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Vulnerability Assessment – What You Need to Know

Stephen Harborough by Stephen Harborough
November 25, 2023
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A vulnerability assessment is essential to help organizations detect and address cybersecurity weaknesses. The process identifies system vulnerabilities, assesses their severity levels, and recommends mitigation techniques.

Vulnerability assessments use automated tools to scan for flaws in applications, workstations, servers, networks, and other IT assets. These tools include network scanners that visualize networks and discover warning signals like stray IP addresses, spoofed packets, and suspicious port activity.

Table of Contents

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  • Identifying Vulnerabilities
  • Prioritizing Vulnerabilities
  • Remediating Vulnerabilities
  • Reporting Vulnerabilities

Identifying Vulnerabilities

Vulnerability assessments help identify security holes that cyber attackers can exploit. They are an essential tool to protect your information from malicious attacks.

Vulnerabilities are discovered through scanning and testing applications, servers, or other systems using automated tools or manually reviewing results from scans or tests. They are also identified through external sources such as vendor vulnerability announcements, threat intelligence feeds, or asset management systems.

Once the vulnerabilities are identified, they must be analyzed to thoroughly understand their risk and impact. This is done by evaluating various factors, including the severity of the weakness, its likelihood of being exploited, and the level of risk it poses to the organization’s assets. Penetration testing may be conducted during this phase to confirm the risks posed by individual vulnerabilities in a real-world simulation.

Once the analysis has been completed, remediation efforts should be implemented to close the gaps. This can be accomplished by updating software or hardware, making secure configuration changes, and isolating vulnerable systems. Other measures include closing remote access portals, deactivating compromised user accounts, and enhancing employee training.

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Prioritizing Vulnerabilities

The next step in the vulnerability assessment process is to prioritize the vulnerabilities. This ensures that the hundreds or thousands of vulnerabilities that surfaced in the discovery phase are addressed efficiently and effectively. Without prioritization, the security team could be spending time addressing issues that do not pose real risks to the organization.

Prioritizing is a complex process, and there are no universal standards for how to do it. However, some general guidelines can be followed. For example, many experts suggest taking a risk-based approach to prioritize vulnerabilities. This involves evaluating the impact of a vulnerability, as well as its severity and vulnerability assessment explained. This is done using a vulnerability rating system that considers the likelihood of exploiting a vulnerability, its accessibility, and its ability to take advantage of it.

Moreover, a vulnerability assessment should also consider existing security controls that may mitigate the impact of the vulnerability. This will allow the security team to focus on vulnerabilities that can be addressed with existing controls.

Once the vulnerability assessment has completed the identification and ranking phases, creating a report clearly outlining the results is necessary. This report should include a list of the vulnerabilities, ranking, and corresponding risk levels. It should also summarize the remediation steps needed to address each vulnerability.

Remediating Vulnerabilities

Using the information gathered during the vulnerability assessment process, security teams must create an actionable remediation plan to close any gaps that might open systems to attack. This is best done with a team of security professionals and operations and development teams so that each step in the plan is understood by everyone involved.

Remediating vulnerabilities can be as simple as installing readily available security patches or as complex as replacing hardware. The vulnerability management system should be configured to identify all potential vulnerabilities, prioritize those deemed critical, and suggest the most effective remedy for each.

The vulnerability assessment should be conducted continually, as cyber threats and the organization’s architecture constantly evolve. This also helps ensure all vulnerabilities are identified and addressed immediately, reducing the likelihood of exploitation.

The vulnerability assessment process should also include regular assessments of third-party vendors accessing the company’s system to ensure they follow appropriate procedures and do not create or open vulnerabilities. This helps prevent privilege escalation attacks, one of the most dangerous threats to a business. Privilege escalation attacks use a combination of programming errors, design flaws, and configuration oversights to grant unauthorized users the ability to take control of critical systems and applications.

Reporting Vulnerabilities

As the security landscape continues to evolve, ongoing vulnerability assessment is the best way to prevent attackers from gaining an advantage. The goal is to keep all aspects of the network free from a wide range of threats like SQL injections, dormant malware, and misconfigurations.

A detailed report of the findings is crucial for ensuring that vulnerabilities are remediated before they impact organizational systems. In addition to listing the vulnerability, a comprehensive report should also detail the extent to which the vulnerability can be exploited (whether or not it’s been compromised) and the impact the compromise would have on the organization.

In addition, a thorough report can be helpful when communicating the results of vulnerability assessments to non-technical stakeholders, such as business leaders and the board of directors. Keeping stakeholders informed is critical to fully supporting the effort to mitigate vulnerabilities.

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Getting hit with a cyberattack is not a matter of “if” but rather a question of “when.” The only way to avoid this unfortunate eventuality is to ensure that your organization has the most up-to-date protections. Creating a vulnerability management program that discovers and continually assesses your assets is one of the best ways. EC-Council offers several courses, including the Certified Ethical Hacker (C|EH) training program, to help you learn how to conduct and improve your vulnerability assessments.

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