Making the best decision about risk sometimes means forgoing cybersecurity’s best practices. That can be the unfortunate reality for companies with equipment that is under warranty. Security leaders sometimes have to make the tough choice of forgoing a patch because in some cases, it would void the manufacturer warranty on the product if applied, and leave them on the hook for any potential costs if the equipment were to break. This dilemma highlights the complicated nature of security decision-making. Even in today’s world – where security threats cost businesses $45 billion in 2018 – making the right decision to manage a company’s risk can mean juggling competing priorities, like limiting the risk of a cyberattack with the financial risk of repairing costly equipment without a warranty. Patching is one of cybersecurity’s most commonly accepted best practices. By patching systems, companies are closing up known vulnerabilities in their infrastructure, devices or […]
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