Seemplicity 2024 Remediation Operations Report: Rising Exposure Management Risk

Insights from 300 U.S. Cybersecurity Professionals reveals Exposure Management challenges, Automation, AI, and Regulatory Impact 

PALO ALTO, Calif., July 17, 2024 /PRNewswire/ -- Seemplicity today announced the release of its annual 2024 Remediation Operations Report, offering a concise analysis of the latest trends, challenges, and best practices in cybersecurity.

Seemplicity: 2024 Remediation Operations Report

Seemplicity surveyed 300 U.S. cybersecurity professionals to gauge perceptions on key topics, including vulnerability and exposure management, automation, AI, and regulatory compliance.

An overwhelming 91% of respondents say their security budget is increasing this year, demonstrating a growing recognition of the importance of cybersecurity within organizations.

This finding supports the trends cited by respondents, including challenges posed by complex vendor environments, the growing role of automation in vulnerability and exposure management, increasing AI investment, and the new opportunities and challenges brought by SEC incident reporting requirements.

Vendor Environments Introduce Complexity, Fragmentation and Noise

Organizations reported utilizing an average of 38 different security product vendors, indicating high levels of complexity and fragmentation within their attack surfaces.

This fragmentation contributes to over half of respondents (51%) experiencing a high to very high level of noise from their tools, inundating them with a large volume of alerts, notifications, and findings, many of which are not definitive signals.

Consequently, 85% of respondents find it challenging to manage this noise. The top challenge cited is slow or delayed risk reduction, emphasizing the magnitude of the issue, as the overwhelming noise impedes efficient vulnerability identification and prioritization, thus slowing down the response to risks.

A significant majority of respondents (95%) reported leveraging at least one method to try and reduce noise, indicating acknowledgment of the problem and the urgent need to address it.

The Growing Role and Impact of Automation in Vulnerability Management

Almost all respondents (97%) indicated some level of automation, suggesting a growing recognition of the benefits of automation in vulnerability and exposure management.

Automation is predominantly applied to the foundational steps in vulnerability and exposure management, including:

• Vulnerability scanning: 65% of respondents use automation to enhance the accuracy and efficiency of identifying vulnerabilities, making the process faster and more reliable.
• Vulnerability prioritization: 53% of respondents leverage automation to rank vulnerabilities based on their potential impact and urgency, ensuring that the most critical issues are addressed first.
• Remediation processes: 41% of respondents use automation to both identify the appropriate remediation team and implement remediation actions, streamlining the overall remediation process.

However, the fact that nearly half (44%) of respondents still rely on manual methods in some capacity indicates that there may be barriers to full automation.

Regardless, the message from respondents is clear: automation has improved vulnerability and exposure management efficiency, with 89% of leaders citing its benefits. The top benefit noted is a faster response to emerging threats (65%).

Increasing AI Investment and Its Impact on Vulnerability Management

According to the research, the majority of companies (85%) are planning to increase AI investment in the next 5 years. Respondents believe AI will have the most significant impact on the initial stages of vulnerability and exposure management:

• Vulnerability assessment: 38% of respondents believe AI will significantly enhance the accuracy and efficiency of identifying vulnerabilities.
• Vulnerability prioritization: 30% of respondents see AI as a key tool for effectively ranking vulnerabilities based on their potential impact and urgency.

The predominant perception (64%) that AI will serve as a weapon against bad actors reflects optimism about its potential to bolster cybersecurity capabilities.

However, there is significant concern (68%) regarding the impact that the integration of AI in software development will have on vulnerability and exposure management. AI will rapidly speed up code development at a pace that security teams cannot keep up with, making effective vulnerability and exposure management a challenge.

New SEC Incident Reporting Requirements Viewed as an Opportunity

More than half of the surveyed organizations perceive the new SEC incident reporting requirements as an opportunity to enhance their vulnerability management practices.

Specifically, leaders feel the new requirements will improve logging and reporting (53%) and improve security hygiene (52%).

Surprisingly, less than a quarter of respondents felt that the regulation would create more bureaucracy (24%), pressure (23%) and distract their security teams (18%).

Adoption of Continuous Threat Exposure Management (CTEM) framework

The report reveals that 90% of respondents are likely to adopt CTEM programs, reflecting a shift towards continuous monitoring and proactive risk management. Unlike traditional periodic assessments, CTEM enables organizations to stay ahead of threats by continuously monitoring their IT infrastructure for vulnerabilities.

About Seemplicity

Seemplicity is revolutionizing the way security teams drive and scale risk reduction efforts across organizations by orchestrating, automating, and consolidating all remediation activities into one workspace. As the first productivity workflow platform created for modern security teams, Seemplicity transforms the remediation process into a streamlined and collaborative effort that can easily be utilized by developers, DevOps, and IT across the organization, helping them achieve complete operational resilience and establish a truly scalable security program. Seemplicity was founded in 2020 by cybersecurity veterans Yoran Sirkis, Ravid Circus, and Rotem Cohen Gadol, and its customers include Fortune 500 and publicly traded companies. For more information visit www.seemplicity.io.

SOURCE Seemplicity