Vulnerability Management Industry Statistics

In this post, we’ll explore a comprehensive overview of the vulnerability management industry, shedding light on key statistics that reveal the current landscape of cybersecurity threats and mitigation efforts. From the frequency of system scans to market projections and average breach costs, these data points highlight the challenges and opportunities facing organizations in addressing vulnerabilities and enhancing their security posture.

Statistic 1

"43% of firms regularly scan their systems for vulnerabilities only once per quarter or less frequently."

Statistic 2

"By 2025, the Vulnerability Management market is expected to reach a size of $15.5 billion."

Statistic 3

"Despite increased investment, 46% of companies say they have difficulty managing vulnerabilities."

Statistic 4

"60% of breaches occur due to unpatched vulnerabilities."

Statistic 5

"69% of organizations feel they lack full visibility into their own attack surfaces."

Statistic 6

"The managed vulnerability market is estimated to reach $2.4 billion by 2024, at a compound annual growth rate (CAGR) of 5.5%."

Statistic 7

"More than half of all organizations have discovered at least one critical, publicly disclosed security vulnerability on their network."

Statistic 8

"Only 5.5% of vulnerabilities are ever actually exploited in the wild."

Statistic 9

"94% of vulnerabilities are disclosed with a documented CVE identifier."

Statistic 10

"In 2019, there was a 17.6% increase in reported vulnerabilities over 2018."

Statistic 11

"More than 8000 new vulnerabilities were reported in 2019 alone."

Statistic 12

"Web-related vulnerabilities make up over 50% of all vulnerabilities discovered."

Statistic 13

"The average cost of a data breach breach in 2019 was $3.92 million. Vulnerability management can help mitigate this cost."

Statistic 14

"Over 60% of companies face challenges in enforcing vulnerability remediation policies."

Statistic 15

"The factors driving this market forward include increasing threats through various networks, government regulations, and standards for maintaining data privacy."

Statistic 16

"It takes organizations an average of 115 days to fix a vulnerability in their system."

Statistic 17

"The percentage of high severity vulnerabilities dropped from 20% in 2018 to 13% in 2019."

Statistic 18

"60% of organizations say that the volume of vulnerabilities has increased over the past twelve months."

Statistic 19

"Only 7.6% of vulnerabilities discovered in 2018 and 2019 have been exploited by threat actors."

Statistic 20

"52% of vulnerabilities identified in 2019 affected products that were already phased out by their vendors."

In conclusion, the statistics on vulnerability management highlight both the challenges and opportunities faced by organizations in safeguarding their systems. While there is a significant market growth expected in the vulnerability management industry, many companies struggle with managing vulnerabilities effectively and lack full visibility into their attack surfaces. The high number of breaches caused by unpatched vulnerabilities underscores the importance of proactive vulnerability scanning and remediation. Despite the increasing volume of reported vulnerabilities, only a small percentage are ever exploited in the wild. Organizations need to prioritize timely vulnerability remediation, as delays in fixing vulnerabilities can lead to increased risks and potential financial losses.