NOW ServiceNow Inc.

ServiceNow Research Uncovers Security’s Patching Paradox

ServiceNow, Inc. (NYSE: NOW) today released new research, “Today’s State of Vulnerability Response: Patch Work Demands Attention,” based on a survey conducted with the Ponemon Institute. The report uncovered security’s “patching paradox” – hiring more people does not equal better security. While security teams plan to hire more staffing resources for vulnerability response – and may need to do so – they won’t improve their security posture if they don’t fix broken patching processes. Firms struggle with patching because they use manual processes and can’t prioritize what needs to be patched first. The study found that efficient vulnerability response processes are critical because timely patching is the most successful tactic companies employed in avoiding security breaches.

ServiceNow surveyed nearly 3,000 security professionals in nine countries to understand the effectiveness of their vulnerability response tools and processes. Vulnerability response is the process companies use to prioritize and remediate flaws in software that could serve as attack vectors.

“Adding more talent alone won’t address the core issue plaguing today’s security teams,” said Sean Convery, vice president and general manager, ServiceNow Security and Risk. “Automating routine processes and prioritizing vulnerabilities will help organizations avoid the ‘patching paradox,’ instead focusing their people on critical work to dramatically reduce the likelihood of a breach.”

Firms plan to invest in additional staff for vulnerability response

Security teams already dedicate a significant proportion of their resources to patching. That number is set to rise:

  • Organizations spend 321 hours a week on average – the equivalent of about eight full-time employees – managing the vulnerability response process.
  • 64% of respondents say they plan to hire more dedicated resources for patching over the next 12 months.
  • On average, the respondents surveyed plan to hire about four people dedicated to vulnerability response – an increase of 50% over today’s staffing levels.

Hiring won’t solve the problem: teams struggle with broken processes

Adding cybersecurity talent may not be possible. According to ISACA, a global non-profit IT advocacy group, the global shortage of cybersecurity professionals will reach 2 million by 2019. The study found that hiring won’t solve the vulnerability response challenges facing organizations:

  • 55% say that they spend more time navigating manual processes than responding to vulnerabilities.
  • Security teams lost an average of 12 days manually coordinating patching activities across teams.
  • 65% say they find it difficult to prioritize what needs to be patched first.
  • 61% say that manual processes put them at a disadvantage when patching vulnerabilities.
  • 54% say that hackers are outpacing organizations with technologies such as machine learning and artificial intelligence.
  • Cyberattack volume increased by 15% last year, and severity increased by 23%.

“Most data breaches occur because of a failure to patch, yet many organizations struggle with the basic hygiene of patching,” Convery said. “Attackers are armed with the most innovative technologies, and security teams will remain at a disadvantage if they don’t change their approach.”

Quickly detecting and patching vulnerabilities significantly reduces breach risk

Organizations that were breached struggle with vulnerability response processes compared with those organizations that weren’t breached:

  • 48% of organizations have experienced a data breach in the last two years.
  • A majority of breach victims (57%) said that they were breached because of a vulnerability for which a patch was already available.
  • 34% were actually aware that they were vulnerable before they were breached.
  • Organizations that avoided breaches rated themselves 41% higher on the ability to patch quickly than organizations that had been breached.
  • 37% of breach victims said they don’t scan for vulnerabilities.

“If you’re at sea taking on water, extra hands are helpful to bail,” Convery said. “The study shows most organizations are looking for bailers and buckets instead of identifying the size and severity of the leak.”

Broken processes can be overcome

Here are five key recommendations that provide organizations with a pragmatic roadmap to improve security posture:

  • Take an unbiased inventory of vulnerability response capabilities.
  • Accelerate time-to-benefit by tackling low-hanging fruit first.
  • Regain time lost coordinating by breaking down data barriers between security and IT.
  • Define and optimize end-to-end vulnerability response processes, and then automate as much as you can.
  • Retain talent by focusing on culture and environment.

Additional Resources

Survey Methodology

ServiceNow commissioned the Ponemon Institute to survey nearly 3,000 IT security professionals. Respondents are based in Australia, France, Germany, Japan, the Netherlands, New Zealand, Singapore, the United Kingdom, and the United States, and represent organizations with more than 1,000 employees. The survey was administered online. Founded in 2002, the Ponemon Institute is a research center specializing in privacy, data protection, and information security policy.

About ServiceNow

ServiceNow makes work better across the enterprise. Getting simple stuff done at work can be easy, and getting complex multi-step tasks completed can be painless. Our applications automate, predict, digitize and optimize business processes and tasks, across IT, customer service, security operations and HR service delivery, creating a better experience for your employees and customers while transforming your enterprise. ServiceNow (NYSE: NOW) is how work gets done. For more information, visit: www.servicenow.com.

© 2018 ServiceNow, Inc. All rights reserved. ServiceNow, the ServiceNow logo, Now, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc., in the United States and/or other countries. Other company names, product names, and logos may be trademarks of the respective companies with which they are associated.

EN
05/04/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on ServiceNow Inc.

Pierre FerraguÊ
  • Pierre FerraguÊ

Bible 3Q25 – Enterprise IT: Legacy and SaaS growth stable, Cloud servi...

Today, we are publishing the Enterprise IT section of our 29th Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 140 companies we track, providing an update on our key perspectives and convictions. Legacy IT spending is stabilizing after a strong 2H24, while public-cloud growth accelerates on broad-based strength across AI and traditional workloads. SaaS revenue growth remains in the low-teens ...

Servicenow Inc: 1 director

A director at Servicenow Inc sold 415 shares at 850.000USD and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...

Pierre FerraguÊ
  • Pierre FerraguÊ

Bible 2Q25 – Enterprise IT: Broad-based cloud strength, SaaS stable, ...

Today, we are publishing the Enterprise IT section of our 28th Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 140 companies we track, providing an update on our key perspectives and convictions. Legacy IT spending is moderating after a strong 2H24, while public-cloud growth accelerated slightly on broad-based strength across AI and traditional workloads. SaaS revenue growth remains in the lo...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch