Guard Your Cyber Safety: The Hidden Risks of Outdated Software
Your software is only as good as its last patch. Reaching End of Life (EoL) or End of Service (EoS) means critical patches and updates are no longer available, leaving you vulnerable to various problems.
Some make the mistake of not rushing to upgrade the software because it is still functional. However, outdated software can lead to security risks, data loss, compliance issues and more.
In this blog, we will discuss the primary implications of running outdated software and explain why it’s crucial to take action when your software reaches EoL or EoS.
Implications of using outdated software(Windows 7, Windows 8, Windows XP, Windows Server 2012 and below, etc.)
The implications of running outdated software can be divided into three categories:
Security implications
Using outdated software can have severe security implications, such as:
You no longer receive security patches from the vendor, leaving your system vulnerable to known exploits.
Threat actors may have already reverse-engineered the software and developed exploit code, making it easier for them to compromise your system.
Running outdated software may cause compatibility issues with other software and hardware, leading to data loss or corruption.
Using outdated software may violate your organisation's security policies, hindering a secure future and operational excellence.
Privacy implications
Privacy implications of using outdated software can be severe. If the software is no longer supported by its vendor and contains sensitive information, you could be at risk of receiving a data privacy fine.
For example, in the United States, the Federal Trade Commission is taking action against Chegg Inc. for failing to patch vulnerabilities that exposed sensitive information about millions of its customers and employees, such as Social Security numbers, email addresses and passwords. Chegg allegedly couldn’t address problems despite four security breaches over a five-year period.
According to the FTC's proposed order, the company must immediately address vulnerabilities and take additional steps, such as limiting the amount of data it can collect and retain, providing users with multi factor authentication to secure their accounts, and allowing users to access and delete their data.*
Similar compliance requirements exist in Australia for cyber insurance and other regulatory requirements.
Productivity implications
Outdated software can have severe productivity implications for a business. For example, if the software runs slowly, crashes frequently or is otherwise difficult to use, it can frustrate employees and disrupt workflows. This can, in turn, lead to a poor customer experience, damaging a company's reputation and bottom line. Therefore, it is important to keep software up to date to avoid these problems.
Collaborate for success
You’ve already taken the first step toward securing your company by recognising the dangers of using outdated software. However, mitigating the above implications may be a heavy lift for you since you'll have to set aside extra time and effort while running an organisation. Partnering with an IT service provider like us can ease your worry.
To protect your business, we can help you identify outdated software and hardware. We can keep you up to date on the latest security threats and how to mitigate them. We can also update your systems to the latest versions to ensure the best possible protection. For a consultation, feel free to contact us.
Source:
* www.ftc.gov
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This is Part of our Cyber Security awareness educational campaign. Through this training, you will learn awareness and key principles, and best practices to protect yourself, your organisation, and the public from cyber attackers. You will also be equipped with the knowledge to identify potential threats and take action before any damage can occur.