Case studies and real-world examples
Inadequate vulnerability and patch management can have severe consequences, leading to security breaches, data leaks, and significant financial and reputational damage. Here are some real-world examples and case studies that highlight the impact of insufficient vulnerability and patch management:
- Equifax data breach (2017): Equifax, one of the major credit reporting agencies in the United States, suffered a massive data breach in 2017.
Consequences: The breach exposed the personal information of nearly 147 million people. It occurred because Equifax failed to patch a known vulnerability in the Apache Struts framework. Hackers exploited this vulnerability to gain unauthorized access to sensitive data, leading to significant legal and financial repercussions for Equifax, including fines, lawsuits, and a tarnished reputation. Refer to https://en.wikipedia.org/wiki/2017_Equifax_data_breach for more details.
- WannaCry ransomware attack (2017...
