What is the importance of keeping an operating system patched and up to date?
How many of us have received an update notification and clicked the “remind me later” button? We’re busy at work and think “I’ll do it later,” or “it’s probably not important.” *click* Show It happens to the best of us; however, this seemingly innocent event can have serious consequences for businesses. Table of ContentsPatch Management Definition Patch Management is the process by which businesses/IT procure, test, and install patches (changes in code or data). Patches are intended to upgrade, optimize, or secure existing software, computers, servers, and technology systems that maintain operational efficacy or mitigate security vulnerabilities. While simple in nature, most growing businesses struggle to identify critical patch updates, test and install patch releases to fix problems as they occur. In fact, the average time to patch is 102 days. It’s no surprise that with over 16,500 security vulnerabilities reported in 2018, it’s virtually impossible for a small or medium-sized business with strained IT resources to keep up and protect your company. Patch management is a time consuming and often misunderstood task, yet the impact can have devastating effects: 57% of cyberattack victims stated that applying a patch would have prevented the attack. 34% say they knew about the vulnerability before the attack. The window between the disclosure of a vulnerability and exploitation has shortened forcing companies to race and deploy a patch before cybercriminals can compromise systems. What are the different types of patches?Software patches fix existing vulnerabilities or bugs as they are found after a piece of software or hardware has been released. There are several types of patches:
Patches are designed to repair a vulnerability or flaw identified after an application or software is released. As we’ve learned, there are many types of patches. For this article, we’ll focus on official patches (hotfixes, point releases, security patches, and service packs). Unpatched software can make the device a vulnerable target of exploits. Software patches are a critical component of IT operations and security. How important is proactive patching to businesses?We talk to small and medium business owners every day. When we ask a prospective partner “how do you manage your system updates and proactive patching?” 8 out of 10 times, the answer is that the business does not have a formal patch management process, or “I don’t know.” Let’s look at the world’s largest ransomware attack in history to understand how critical patch management is for the survival and operational effectiveness of your business. The WannaCrypto (WannaCry) ransomware cyber attack was the perfect storm against individuals and businesses with poor patch management policies. Even though Microsoft released a patch one month before WannaCry ransacked 200,000 computers across 150 countries causing damages estimated from hundreds of millions to billions of dollars in May 2017. The cryptoware exploited a known vulnerability dubbed “ExternalBlue” allegedly developed by the U.S. National Security Agency. Unpatched computers were again targeted by the 2017 NotPetya cyberattacks for the same vulnerability. Now years after the largest ransomware outbreak in history, attack attempts involving ExternalBlue continue to increase, reaching historic peaks according to ESET. Why? Do we learn from the past? Unfortunately, not everyone does, or individuals might not understand the critical threat patches prevent. For example, there are over 400,000 computers located in the United States that have not patched their systems to prevent hackers from exploiting this vulnerability. Poor security practices and lack of patching are likely reasons why malicious use of the EternalBlue exploit has grown continuously since the beginning of 2017. This low hanging fruit is too attractive and lucrative for cybercriminals to pass up. Patch Vulnerabilities by The Numbers
Prompt patching is vital for cybersecurity. When a new patch is released, attackers use software that looks at the underlying vulnerability in the application being patched. This is something that hackers perform quickly, allowing them to release malware to exploit the vulnerability within hours of a patch release. Security patches prevent hackers and cybercriminals from exploiting vulnerabilities that could halt operations. Imagine if a hacker encrypted all your data, servers and computers for a ransom. Does your team have the resources, expertise, and recent backups needed to keep your business running? By now, we should have a good grasp on how important an effective patch management procedure is to the cybersecurity of your business, clients and customers. So, what does an effective patch management process look like? We’ll review below the patch management lifecycle below. Patch Management Lifecycle and ProcessHow to Speed Up Windows 10 Startup in 3 Simple StepsThe Importance of Data Storage12 Ways Cloud Based Solutions Are Huge For Business GrowthEditor’s PicksCybersecurity Training for Employees is the #1 Best DefenseWho Needs CMMC Certification? Secure Government Contracts With 5 Levels of ComplianceShared Responsibility Guide: Your Business’s Duties to Achieve a Secure CloudSearchSearch Subscribe to Our BlogStay up to date with the latest tech, cybersecurity, and business tips to thrive in today’s digital world.
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