Report Reveals Three-fold Increase in New Vulnerabilities Over a Decade – Cybersecurity Threats on the Rise

Report Reveals Three-fold Increase in New Vulnerabilities Over a Decade – Cybersecurity Threats on the Rise

Report shows three-fold increase in new vulnerabilities over a decade

Main Points:

  • New vulnerabilities discovered each year have tripled over the past ten years, according to RiskBased Security’s 2019 report.
  • The total number of vulnerabilities reported in 2019 was 22,316, a 17 percent increase from 2018.
  • Software vulnerabilities accounted for 55 percent of the total, while hardware and firmware vulnerabilities accounted for 15 percent.
  • Threat actors are taking advantage of the increasing number of vulnerabilities to carry out cyber attacks.

The Details:

Cybersecurity researchers have discovered that the number of new vulnerabilities is on the rise, with the volume of new vulnerabilities discovered each year tripling over the past decade. This was highlighted in RiskBased Security’s 2019 report, which revealed that a total of 22,316 vulnerabilities were reported in 2019, which is a 17 percent rise from the previous year.

The report also shows that out of the total vulnerabilities reported, 55 percent were software related, with 15 percent being hardware and firmware related. This implies that cyber attacks targeting specific software and technology have increased in recent years.

Security experts warn that threat actors are increasingly exploiting these vulnerabilities to launch cyber attacks, and organizations are struggling to keep up with the pace of discovery. The results can be catastrophic, with companies losing millions of dollars in just one attack.

Conclusion:

The fact that new vulnerabilities are being discovered at an increasingly rapid pace highlights the need for organizations to prioritize cybersecurity. Investing in preventative measures, such as regular penetration testing and vulnerability assessments, is key to combatting cyber threats and protecting sensitive data. Stay vigilant, stay protected.Original Article: https://www.infosecurity-magazine.com/news/cves-surge-25-2022-another-record/

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