SecurityBrief Australia logo
Australia's leading source of cybersecurity and cyber-attack news
Partner content
Story image

Five reasons you need vulnerability management for business-critical applications

By Sara Barker
Wed 22 Sep 2021

Every organisation relies on a bedrock of core applications that keeps every department operational. From finance applications to human resource management, these applications must be protected from attacks, regardless of whether they exist in the cloud, on-premise, or both.

Many organisations look to a ‘defence in depth’ security model that applies technology layers on top of critical systems. However, security firm Onapsis says that there is one key area that IT teams often overlook: the last layer of security for the application itself. 

Attacks on business-critical applications can exploit administrator privileges. These privileges can be used to bypass application controls and compromise data and processes. Additionally, these attacks can have ripple effects across all areas of the business.

According to Onapsis, there are five reasons organisations need vulnerability management capabilities designed to protect their business-critical systems.

1. Market conditions during the last year have accelerated the pace of DX

Business-critical applications hold data related to processes, finances, staff, customers, patents, and other critical information.

The shift to a distributed cloud means that the old ways of installing all applications on-premise and building security around them doesn’t work anymore.

The pandemic has encouraged organisations to prioritise digital readiness. Still, it is at the expense of security in some cases, particularly as these organisations turn to cloud-based and often public-facing systems.

“This has greatly increased the risk of exploitation. Organisations trying to keep up with the fast pace of acceleration may also be overlooking risks that potentially leave them susceptible to exploits, including the due diligence of security best practices,” notes Onapsis.

2. The shift to cloud leaves business-critical applications vulnerable

 A Forrester Consulting Thought Leadership paper, commissioned by IBM, found that 85% of those surveyed include on-premise as a critical part of their hybrid cloud strategy because the cloud cannot service all workloads or performance environments. However, the paper also noted that these respondents were also delaying on-premise system upgrades, of which half admitted security vulnerabilities as a result.

With the urgency for digital readiness explained above, security risks are overlooked as businesses focus on speed instead of security.

 An exploited vulnerability in one of these on-premises systems could lead to a compromise for that unpatched critical system with far-reaching consequences,” Onapsis notes.

3. Business-critical applications are increasingly at risk from bad actors

Vulnerability management processes are complex because there is often very little time to act before a vulnerability becomes exploitable. According to Onapsis research, it can take as few as 24 hours for a vulnerability to be disclosed and attackers to take action. It can take just 72 hours for the same attackers to create an exploit.

“Many organisations do not have security best practices, tools, or staffing levels in place to address vulnerabilities within this accelerated time frame. Bad actors are not only exploiting vulnerabilities in business-critical systems, they are doing so at a faster pace than ever before,” states Onapsis.

4. Existing defence-in-depth strategy deployments insufficiently protect the business-critical application layer

While a defence-in-depth strategy is useful, vulnerabilities can often still lurk within any layer of defence. Certain types of malware and misconfigurations can enable attackers to breach security layers and move laterally to infiltrate business-critical applications.

It is difficult for organisations to identify vulnerabilities, and traditional vulnerability management solutions are limited because they only scan for known vulnerabilities.

“It is still challenging to implement effective vulnerability management processes even for organisations that are well aware of these risks. This is due to the decreased amount of time between a vulnerability being identified and disclosed and a bad actor taking advantage of the vulnerability.”

5. Even the best teams are challenged to do more with less

While there is increased investment in application security, according to Gartner, even well-staffed organisations face time and workload constraints.

Patching is time-consuming, and there may be long backlogs before all patches are deployed. Meanwhile, attackers are actively seeking vulnerabilities and exploits.

“The accelerated pace of digital transformation and the rapid migration from on-premises to hybrid and cloud infrastructure has dramatically increased the risk to these systems. Yet despite the increased risk, these applications are often out-of-scope for traditional vulnerability management tools and security teams. 

“They are typically managed by information technology professionals who are focused on development and uptime as opposed to security. This further compounds the complexity associated with protecting these applications from vulnerabilities."

There is a better way to protect your business-critical applications with actionable insights, secure change, automated governance, and continuous monitoring.

To learn more, check out the 5 Reasons Why You Need Vulnerability Management for Business-Critical Applications white paper from Onapsis.

Download it now.

