As Software Migrates to Cloud, IT Spending Waste Follows
Unneeded, surplus and uncatalogued IT assets are the targets of enterprise budget managers. As organizations move workloads out of on-premises data centers to the cloud, identifying sources of overspending is leading IT asset managers to examine cloud assets. In a recent survey, 40% of respondents indicated that identifying overlapping software and finding ways to get the most value out of license use rights were priorities. While tracking traditional software usage remained the most common responsibility of asset management teams, the proliferation of cloud services is driving a realignment in priorities. IT asset management teams are rapidly working to reduce in cloud-based software bloat. Nearly 50% of respondents expressed concerns about containerized applications deployed in hybrid ecosystems. In addition, the number of respondents focused on cloud-based software grew by 10 percentage points year over year. A robust IT asset management solution that can measure and identify cloud asset can be a key tool in controlling cloud costs.
Click here to read moreShadow IT Is Increasing And So Are The Associated Security Risks
CISOs continue to contend with shadow IT, that is technology that operates within an enterprise but is not officially sanctioned by, or on the radar of, the IT department. Unvetted software, services, and equipment can be nightmare fuel for the security team. Shadow IT potentially introduces a variety of vulnerabilities, entry points for bad actors, and malware. In fact, the problem may even worsen. Gartner found that over 40% of employees acquired, modified, or created technology outside of IT s visibility in 2022. The firm expects that number to climb to 75% by 2027. Meanwhile, Capterra s 2023 shadow IT and project management survey found that nearly 60% of small and midsize businesses have had high-impact shadow IT programs occurring outside of their IT departments. A fully functional IT asset management system can identify shadow IT and become a valuable tool in reducing cyber-vulnerabilities.
Click here to read moreSaaS Sprawl Muddies Software Contracts, Risks Compliance Gaps
According to a recent ITAM report published by Flexera the broad move to cloud-based software has made the process of managing enterprise IT assets more complex. As cloud solutions proliferate, IT asset managers are struggling to track of all the corporation s software assets. Less than fifty percent of the IT asset managers surveyed by Flexera reported they could accurately track usage, rightsize contracts and control cost. Although the number of vendor audits didn t increase year over year, IT asset managers are examining the fine print of cloud-based software contracts. Brian Adler, senior director of cloud market strategy at Flexera, noted that The more complex the licensing scheme, the more likely you re going to have noncompliance problems. An IT asset management tool that can manage and track SaaS applications can make identifying those assets significantly easier.
Click here to read moreIf Your Cloud Mix Isn t Working, Tweak The Recipe
Currently, many organizations are reexamining their cloud usage and the costs associated with it. According to IDC estimates over 60% of organizations are spending more on cloud than initially budgeted. Widespread adoption of cloud-based collaboration platforms often resulted in a multicloud by default approach without a clear strategy to support workload needs. Now, Organizations are looking at to optimize their existing resources, enable greater visibility into cloud-based resources and control spend. A well-thought-out cloud strategy will assist in maximizing resources, optimizing operations and driving innovation. A coherent cloud strategy involves assessing the current IT infrastructure, identifying which applications to move to the cloud and determining the best migration strategy. A comprehensive IT asset management tool with cloud management capabilities can be a key tool on optimizing cloud budgets and implementations.
Click here to read moreDesk Workers Use Nearly Twice As Many Apps As They Did In 2019, Gartner Finds
It is axiomatic that the right digital tools enable employees to be more efficient, an excess of systems can lead to data gridlock. Tori Paulman, senior director analyst at Gartner, noted that Digital workplace leaders need to create a process for their employees that enables them to agree on applications they use to accomplish work. Employees feel the impact of an expanding catalog of digital tools. To complicate matters, mixed in the field of enterprise apps is shadow IT, which, according to a Zylo report, comprises over 30% of enterprise applications fall in this category. A robust IT asset management solution can help CIO s better manage their deployed software and standardize on applications.
