Move To A Risk-Based Vulnerability Management Approach
SC Media, Thursday, February 13th, 2025
In 2023, the financial toll of cybercrime in the United States reached a staggering $12.5 billion, setting a new record. This alarming figure underscores the escalating threat posed by cybercriminals, who are becoming increasingly sophisticated and exploiting the growing vulnerabilities of organizations.
The same year witnessed a surge in vulnerabilities, with the National Vulnerability Database (NVD) recording a 17% year-over-year increase. Since its inception 30 years ago, the NVD has cataloged 234,579 CVEs, with half discovered in just the past five years. This accelerating pace of vulnerability discovery, with a new vulnerability emerging approximately every 17 minutes - or 600 new vulnerabilities a week - further strains the already stretched resources of security teams.