Managing End-of-Life Software
At some point, all software will reach the end of its life. This means manufacturers will no longer develop or service the product, discontinuing all technical support, bug fixes, and security upgrades. As a result, this end-of-life (EOL) software will have known vulnerabilities that cybercriminals can easily exploit.
In fact, a recent survey found that 60% of data breaches stem from unpatched known vulnerabilities.
Organizations may be hesitant to transition away from EOL software for several reasons, such as limited resources, a lack of critical features among new software, or migration challenges. They may be especially reluctant when EOL systems are still functioning. However, continuing to use EOL software also comes with a myriad of risks, including heightened cybersecurity exposures, technology incompatibilities, reduced system performance levels, elevated operating costs, and additional data compliance concerns.
With this in mind, it’s clear that proactive EOL software management is necessary to prevent unwelcome surprises and maintain organizational cybersecurity. As such, organizations should consider the following tips for ensuring effective EOL software management:
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The Benefits of Endpoint Detection and Response Solutions
As digital threats grow more sophisticated and frequent, advanced cyberattacks have become increasingly difficult to identify in real-time. Therefore, organizations need to prioritize cybersecurity measures that can analyze and respond to the constant barrage of cyberattacks—such as endpoint detection and response (EDR) solutions. EDR is a cybersecurity solution that continuously monitors security-related threat information and endpoint data to detect and respond to ransomware and other types of malware.
It provides visibility into security incidents occurring on endpoints—such as desktop computers, laptops, embedded devices and servers—to prevent damage and minimize future attacks. EDR solutions can offer several benefits to organizations and their cybersecurity teams, including:
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Attack Surface Management Explained
Attack surfaces refer to the total possible entry points (also known as attack vectors) for unauthorized access into any system. The recent rise of remote and hybrid work combined with the shift to the cloud and widespread implementation of software-as-a-service (SaaS) applications have made attack surfaces increasingly prominent, complex and difficult to defend against cyberattacks. As a result, organizations face the challenge of consistently monitoring their attack surfaces to identify, block and respond to threats as quickly as possible.
That’s where attack surface management (ASM) can help. ASM involves continuously monitoring potential attack vectors, including any method hackers may use to gain access to companies’ data or networks to facilitate cyberattacks. Organizations’ attack vectors are constantly changing but generally include four main surfaces:
ASM can provide companies with an inventory of exposed assets to accelerate responses to cyber threats. This entails the following automated core processes:
ASM not only helps protect organizations from cyberattacks, but it is also a practice frequently required by underwriters to obtain cyber insurance—thus making it all the more vital. For additional risk management information and insurance solutions, contact us today.
This Cyber Risks & Liabilities newsletter is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice. Readers should contact legal counsel or an insurance professional for appropriate advice. © 2022 Zywave, Inc. All rights reserved.