Related stories
Top stories
Story image
Documentation
Adobe study finds lack of digital trust and utilisation in Australian Government agencies
New research commissioned by Adobe has revealed a significant lack of digital trust within Australian Government departments, along with the continued underutilisation of key digital processes.
Story image
Artificial Intelligence
Eight top DevSecOps trends to support IT innovation in 2022
The use of DevSecOps practices is growing, as it is increasingly seen as the best way to produce high-quality and secure code. So what are the current trends?
Story image
Digital Fingerprint
Decline in counterfeit cherries after digital fingerprinting
Reid Fruits says there’s been a dramatic decline in counterfeit products for its cherries over the past three export seasons to Asia because of digital fingerprinting.
Story image
Compliance
SentinelOne integrates with Torq to empower security teams
"With Torq, security teams can extend the power of SentinelOne to systems across the organisation to benefit from a proactive security posture.”
Story image
Collaboration
IT and security team collaboration crucial to data security
Many IT and security decision makers are not collaborating as effectively as possible to address growing cyber threats.
Story image
Network Security
Netskope announces zero trust network access updates
Customers can now apply zero trust principles across a range of hybrid work security needs, including SaaS, IaaS, private applications, and endpoint devices.
Story image
Cybersecurity
Threat actors ramp up their social engineering attacks
As people get better at identifying potential threats in their inbox, threat actors must evolve their methods. Their new M.O? Social engineering.
Story image
Identity and Access Management
Ping Identity launches corporate venture capital fund
Ping Identity has launched a corporate venture capital fund to foster innovative offerings for the identity security market.
Story image
Cybersecurity
Email threats spike 101%, remains a top attack vector
"Each year we see innovation in the threat landscape, but each year email remains a major threat to organisations."
Story image
Compliance
Stock security features inadequate in face of rising risk
"Organisations must proactively find ways of identifying unseen vulnerabilities and should take a diligent, holistic approach to cybersecurity."
Story image
Cyber Criminal
Identity and access: the fight is on
Blue team defenders are used to protecting our data, applications, and users with access controls and other security mechanisms, which is why attacks like this are especially challenging when they target identity and access control systems.
Story image
Cybersecurity
Significant security concerns resulting from open source software ubiquity
"The risk is real, and the industry must work closely together in order to move away from poor open source or software supply chain security practices."
Story image
State Library of Victoria
State Library of Victoria entrusts Oracle support and security to Rimini Street
“Our finance team are very happy with the support and security that Rimini Street provides, which keeps our assets and our customers secure."
Story image
Manufacturing
Sternum joins NXP, collaborates on IoT security and observability
Sternum has announced it has joined the software partner community of NXP Semiconductors, a manufacturer of and large marketplace for embedded controllers.
Story image
Internet of Things
ManageEngine wins big in IDC MarketScape assessment
ManageEngine's Endpoint Central service has been recognised as a leader by IDC MarketScape in several categories including Internet of Things device deployments and UEM software for SMEs.
Story image
Cybersecurity
Ingram Micro launches vendor-backed security program
Ingram Micro has unveiled a new program intended to give resellers the effective offerings their customers need to stay safe in the evolving threat landscape.
Story image
Digital Transformation
What CISOs think about cyber security, visibility and cloud
Seeking to uncover the minds of CISOs and CIOs across Asia Pacific, my company recently asked Frost & Sullivan to take a snapshot of cloud adoption behaviour in the region.
Story image
Internet of Things
Domino's Pizza: A blueprint for secure enterprise IoT deployment
Increasingly, organisations are embracing smart technologies to underpin innovations that can enhance safety and productivity in every part of our lives, from industrial systems, utilities, and building management to various forms of business enablement.
Story image
WatchGuard Technologies
Ransomware volume doubled 2021 total by end of Q1 2022
Ransomware detections in the first quarter of this year doubled the total volume reported for 2021, according to a new report. 
PwC
WSLHD and PwC’s Consulting Business came together to solve through the challenges of COVID-19. A model of care was developed to the NSW Health Agency for Clinical Innovation guidelines with new technology platforms and an entirely new workforce.
Link image
Story image
Cloud Security
Palo Alto Networks bolsters cloud native security offerings
Latest Prisma Cloud platform updates help organisations continuously monitor and secure web applications with maximum flexibility.
Story image
MSP
Video: 10 Minute IT Jams - An update from CyberArk
