If your organization has poor network security, it can lead to network vulnerabilities that result in cyberattacks.
Cyberattacks often cost organizations hundreds of thousands of dollars to repair a network and, in some cases, can cause irreparable network damage. To avoid these consequences, network security should be a priority for all organizations.
Fortunately, there are many network security solutions and services available to address these challenges. However, it can often be difficult to determine which solution or service is the best choice for your organization.
Coeo understands how important reliable network security is and has delivered thousands of security solutions and services to organizations to improve their network vulnerabilities and help them avoid cyberattacks and data breaches.
By the end of this article, you will understand what risk-based vulnerability management is, the reasons it should be considered, and whether risk-based vulnerability management is the best choice for your organization.
What is risk-based vulnerability management?
Vulnerability management has significantly evolved over the last few years with the changing security landscape and more advanced network threats.
Traditional vulnerability management cannot identify all vulnerabilities within a network, especially within more dispersed networks such as cloud infrastructure.
However, the growing number of network vulnerabilities and potential security weaknesses has resulted in the need for risk-based vulnerability management.
Risk-based vulnerability management is a process that enables security teams to identify, categorize, and remediate critical vulnerabilities before attackers can take advantage and ruin network infrastructure.
This process provides more accurate risk assessments and visibility into your network across all network infrastructure.
If you would like to speak with our team to learn more about risk-based vulnerability management or other security solutions that can improve your network performance and security or ask any questions you may have you can schedule an appointment.
Reasons why risk-based vulnerability management is important
If your organization has poor network security, it can result in vulnerabilities that can lead to cyberattacks.
It is important to understand the reasons risk-based vulnerability management is important so you can determine whether it is the best choice for your organization. These reasons include:
Prioritization of vulnerability management
Risk-based vulnerability management enables you to prioritize vulnerabilities based on their potential impact on operations and network infrastructure.
This ability to prioritize network vulnerabilities enables you to address the most critical vulnerabilities that severely impact your organization first reducing the risk of significant network security incidents and then focusing on the remaining vulnerabilities.
Reduced exposure to exploits
Risk-based vulnerability management enables you to address the current exploits and avoid future exploits that lead to cyberattacks.
Cyberattacks can cost your organization hundreds of thousands of dollars to repair your network and can even cause permanent damage to your network. Avoiding the consequences of cyberattacks will help your organization’s overall performance.
Alignment with business objectives
Every organization has business objectives that they attempt to achieve. If your organization has network security vulnerabilities that lead to cyberattacks, it can negatively impact your ability to achieve these objectives.
However, if you utilize risk-based vulnerability management, it will be aligned with your organization’s overall risk tolerance and network security measures. This results in a more business-centric approach to network security.
Compliance alignment
Organizations have specific network security guidelines that must be followed to avoid penalties. Many compliance standards require organizations to handle vulnerabilities effectively to avoid cyberattacks and data breaches.
Risk-based vulnerability management enables you to align your network with the compliances required in your network to reduce the risk of penalties resulting from non-compliance.
Enhanced incident response
Risk-based vulnerability management can enhance your network’s incident response. Addressing your network security high-risk vulnerabilities enhances your overall security posture better preparing your network infrastructure for security threats.
Continuing to proactively manage your network vulnerabilities will help you avoid cyberattacks and reduce the likelihood of a successful attack if a malicious actor is found in your network.
Is risk-based vulnerability management the best choice for your organization?
Now you understand what risk-based vulnerability management is and the reasons it can benefit your organization. However, it is also important to understand whether risk-based vulnerability management is the best choice for your organization.
If you are looking to enhance security and improve network vulnerabilities, risk-based vulnerability management may be the right fit for your organization to avoid cyberattacks and data breaches.
If you are looking to improve network vulnerabilities and want to prioritize them based on potential impact, risk-based vulnerability management may be your best choice.
Risk-based vulnerability management may also be a good choice if you are looking to reduce network exposure to security exploits.
If your organization is looking to align network security with your business objectives and comply with industry standards, risk-based vulnerability management may be the best choice to achieve these objectives.
Finally, if your organization is looking to improve your network security incident response to immediately detect and mitigate threats when they penetrate your network, risk-based vulnerability management is your best choice.
However, if your organization is struggling with poor network security and network connectivity issues, it may be better to implement a more in-depth security solution like SASE before considering a solution like risk-based vulnerability management.
Determining if risk-based vulnerability management is the best choice for your organization
Now you understand what risk-based vulnerability is, the reasons risk-based vulnerability management should be considered, and whether it is the best choice for your organization. This will help you determine whether you should invest in risk-based vulnerability management software.
Organizations can’t afford to have poor network security with vulnerabilities that lead to cyberattacks and data breaches. Cyberattacks can cost organizations hundreds of thousands of dollars to replace their network and in some cases, cause permanent damage.
To avoid these consequences, organizations should prioritize network security solutions and services.
Fortunately, there are many services and solutions available to address these issues. However, it can still be difficult to determine which solution and service is the right fit for your organization.
Coeo understands how important network security is and has delivered thousands of reliable network security services and solutions to organizations to improve their security and help them avoid cyberattacks.
We want you to understand what risk-based vulnerability is so you can determine whether it is the right fit for your organization.
If you would like to speak with our team to learn more about risk-based vulnerability management or other security solutions that can improve your network performance and security or ask any questions you may have you can schedule an appointment.
Now that you understand what risk-based vulnerability management is and whether it is the right fit for your organization, read this article to learn about other network security solutions that can improve network security vulnerabilities:
