With GDPR applicable in the United Kingdom from 25th May 2018, it is more vital than ever to ensure even the smallest of vulnerabilities in your system are proactively protected. In this blog, the importance of regularly updating your software with its latest security patch is discussed.
COMPAREX UK Blog Editor
Cyber security remains of paramount importance to CIOs, with analysts Gartner predicting spending on information security will reach $86.4 billion by the end of the 2017. However, despite significant investment in tools and solutions, companies often fail to do the basics when it comes to protecting their IT estate: namely, updating their security patches on a regular basis.
It was a failure to patch a vulnerability in the Windows operating system that exposed organisations to the WannaCry virus in May 2017, which affected over 200,000 victims in more than 150 countries.
Organisations as large as the NHS, the Russian Interior Ministry, Renault and FedEx were all affected by WannaCry. This illustrates that it doesn’t matter how many resources you have at your disposal to deter cyber-crime, you still need to regularly and consistently download the latest security patches to protect your software from malicious parties.
Software patches need to be installed as soon as they’re released; malware developers watch closely at what is being fixed, and work backwards to identify how to compromise systems that aren’t yet patched. According to Kaspersky, 4.3 million corporate users were attacked through this kind of exploit attack in 2016, so it really is a race against the clock to update software as quickly as possible.
Often, the software itself will alert companies when new security patches are available, but this isn’t always the case. To stay one step ahead of the hackers, companies need to be aware of when updates are scheduled and be on standby to install them as soon as they’re released. For instance, Windows patches are normally released on the second and sometimes fourth Tuesday of the month – a day known as ‘Patch Tuesday’.
To ensure that organisations’ software is up to date and fully-patched, they need a platform that presents an overview of the software in use, as well as the version, edition and license type. The COMPAREX Portfolio Management Platform provides this, and even conducts an automated comparison of installed versions and patches with the latest market data. This enables organisations to understand which applications are protected and which need patching.
Calmer waters are ahead.
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