What is Vulnerability Risk Management and Why Do You Need It?

Posted by Jessica Grube on Apr 3, 2019 10:43:51 AM
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Today there are more devices connected to the internet than there have ever been before – an inconceivable number of connections. An ever-growing rate of connections provides more and more opportunities for hackers to exploit digital vulnerabilities. In this blog post, we'll discuss why VRM has never been more of a priority in the realm of cybersecurity.

What is Vulnerability Risk Management?

VRM stands for Vulnerability Risk Management. A managed VRM service provides the technology and human expertise to not only perform periodic scanning of your systems to make sure that technical vulnerabilities and misconfigurations are identified, but also to give you the insight needed to prioritize its remediation.

First and foremost, the ability to distinguish between the common terms (vulnerabilities, exploits, and threats) is important to understanding why you need VRM.

Here’s the top terms used in the world of VRM and what they mean:

Vulnerabilities

A weakness in the measures that are taken to secure an asset is called a vulnerability. For example, software flaws, insecure programming or even risky behavior by staff could come under this category and leave your assets open to threats.

Exploits

An exploit is an attack that takes advantage of vulnerabilities, in order to gain control of an asset – location information or database records, for example. Exploits are often software programs developed to attack operating system vulnerability and gain administrative control. Other forms of exploits could be more socially-engineered ‘scams’.

Threats and risk

Threats are possible dangers that you’re trying to protect against. Whilst threats need to be identified, there can be little control over their existence. Risk in the cyber realm is the potential loss related to technical infrastructure within an organization. This could be financial loss or damage to reputation.

 

Why do you need a Vulnerability Risk Management solution?

Without scanning your assets for vulnerabilities regularly, you expose your network to significant risk -- think of this like leaving your car unlocked with the keys inside.

Implementing a scanning solution is the easy part; however, one size does not fit all. What makes this particularly difficult is knowing what assets to scan, how often to scan those assets, and how to prioritize remediation to mitigate the risk facing your network.

A managed VRM solution does just that for you: it simplifies a daunting task by combining industry-leading technology, expert-level human expertise, and a scanning strategy that is tailored to your specific needs.

 

What should you look for in a Vulnerability Risk Management solution?

The VRM market is growing fast. This is because security and risk professionals are becoming increasingly reliant on VRM to tackle the main issues in terms of managing vulnerabilities and making the strategic decisions necessary to protect their organizations.

When evaluating managed VRM solutions, you should look for a several key features.

  1. State-of-the-art, reliable scanning technology
    With our managed MAXX VRM service, we're proud to partner with the industry-leading VRM technology, Tenable.io, to perform periodic scanning. Tenable.io provides the most accurate information about your assets and vulnerabilities, available as a cloud-delivered solution.

  2. A personalized scanning strategy
    Because the vulnerabilities in your network can stem from a wide range of areas, such as rogue devices and web applications, your scanning strategy should be highly personalized. Remember: one size does not fit all. 
  3. Prioritized remediation
    While many scanning solutions will provide you with guidance regarding which vulnerabilities to tackle first, the safest way to prioritize remediation is with a team of experts who provide insight based on vulnerability severity, asset criticality, compliance requirements, and threat intelligence through a personalized report crafted specifically for your organization.


In summary, a managed Vulnerability Risk Management service provides both the technology and human expertise needed to successfully perform periodic scanning of all systems. It truly simplifies a daunting task by making it possible to ensure that technical vulnerabilities and misconfigurations are identified and quickly remedied.


Learn More About MAXX Vulnerability Risk Management

 

Topics: vulnerability risk management, VRM

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