Looking to Avoid Business Vulnerabilities? 6 Reasons Patch Management Matters

When a software provider sends you an on-screen notification to update your software, you might be in the middle of a project. You don’t have time to wait for your computer to update, so you click on the “remind me later” option. 

All too often, it’s easy to forget to update your software with the latest patches. If you want too long, you could have serious problems that affect your cybersecurity and other vital issues. When you’re in charge of a business or an IT department, encouraging people to download and install updates can be even more challenging. If you’ve been letting your patches fall by the wayside, here are six reasons why you should manage them sooner than later.

Most Businesses do not Have a Cybersecurity Expert On-Site

Cybersecurity professionals demand high salaries, so many small businesses cannot afford to employ them. These businesses rely on their software companies to provide cybersecurity. 

Whenever software companies discover vulnerabilities in their products, they release updates or “patches” to fix the problem. Unfortunately, many companies often wait three or more months to update their software, creating dangerous situations for your data in the meantime. That risk can grow exponentially if you drag your feet around installing the updates. 

If you don’t have a dedicated IT department or you otherwise struggle to dedicate time to your patch management strategy, consider automation. Automated solutions like TuxCare patch management install your patches automatically, taking a massive weight from you and your employees’ shoulders. In this case, you’ll never have to worry about accidentally leaving the door open to thieves and system crashes. 

Antivirus Software Often Becomes Outdated

When you neglect your patch management, your antivirus software loses its efficacy because it becomes outdated. Cyberhackers can access your sensitive data and steal information if your software is vulnerable. Patches update cybersecurity measures, making it harder for hackers to penetrate your system. 

A Security Breach Costs More than Patches Cost

The cost of paying for security breaches is more expensive than any patch. Often, patches are entirely free, but they do require businesses to pause their systems for a short time. You might lose a sale or a bit of productivity, but it is nothing when compared to the cost of losing customers because of a security breach. 

If a hacker invades your system because you neglected a patch, they could take your financial information and steal money from you. Cybercriminals could also steal money from your customers, and your customers could come to you for reparations. Patching your software helps you avoid these potential pitfalls. 

Software Becomes Vulnerable to Hackers

Patches update your software in several ways. These pieces of code can fix bugs that affect productivity and correct problems that open your system to hackers.

Patch Updates Minimize System Downtime

When you update your system each time a patch comes through, you shorten system downtimes. Without patches, your system is vulnerable to problems that could force your system to shut down unexpectedly. If you wait too long to update your system, you could be forced to shut down your system for a longer time to access all of the upgrades. 

Avoiding Compliance Fines

Many industries have compliance rules for software systems, and avoiding necessary patches and updates can force you to fall out of compliance. As the expenses for repairing data breaches, compliance fines can be more costly than the time allotted for the patch itself.

Before You Go

When you neglect your patch updates, you put your business, finances, and customer data in danger. You open your business up to potential fines and time-consuming repairs. The best way to avoid software problems is to upload the patches or schedule the upload as soon as they arrive. 

Looking to Avoid Business Vulnerabilities? 6 Reasons Patch Management Matters was last updated December 4th, 2021 by Amanda Greenberg