Click here to read moreHow To Reduce Tech Bloat in The Enterprise
As so many enterprises operate globally, technology bloat has become not only a burden to most CIOs and CISOs, but a significant security risk. The sheer number of applications makes governance nearly impossible and can also be a significant drain on the IT budget. Eliminating redundant technology is the obvious first tactic, but the mistake many too many tech leaders implement a one-time app-consolidation effort but do not follow-up. Software bloat creeps back in, and at some time organizations end up with too many apps and a lack of centralized governance around them. An IT asset management solution can help identify excess software licenses, redundant software and shadow technology, thus helping to optimize spending.
Click here to read moreMicrosoft Patch Tuesday: 40 Vulnerabilities, 2 Zero-Days
Microsoft s recent patches and updates address the elevation of privilege and remote code execution bugs, information disclosure vulnerabilities, along with denial-of-service, and security feature bypass flaws. In addition to the 40 Microsoft-specific vulnerabilities, the release notes address nine Chrome security defects that the tech giant is now addressing. Some of the important vulnerabilities patched inn these updates include remote code execution flaws in Windows Network File System (CVE-2023-24941), Windows Pragmatic General Multicast (CVE-2023-24943), and Windows OLE (CVE-2023-29325). The tech giant also resolved CVE-2023-24955, a remote code execution flaw in SharePoint Server. An IT asset management tool can help identify unpatched and thus vulnerable systems.
Click here to read morePC Demand Keeps Falling As Enterprises Defer New Orders
The surge in demand for laptops and workstations that was driven by the pandemic subsided lain 2022. Business leaders cut back purchases amidst the threat of recession, persistent inflation, rising interest rates and low levels of unemployment. During the first three months of the year shipments were noticeably lower than the number of units shipped during the same period in 2019 and in Q1 2018. Gartner now expects total IT spend to reach $4.6 trillion in 2023, a year-over-year increase of just over five percent. However, segment that includes PCs and laptops is forecast to contract by nearly 5% in 2023. IDC doesn t expect the market to rebound fully until 2024. By then many aging devices will be due for a refresh. That said, if concerns of a recession spill over into next year, recovery might be slower than expected. As the age of the infrastructure increases, it is more critical than ever for IT professionals to have a full understanding of what devices and software versions are deployed. A robust IT asset management is a key tool in achieving that goal.
Click here to read moreShadow IT Accounts for More Than One-Third of Enterprise Apps: Report
In addition, the report shows that over half of SaaS purchases are not properly categorized as software within expense platforms. According to Brian Adler, senior director of cloud market strategy at Flexera, wasted budget generally comes from oversubscription, unused subscriptions or over-purchasing software. Adler said There s been a lot of attrition, particularly in the tech industry lately, and oftentimes these SaaS subscriptions are associated with seats or a particular person. When that person leaves, if you don t have good onboarding and offboarding processes in place, these seats can linger and go unused. An IT asset management solution that can manage SaaS applications and reconcile usage can greatly improve software spend efficiency.
Click here to read moreUnpatched Old Vulnerabilities Continue To Be Exploited: Report
The top five exploited vulnerabilities in 2022 include high-severity flaws in Microsoft Exchange, Zoho ManageEngine, and Fortinet, Citrix and Pulse Secure virtual private network solutions. The Tenable report indicated that four most exploited vulnerabilities in 2022 were Log4Shell, Follina, Atlassian Confluence Server and Data Center flaw, and ProxyShell. CIOs can identify un patched systems using their IT asset management solutions.
Click here to read morePatch Tuesday: Microsoft Warns of Exploited Windows Zero-Days
Microsoft s issued software updates to fix at least 76 vulnerabilities in Windows and OS components. The software giant is warning that some of the bugs have already been exploited in the wild. Microsoft posted critical-severity ratings on seven of the 76 bulletins. It warned users that these issues could result in remote code execution attacks targeting Microsoft Word, Visual Studio and the Windows iSCSI Discovery Service. The company also distributed important-severity updates for Microsoft Defender, Microsoft Exchange Server, Microsoft Dynamics, 3D Builder, Sharepoint and Microsoft SQL Server. IT managers can utilize the information from their IT asset management tools to identify vulnerable and unpatched systems.
