How do you make a hacker happy? Make sure your systems aren’t patched with the latest fixes. Verizon’s 2015 Data Breach Report revealed that 99.9% of vulnerability exploits happen more than a year after the specific vulnerability was reported. In fact, 97% of the attacks in 2014 were from a list of ten published vulnerabilities – and there were patches available to fix those vulnerabilities. Better patch management could have significantly lowered that number. Patch management is critical for IT managers in all industries, but let’s use the healthcare industry as an example.
Security Breaches Are Costly
In a 2015 survey, healthcare executives reported that in the last two years 81% of their healthcare facilities had been compromised – and less than half felt they were properly prepared to prevent future attacks. In 2013 alone, it is estimated that breaches cost healthcare facilities $1.6 billion and affected millions of patients.