There has been a considerable increase in the volume of attacks, as well as in the complexity of attacks, on small and mid-sized organisations in 2022. A lack of visibility into their infrastructure, unpatched vulnerabilities, and resource misconfigurations make them susceptible to various types of attacks, including ransomware.
Recently, Sophos, an advanced cybersecurity solutions company, published findings of a new survey – The Reality of SMB Cloud Security in 2022 – which revealed that among Infrastructure as a Service (IaaS) users, 56% experienced an increase in the volume of attacks on their organization when compared to the previous year, and 67% were hit by ransomware. You can read more about the global prevalence and impact of ransomware in this State of Ransomware 2022 report.
According to a recent report by the National Cyber Security Centre of the UK, the average cost of security breach is £600k to £1.15 million. But apart from the business risks around loss of revenue, organisations also risk loss of reputation.
Per the report, 60% of these breaches are because of unpatched vulnerabilities. Vulnerability Management as a Service, or VMaaS, aims to tackle this.
What is Vulnerability Management as a Service?
For most organisations, the limited resources and the lack of the required skillset as well as complex compliance requirements make end-to-end vulnerability management and remediation difficult. In the Sophos survey, only 33% said that their organisation has the resources to continuously detect, investigate and remove threats in their IaaS infrastructure.
VMaaS is a technology agnostic, automated, and context aware managed service that helps organisations achieve compliance through vulnerability scanning and delivers reports and insights about overall security posture.
At Simplex, we help our customers discover assets and take inventory as well as define the scope of the vulnerability management process. Once we have a buy-in from all the stakeholders, we prioritise and schedule vulnerability scans and detect critical vulnerabilities. We create reports aligned with business requirements and define and implement the remediation plan. In the end, it is verified if the vulnerabilities have been mitigated and the systems are rescanned to verify the remediation. Our predictive analysis and fixing avoids unplanned breakdowns or disruption.
As organisations continue to adopt cloud services, it is imperative that security is prioritised and appropriate defense mechanisms are implemented to deter the threat actors. You can read more about our VMaaS offering here.
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