Patch Management gives you peace of mind knowing that the security of your system is top notch, immune to known vulnerabilities, as well as in regulation with government compliance laws. Patching keeps security holes closed and applications updated with the newest features. All of this ensures the productivity and efficiency of your business.
Security is the most obvious reason why companies would want to have an automated patch management solution in place. One of the main reasons why software vendors release new patches is to fix security vulnerabilities that can be exploited by malicious software or people intending to damage your IT systems or network.
Applying security patches in a timely fashion greatly reduces the risk of having a security breach and all the related problems that come with it, such as data theft, data loss, reputation issues or even legal penalties.
Efficiency and Productivity
An efficient system that deploys patches network-wide helps to improve the productivity of the company in many ways. Often patches come with performance improvements or crash fixes for the products they apply to, which can lead to a productivity boost. The improved security also helps productivity; in the majority of cases, the worst effect of malware is not the theft of company sensitive data, but rather the loss of computer resources used to run the malicious scripts.
Recently compliance has become an important driver for companies to implement a patch management solution. Government institutions, companies offering financial services, and healthcare organizations are among the most affected by these regulations, but the trend is that all companies will need to be secure enough to be able to protect the privacy and data of their employees, customer and partners. Here is a list with some of the most important standards related to IT infrastructure security: Payment Card Industry Data Security Standard (PCI DSS), Health Insurance Portability and Accountability Act (HIPAA), Sarbanes–Oxley Act (SOX), Gramm–Leach–Bliley Act (GLB/GLBA), Federal Information Security Management Act (FISMA), Family Educational Rights and Privacy Act (FERPA), Government Connect Secure Extranet – Code of Connection (GCSx CoCo). Failure to comply can result in losing opportunities, incurring legal and financial penalties, or even losing your business.
Keep up with Features
Patches can contain new features, adding new functionality or extending support for additional platforms. For organizations this often translates into opportunities to improve or extend their services.