With countless cyberattacks over the last few months, hackers are set to exploit more vulnerable systems to access critical business data in 2024. So, firms must stay ahead with the latest vulnerability management (VM) trends to devise solid remediation strategies to secure the systems.
There were 5,951,612,884 breached records and 1,404 data breach incidents in 2023, according to the IT Governance List of Data Breaches and Cyber Attacks in 2023.
The rising number of data breaches necessitates implementing robust VM practices in the coming years. By proactively identifying, detecting, and managing vulnerabilities, it becomes easy to secure confidential data.
Here are a few major VM trends shaping the future of cybersecurity in 2024.
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Bridging Storage and Backup Loopholes
Many storage and backup processes primarily rely on dedicated proprietary systems. Yet, most VM methods do not support it.
Moreover, storage and backup depend on reliable networking, a non IP based network that the current VM tools do not support. Hence, firms must ensure that the storage and backup loopholes are address during VM processes.
The existing VM methods only offer minimal security. In 2024, firms must deploy dedicated storage and security tools to provide end to end security to all assets. These include storage and backup software and IP/non-IP network components.
Bridging the storage and backup gaps would significantly help firms get a full view of security risks in their storage and backup systems. But, it is essential to continuously scan these systems to detect security misconfigurations and vulnerabilities automatically. This way, they can prioritize those risks in order of urgency.
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Prioritize Inventory and Remediation
There is a need for a detailed inventory of storage and backup assets and their growing complexities. These insights will help understand the complexities of these systems to secure the data, irrespective of their location.
Also, with multiple vulnerabilities in current storage and backup systems, it becomes hard to deploy robust remediation strategies. To address these challenges, firms must-
- Deploy VM tools to locate the software, hardware, and all the cloud data.
- Adopt adequate risk evaluation procedures before practicing vulnerability management.
This process will help prioritize the crucial vulnerabilities that can threaten businesses, mainly when resources are limited, scarce, or overloaded. Steps likes these will eliminate the need to diminish every vulnerability. Instead, it guides firms to focus on immediate threats that might adversely affect the IT environment.
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VM is More than Just Scanning
A solid vulnerability strategy is more than just scanning. VM also includes patch and IT asset management that helps address misconfigurations that the attacker can use to exploit the systems.
In 2024, firms must make security information and event management (SIEM) as part of the VM schema. SIEM must be combined with threat intelligence to streamline and prioritize appropriate actions accordingly.
Moreover, VM acts as a base for attack surface management (ASM) tools. These tools enhance asset visibility and compliance reporting, offering actionable intelligence and metrics.
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Independent Endpoint Practices
Corporate endpoints are a common target for hackers to steal or encrypt data or take other actions to harm the business and its customers. With this evolving threat landscape, the effectiveness of VM platforms has changed over the years.
This means that the processes managed by the cloud could be more significantly managed at the endpoint.
Independent endpoint security practices help mitigate the risks by preventing, detecting, and responding to potential intrusions. In 2024, firms must combine these practices with VM tools to boost the current patch management, vulnerability scanning, and remediation processes.
In 2024, endpoint security will be more important than ever as remote work becomes more common. By implementing solid endpoint security solutions, firms can protect endpoints regardless of location. These solutions will also help identify and respond to threats as devices move between corporate and public networks.
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VM as a Service (VMaaS) Will Be a Thing
A popular trend in 2024 will be adopting the managed services/SaaS environments. These are primarily driven by offloading VMs to third parties. VMaaS, with a risk-based approach, allows firms to detect vulnerabilities across entire digital platforms like the internet, apps, systems, and cloud. It also guides firms in monitoring, verifying, and remediating issues rapidly.
As per a recent report by Markets and Markets, “Container Security Market Global Forecast 2026,” the global container security market will surpass USD 3.6 billion by the end of 2026.
Building containers into the DevOps process assures continuous delivery and automation deployment. This concept will represent a breakthrough in the development and management of cloud-native services in 2024.
It is essential to secure containerized apps of the underlying infrastructure at every development layer. In 2024, VM platforms will be built with features that entirely focuses on containerized environments. Due to this, more vendors will integrate modern container vulnerability scanning practices and VM features.
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More and More Vulnerabilities in 2024
Rising threats have necessitated the adoption of effective vulnerability detection in storage and backup services. While these are easy targets for hackers, storage and backup loopholes make the attack significant and much more challenging to defend.
Undetectable breaches leave the user vulnerable to ransomware and phishing attacks, prompting them to pay the ransom or let the data be lost. Moreover, infections in the recovery data cause delays in threat recovery.
This gives hackers ample time to gain control over the systems. Sadly, these attacks are hard to prevent even after deploying current detection and VM tools. Simultaneously, accelerating digital transformation initiatives like cloud migration has significantly expanded the attack surface.
In 2024, firms must implement VM strategies to increase threat visibility and gain control even after the attacks.
As per Security and Vulnerability Management Market Report, by Markets and Markets,
- the global security and VM market is projected to grow to USD 18.7 billion by 2026
- It will record a CAGR of 6.3%.
A system will always have vulnerabilities. But, when firms are in a position to defend themselves with solid VM practices, it becomes easy to overcome the attacks.
Firms must actively adopt these future-ready trends to prevent, detect, and mitigate strategies. This must be combined with early vulnerability scanning and remediation in the software developmental cycle.
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