Best Vulnerability Management Practices for eCommerce Stores |
Posted: October 13, 2022 |
Any eCommerce company must prioritize vulnerability control. Whether you own a business or work as an IT manager, technical engineer, or CIO, you should know that simple vulnerability checks are insufficient to secure your company. A planned, powerful, and all-encompassing vulnerability management approach is needed to reduce cyberattacks and threats. Cyberattacks on eCommerce companies are common and have reached a new high recently. A study by Statista shows there have been more than 400 million cyberattacks since 2020. Because of this, everyone working for an eCommerce company should remember that using best practices for vulnerability management will help protect the company's networks and data. Vulnerability Management: DefinitionThe process of identifying vulnerabilities in IT and assessing their dangers is known as vulnerability management. Evaluation of these flaws results in the management of an eCommerce company without any risks. Vulnerability management also includes vulnerability scanning while also taking into account things like risk acceptance and remediation. Managing vulnerabilities is crucial because it enables any eCommerce company to maintain a constant awareness of dangers posed by the IT environment and weaknesses in the IT stage. Any organization can prevent fraudsters from stealing data and hacking networks by using this strategy. Best Vulnerability Management PracticesA business must continuously practice vulnerability management to recognize, assess, address, and report security risks. A set of rules must be followed to keep up with the addition of new systems to networks, updates to these systems, and the identification of new categories of vulnerabilities. The following are the best practices for vulnerability management: 1. Establish a StrategyBusinesses develop a vulnerability management strategy for several reasons. The first step in the strategy is observing regulations or security frameworks, such as PCI DSS or ISO 27001. The proactive development and enhancement of visibility inside the IT environment come next. Businesses take these steps to ensure that the company can promptly address security problems as they arise. A company should concentrate on people, processes, and technology for a vulnerability management strategy to be successful. 2. Regularly locate vulnerabilities and fix themNo company likes to learn that a vulnerability detected months ago is still in use today. Because of this, a company must identify security concerns promptly and frequently and take corrective action. Remediation has a drawback in that it can feel overpowering. It requires lengthy scan reports that can be a thousand pages long, which takes time. 3. Utilize the right toolsBusinesses have access to a wide range of vulnerability scanning products, consisting of a console and scanning engines. Whether a business uses human checks or digital tools, the placement of these tools is a vital consideration. A company should make sure that the functionality of its vulnerability management solution meets all of its requirements. Steps in Vulnerability ManagementStep 1: CATEGORIZEThis stage includes categorizing newly identified vulnerabilities. Instead of only reacting to an identified weakness, categorizing business to understand and divide the problem into smaller parts. Low-risk items, false positives, out-of-date software, missing patches, and configuration errors are some examples of these categories. Step 2: PRIORITIZENot all recently found security flaws require immediate attention. A vulnerability scanning tool searches for everything and generates a report on every security issue. The correctness, risk of not remediating, risk of remediation, criticality of the assets, and value of the assets to the business should all be considered while taking this step. Step 3: BITE-SIZEIt is easier to manage a business when the remediation process is divided into smaller pieces after categories and priorities have been identified. By deciding what is related to the company's priorities, examining the tasks that are actionable and feasible, and identifying the slow burns and rapid wins, a corporation should break down the scanning report into manageable chunks. Vulnerability Management LifecycleThe task of managing vulnerabilities is ongoing and best portrayed in the stages of a vulnerability management lifecycle. Using frameworks is one of the best things a business can do to manage vulnerabilities. This lifecycle consists of six steps. They are -Identifying vulnerabilities
-Ranking vulnerabilities -Evaluating vulnerabilities -Reporting vulnerabilities -Resolving vulnerabilities -Validating vulnerabilities Prioritizing vulnerabilities involves grouping assets into different categories and assigning values based on how important they are to an organization. Based on the importance of the assets, the evaluation stage entails assessing a company's and its clients' ability and readiness to accept and take risks. ConclusionOne of the best methods to safeguard a company against cybersecurity threats is to adhere to these vulnerability management best practices with the right solutions partner. A company will have the best chances of keeping both its information and the networks and assets of its clients safe and secure. These procedures serve as the fundamental cornerstones of every security plan or strategy. These give a company the ability to reduce risks and dangers and to feel more secure about the security and integrity of its data. Envision eCommerce is a trusted name in eCommerce solutions with over 20 years of experience serving renowned clients around the globe. Get in touch with their eCommerce experts and discover bespoke solutions for your business.
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