Action1 Corporation, a provider of the based patch management platform designed for work-from-anywhere enterprises, announced a product strategy aimed at enhancing organizations’ resilience to cyber threats.
The company looks to add vulnerability discovery and prioritization based on IT asset value to its patch management capabilities to empower organizations to proactively manage their security risks.
Organizations face significant challenges in mitigating threats due to the growing number of security vulnerabilities and the rapid exploitation of these vulnerabilities by ransomware gangs.
Plus, the increasing complexity of hybrid IT environments makes it difficult to prioritize vulnerabilities, resulting in significant delays in remediation.
According to Statista, organizations take, on average, between 290 and 180 days to patch vulnerabilities, giving attackers more time to breach corporate systems. With the predicted $8 trillion cost of cybercrime in 2023, defenders seek solutions that enable them to be more proactive in their cybersecurity efforts to mitigate the risks posed by increasingly active threat actors.
A single platform combining vulnerability discovery, prioritization and automated remediation, will enable defenders to allocate resources effectively and establish a more comprehensive approach to vulnerability remediation based on risk and IT asset value.
“Organizations need to move beyond security to cyber resiliency with a focus on risk assessments,” said Mike Walters, VP of Vulnerability and Threat Research and co-founder of Action1. “As attackers start exploiting known vulnerabilities shortly after patches are released, proactive solutions are needed to help IT teams identify and mitigate potential risks to their organization.”
Action1 Vulnerability Discovery will be available during the third quarter, and Action1 Vulnerability Prioritization will be presented during the fourth quarter.
Learn more at: www.action1.com.