hive Pro has experienced 100 percent quarter-over-quarter growth and is poised to accelerate its expansion in the next months.

“We are excited with the positive traction for our platform, and now with several success stories, we are going ahead with full force to capture the market and emerge as one of the leading players in the vulnerability prioritization market,” said Anand Choudha, Founder & CEO of Hive Pro.

“Encouraged by the success, we are getting ready for the next stage of funding and expecting to announce Series A round before the end of year, which will help us expand our footprint across Europe and Asia.” Added Anand Choudha.