Click here to read moreWindows 7 Extended Security Updates, Windows 8.1 Reach End of Support
On January 10, 2023, Microsioft ended support for Windows 7 Extended Security Updates (ESU) and Windows 8.1. Windows 7 reached end of life on January 14, 2020. However, Microsoft provided customers the option to continue receiving important security updates through its ESU program. ESUs will no longer be available for purchase after January 10, 2023. Windows 8.1 support also ended January 10, 2023,. Computers with this version of Windows will continue to function, but will no longer receive technical support, software updates and, importantly, security updates or patches. Microsoft will not be offering an ESU program for Windows 8.1. Microsoft warned users that Continuing to use Windows 8.1 after January 10, 2023 may increase an organization s exposure to security risks or impact its ability to meet compliance obligations. System administrators can utilize the information from their IT asset management tools to identify systems running obsolete software.
Click here to read moreFive Key Considerations for Improving IT Supply Chain Security
Many organizations do not maintain a comprehensive and current inventory of products, capabilities and services obtained from third-party IT providers. With the prevalence of cloud services, open-source software and multitiered service providers, organizations can easily lose track of what equipment, software and services have been acquired from various vendors. It is critical for an organization to be able toto identify the applications, services, solutions, infrastructure and data they rely on for day-to-day operations. A configuration management database (CMDB) is often the ideal repository for the storage of technical details of all third-party IT products and capabilities operating within the organization. IT personnel can then use the CMDB to identify if and where an organization is vulnerable to an exposure if third-party vulnerabilities are made evident. The CMDB should also include dependency data on the business processes with which the products and services interact. This information will enable the organization to make any risk-based decisions regarding protective and remedial actions needed to mitigate the risk posed by identified vulnerabilities.
Click here to read moreOrganizations Warned of Attacks Exploiting Recently Patched Windows Vulnerability
The US Cybersecurity and Infrastructure Security Agency (CISA) reported that a newly patched Windows Print Spooler vulnerability has been exploited in attacks. The vulnerability, which is tracked as CVE-2022-22718, was addressed by Microsoft with its February 2022 Patch Tuesday update. However, according to Microsoft, CVE-2022-22718 can be exploited by a local attacker to escalate privileges without t any user interaction. CISA noted that the vulnerability to its Known Exploited Vulnerabilities Catalog, which includes almost 650 exploited flaws. CISA advises all organizations to prioritize the patching of the vulnerabilities included in this catalog. Many IT professionals consider CISA s catalog to be a Must Patch list. An IT asset management solution can provide IT management with detailed information on the patch status of each device in the network.
Click here to read moreMicrosoft Patches 128 Windows Flaws, New Zero-Day Reported by NSA
According to tracking data from Zero Day Initiative (ZDI), Microsoft patched 128 new Windows vulnerabilities in April of this year. The April patches cover serious vulnerabilities in Microsoft Defender, Microsoft Dynamics, Exchange Server, Microsoft Office, SharePoint Server, Windows Hyper-V, DNS Server, Windows App Store, and Windows Print Spooler Components. ZDI researchers are urging Windows administrators to prioritize the zero-day update along with a handful of critical bugs that could result in worm attacks. These include CVE-2022-26809 (CVSS 9.8), a vulnerability that can enable an attacker to execute code at high privileges on an affected system. An IT asset management solution can provide IT management with detailed information on unpatched or vulnerable systems.
Click here to read moreShadow IT Is Evolving as Businesses Sanction More Apps
According to Gartner, with the growth of Software-as-a service (SaaS), shadow IT in the traditional sense, is on the decline. This trend has because IT has either sanctioned a group of useful SaaS tools that it does not provide directly, or business units are requesting IT's clearance to use a new service. Lane Severson, senior research director at Gartner, noted that "It's clear that we are moving away from shadow IT in the classic sense and moving into the era of business-led IT where workers are making decisions about what apps they want to use to get their job done. But they are working with IT to make sure those apps are sanctioned. They aren't just buying random cloud applications and expensing them as much as they were pre-COVID[-19]." Rob Zahn, CIO at AAA of Ohio concurred, stating that The idea of business-led IT has some validity to it. During the pandemic, everyone was asking for IT's help. Because of that, the incidents of people using unsanctioned apps actually went down in his organization
Click here to read moreCIOs Tout Guardrails as Prevention For Shadow IT Woes
Business unit technology acquisition frees CIOs from technology minutiae, creating more time to focus on strategy. However, compliance gaps and security and vulnerability concerns persist. Sheila Jordan, chief digital technology officer at Honeywell, noted that every SaaS software application the business unit acquires can have implications for the business if no one oversees the data flow. One approach is to place guardrails around the use of technology, prioritizing the key priorities credo while protecting the company's assets. Successful shadow IT deployments operate in an environment with centralized governance. Business unit technology acquisitions are inevitable, but technology leaders can use governance to reduce risk. On effective governance tool is a fully functional IT asset management tool, which can identify unauthorized ort on-standard software acquisitions.
