There’s a lot more to patching security vulnerabilities than you might think
Just because a technology company published a security update doesn’t mean the flaw it’s trying to fix is completely resolved. A security patch release is often the beginning of what could be a months-long process for companies of all sizes that need to weigh better security with possible unintended consequences, like knocking different areas of their business offline or interrupting client connections. While all companies wrestle with the risk surrounding patching — Look at Equifax, which analysts say will spend hundreds of millions of dollars related its 2017 breach, which could have been avoided had they patched a known vulnerability — the issue is particularly fraught for small companies. Forty-seven percent of small businesses polled by the insurer Hiscox last year said they were breached within the prior 12 months, and only 52 percent had a clearly defined security strategy. Meanwhile, nearly 60 percent of the companies polled by the […]
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