Olly Stimpson joins us today to discuss the importance of MSP programmes and how MSP partners are experiencing success with CyberArk.
Story image
Attack
Phishing attacks are making a comeback
No matter what approach or tool cybercriminals use to breach a network, they all have one thing in common: access.
Story image
Enterprise Resource Planning / ERP
Five ways your ERP is letting you down and why its time for a change
Wiise explains while moving to a new system may seem daunting, the truth is that legacy systems could be holding your business back.
Story image
Digital Transformation
Cybersecurity priorities for digital leaders navigating digital transformation
In recent years, Asia-Pacific has especially been a hotspot for cyberattacks, and as we continue into 2022, it’s evident that the problem is becoming more significant.
Story image
Advent One
Advent One partners with US vulnerability management company
Advent One has partnered with New York based vulnerability management company, Vicarius to accentuate cybersecurity detection and response capabilities
Story image
Artificial Intelligence
Abnormal Security finds financial supply chain under threat
New research by Abnormal Security has found a rising trend in financial supply chain compromise as threat actors increasingly impersonate vendors.
Story image
Vendor
Forescout reveals top vulnerabilities impacting OT vendors
Forescout’s Vedere Labs has disclosed OT: ICEFALL, naming 56 vulnerabilities affecting devices from 10 operational technology vendors.
Story image
Cybersecurity
Aqua Security, CIS create software supply chain security guide
Aqua Securityand the Center for Internet Security have together released the industry’s first formal guidelines for software supply chain security.
Story image
Cybersecurity
Tech and data’s role in the changing face of compliance
Accenture's study found that 93% of respondents agree or strongly agree new technologies such as AI and cloud make compliance easier.
Story image
Secure access service edge / SASE
Cloudflare adds new capabilities to zero trust SASE platform
New features for Cloudflare One include email security protection, data loss prevention tools, cloud access security broker, and private network discovery.
Story image
Cybersecurity
FIDO Alliance releases guidelines for optimising UX with FIDO Security Keys
The new guidelines aim to accelerate multi-factor authentication deployment and adoption with FIDO security keys.
PwC
PwC's Consulting Business and PwC's Indigenous Consulting are proud to play an important role in helping Australian Indigenous Mentoring Experience build IMAGI-NATION, a free online university for marginalised communities around the world.
Link image
Story image
Research
New study reveals 51% of employees using unauthorised apps
The research shows that 92% of employees and managers in large enterprises want full control over applications, but they don't have it.
Story image
Artificial Intelligence
Juniper study reveals top AI trends in APAC region
Juniper's research shows an increase in enterprise artificial intelligence adoption over the last 12 months is yielding tangible benefits to organisations.
Story image
API
Industry-first comprehensive risk-based API security enhances protection
Application Programming Interfaces (APIs) have become a crucial part of operating web and mobile application businesses and are causing significant economic growth in the digital sector.
Story image
Tech job moves
Tech job moves - ActiveCampaign, Arcserve, LogRhythm & Qlik
We round up all job appointments from June 17-22, 2022, in one place to keep you updated with the latest from across the tech industries.
Story image
HP Inc
Firmware attacks significant threat in age of hybrid work
Changing workforce dynamics are creating new challenges for IT teams around firmware security, according to new research.
Story image
Ransomware
Secureworks reveals new information on BRONZE STARLIGHT threat group
New research from Secureworks has uncovered new information on the Chinese threat group BRONZE STARLIGHT and how they are using targeted ransomware to initiate complicated attacks.
Story image
Cybersecurity
Zero trust security adoption rises 27% in just two years
A survey of WAN managers has revealed that multi-factor authentication and single sign-on are the top zero trust features implemented.
Story image
Cybersecurity
Vulnerable APIs costing businesses billions every year
Large companies are particularly vulnerable to the security risks associated with exposed or unprotected APIs as they accelerate digital transformation.  
Story image
Amazon Web Services / AWS
Zscaler, AWS accelerate onramp to the cloud with zero trust
Zscaler has announced an extension to its relationship with Amazon Web Services, as well as innovations built on Zscaler's Zero Trust architecture.
Story image
Cloudera
Overcoming hybrid and multi-cloud challenges to drive innovation
Driven by improvements in technology, financial services companies have advanced both internal and external systems and processes, with the likes of digitisation, personalisation and risk management redefining the industry.
Story image
Payroll
How New South Wales state departments achieved cloud migration success
State departments in New South Wales are heading to the cloud to achieve better workflow solutions, and one company is paving the way for their success.