Click here to read more7 Old Attack Vectors Cybercriminals Still Use
Targeting old, identified vulnerabilities is a common practice used by attackers. Known vulnerabilities can be exploited for years if they are not patched, Forrester analyst Allie Mellen noted that, A classic example of this is the exploit EternalBlue. Despite patches being released for the vulnerability in March of 2017, the exploit was used in May of 2017 by the WannaCry ransomware, then again in June of 2017 in the NotPetya cyberattack. This is why patching systems quickly and effectively is so important. Ryan Linder, risk and vulnerability engineer at Censys said that the exploit affects the Server Message Block (SMB) protocol. Today there remain over 200,000 systems exposed to the internet which support SMBv1 (created in 1983). Too many companies fail to keep their software up to date, leaving them vulnerable to critical exploits. and even when exploits are disclosed publicly, many still fail to patch their systems. An IT asset management solution is an effective tool to identify unpatched and vulnerable systems.
Click here to read moreApple Patch Day: Gaping Security Holes in iOS, macOS, iPadOS
Apple also released software updates to address security vulnerabilities in macOS (Catalina, Big Sur, Monterey), tvOS, WatchOS, iTunes and Xcode. At least five of the iOS/iPad vulnerabilities could lead to remote code execution attacks. An iPhone user would need to open a malicious PDF file or view malicious web content to enable the attack. According to Apple, the newest iOS 15.4 and iPadOS 15.4 address multiple memory safety issues in several OS components. IT p[professionals can utilize their IT asset management tools to identify unpatched systems.
Click here to read moreShort-Term Defense Strategies Against Russian Cyberaggression
To companies that haven t prioritized cybersecurity, one wonders whether frequent alerts from the government may go unnoticed. But what if the overall level of cyberaggression does spike so such that businesses must address the issue pay? When the intrusion alarms go off, advice about running cybersecurity drills, installing new security tools and encrypting data will be no help. A panel experts made a list of cybersecurity preventative actions a business could reasonably complete in about five business days. Matt Gyde, chairman and CEO of Foresite noted that Patching is the single most important security process an organization can do to drastically improve their security posture. Threat actors are lazy, so they go for the easiest approach. If a threat actor knows that your front door is unlocked [you have a clear vulnerability]. Gyde continued to say that Besides aggressively patching all systems in the environment, the best thing to do is to have robust monitoring of the environment. You cannot defend what you cannot see, and every organization has black holes of rogue IT within them. Every asset must be monitored. A robust IT asset management solution can easily identify unpatched systems and inventory every device and software application on the network
Click here to read moreShadow IT Is Evolving as Businesses Sanction More Apps
IT departments were unprepared to support thousands of remote employees after Covid-19 forced workers out of the office. However, with nearly everyone working from home (WFH) the tools employees relied on were not as effective when accessed from outside the corporate network. Consequently, WFH employees sourced the needed software themselves. However, according to Gartner, shadow IT, in the traditional sense, is on the decline. In many cases IT has either sanctioned a wide array of useful SaaS tools for individual or departmental use, or the business units are asking IT's permission to use a new service. Lane Severson, senior research director at Gartner noted that "It's clear that we are moving away from shadow IT in the classic sense and moving into the era of business-led IT where workers are making decisions about what apps they want to use to get their job done. But they are working with IT to make sure those apps are sanctioned. They aren't just buying random cloud applications and expensing them as much as they were pre-COVID-19." IT asset management tools are an effective way for IT to monitor exactly what is running on the network, both for on-premises and remote workers.
