The Imperative of Risk-Based Cyber Risk Management in Combating Rising Threats

Cyberattacks are escalating rapidly with vulnerabilities in software increasing by more than 50% over the past half-decade. This alarming trend results from unpatched and inadequately configured systems; an astonishing 75% of businesses perceive themselves as vulnerable to a cyberattack due to such unpatched software.

In the face of these rising threats, security teams grapple with an onslaught of new vulnerabilities. The evolving security landscape only amplifies this workload, making it increasingly clear that traditional vulnerability management programs are falling short in managing the expanding attack surface.

Enter Cyber Tzar Risk Manager, a risk-based cyber risk management platform that offers the comprehensive capabilities organisations require to identify and effectively respond to modern threats. Let’s take a closer look at the traditional vulnerability management programs, the emerging risk-based alternatives, and the crucial differences between them.

Traditional Vulnerability Management

Vulnerability management is a routine process involving the discovery and resolution of vulnerabilities. This includes various stages like scanning, detection, assessment, and remediation. Once vulnerabilities are detected, security teams promptly set about remediation. However, the reliance of traditional vulnerability management on CVSS scores can lead to security teams mis-prioritising their efforts, squandering time on low-risk vulnerabilities.

The major shortfall of this conventional approach is its failure to provide exhaustive insights into the potential risks each vulnerability presents. Such practices cannot offer an adequate threat context, resulting in an inability to accurately identify the gravest risks confronting an organisation.

Risk-Based Cyber Risk Management

Contrastingly, a risk-based strategy empowers organisations to assess the risk level of vulnerabilities. It enables teams to prioritise vulnerabilities based on their assessed risk levels and remediate those posing higher risks, minimising potential attacks in a manner that’s efficient, continuous, and automated.

Given that over 90% of successful cyberattacks exploit unpatched vulnerabilities, the demand for automated patch management solutions is burgeoning. Organisations are actively seeking a smarter and more efficient vulnerability remediation strategy than those employed previously.

Cyber Tzar Risk Manager: A Proactive Approach to an Evolving Threat Landscape

In today’s climate of escalating threats, having actionable risk-based insights is critical to guiding security remediation efforts. Cyber Tzar Risk Manager continuously assesses your entire attack surface, pinpointing the most pressing threats and saving your security team valuable time and resources.

Cyber Tzar Risk Manager’s comprehensive suite of products is designed to suit the unique needs of your organisation. This innovative risk management solution:

1. Employs continuous, non-intrusive scanning techniques to diagnose network and cloud security issues. This methodology maps vulnerabilities to fiveĀ  industry-standard risk frameworks: OWASP ZAP Top 10, MITRE ATT@CK, NIST, CWE, and WASC.

2. Uses cyber risk scoring which categorises vulnerabilities by risk and likelihood of impact which enablesĀ  faster, prioritised and more targeted remediation efforts..

3. Offers risk-based insights and specialised security tools to bolster your business’s security measures and fortify against potential threats.

By enhancing your vulnerability risk management process, you can proactively address potential issues before they escalate, maintaining a proactive stance in managing vulnerabilities and cloud security.

The integration of automated threat intelligence risk monitoring allows you to identify significant risks before they become exploitable, minimising your exposure time and enabling smarter, better-informed decisions based on real-time, reliable intelligence.

Eliminate cyber risk, harness real-time, actionable insights, and achieve automated, round-the-clock risk-based cyber risk management with Cyber Tzar Risk Manager.

Speak to the experts at Cyber Tzar to learn how you can upgrade your cyber risk management today. With a clear focus on helping both direct customers and resellers who conduct scans for customers, Cyber Tzar offers opportunities for growth and advancement in the ever-evolving cyber security landscape.

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