Governance of Cybersecurity Vulnerability Management Is Vital: S&P Global Report
Briefly

The S&P Global report highlights that vulnerability management is crucial for cybersecurity preparedness; weak management can negatively impact an entity's risk assessment.
The increase in recognized vulnerabilities is fueled by security competitions, 'bug bounty' programs, and advancements in detection tools, necessitating proactive elimination.
Vulnerability exploitation increases costs and damages significantly. Mitigation strategies include system redundancy design, rapid response protocols, and the use of cyber insurance.
Older vulnerabilities, like those discovered in 2016, remain a significant risk and can be effectively exploited by attackers familiar with them.
Read at Telecompetitor
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