Click here to read moreUnpatched Vulnerabilities Remain Primary Ransomware Attack Vector
A recent report by Ivanti ,working with Cyware and Cyber Security Works, determined that cyber-criminals continually leverage unpatched vulnerabilities as their main ransomware attack vector,. Researchers discovered 65 new vulnerabilities associated with ransomware in 2021. This number was nearly a 30% growth compared to 2020. More than a third of those new vulnerabilities were being actively searched for on the internet. This fact further empasizes the need to prioritize patching. The report noted that Unpatched vulnerabilities are the main attack vectors that ransomware groups exploit to gain entry into vulnerable networks. However, our research also identified ransomware groups expanding their focus to not just single unpatched instances but to combinations of vulnerabilities, vulnerable third-party applications, technology protocols, and even insider recruiting as a means to take that first step in launching an attack. IT asset management solutions are a first line of defense in identifying vulnerable systems and software.
Click here to read moreBLS: More Than One-Third of Employers Embraced Telework Due To The Pandemic
According to a recent U.S. Bureau of Labor Statistics (BLS) report, since the start of the pandemic more than 30% of private-sector employers increased telework for some or all employees. The study included data from over 80,000 private-sector employers between July of2 021, and September of 2021. In addition, 25% of private-sector employers offered flexible or work hours. Over the past 2 years, many reports indicated that remote and hybrid work would be become a more permanent model for many employees. The BLS confirms that observation. The BLS survey showed that employers that increased telework, 60% and they expect it to be a permanent change. The move to remote work further underscores the need for IT asset management tools that can identify devices and software in corporate and distributed networks.
Click here to read moreNearly One-Third of SaaS Spend Goes to Waste, Survey Says
According to Flexera's State of ITAM 2022 report, almost thirty percent of SaaS software spend is underutilized or wasted. The survey included 465 global IT professionals at companies with 1,000 or more employees. Companies also have difficulty managing desktop software. The report noted that employees estimated that over thirty percent of the company s spend in this category is either underutilized or wasted. Only one-third of surveyed IT asset management teams said that they currently SaaS usage, and almost half of respondents plan to start tracking SaaS usage. Most respondents noted that their main priority is responding to audits. Clearly, an IT asset management solution that can help manage cloud services, especially SaaS, will yield real benefits to the IT organization.
Click here to read moreVMware Plugs Security Holes in Workstation, Fusion and ESXi
Tracked as CVE-2021-22045, the vulnerability exists in the CD-ROM device emulation function of Workstation, Fusion and ESXi. Disabling or disconnecting the CD-ROM/DVD devices on all running virtual machines should prevent any potential exploitation. CVE-2021-22045 affects ESXi 6.5, 6.7, and 7 versions, Workstation 16.x, and Fusion 12.x. VMware Cloud Foundation (ESXi) 4.x and 3.x are affected as well. IT managers can use their IT asset management tools to identify vulnerable and/or unpatched systems.
Click here to read moreRecognizing the Customer s Responsibility in a Shared Responsibility Model
Every industry, regardless of its size, is working to realize the benefits of the cloud. However, it is crucial to align the cloud strategy with the business goals and desired outcomes. From a security standpoint, it s also important to be aware of the regulatory and compliance requirements and how they can be achieved using cloud platforms. It is naive to believe that the cloud provider is entirely responsible for its customers security. Too many enterprises are failing to address how their employees use external applications, leaving them free to share huge amounts of proprietary information. A cloud providers Software as a Service (SaaS) model does not mean IT does not need a holistic program that covers people, processes, and technology. A fully functional IT asset management solution that helps manage cloud applications and vendors provides a good platform to fgain control over cloud assets.
Click here to read moreCritical, Wormable Microsoft Vulnerability Could Lead to Cyberattacks
One vulnerability, labeled CVE-2022-21907, is a remote code execution (RCE) flaw in the HTTP Protocol Stack. This vulnerability can be enabled in Windows server 2022, 20H2 core, along with Windows 10 and Windows 11 versions. The vulnerability is wormable, as it does not require human interaction to spread its attack surface. Microsoft recommends that organizations prioritize patching this vulnerability immediately. IT managers can utilize their IT asset management software to identify unpatched or vulnerable servers.
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