Skybox Security Research Lab has released its 2024 Vulnerability and Threat Trends Report, revealing a significant increase in cybersecurity threats, with over 30,000 new vulnerabilities published last year. This equates to a new vulnerability being discovered every 17 minutes.
The report indicates that nearly half of these vulnerabilities were classified as high or critical, creating a “focus gap” for security teams. The overwhelming volume of threats challenges organizations to prioritize effectively, potentially leaving critical risks unaddressed and increasing exposure to cyberattacks.
The CEO of Skybox Security, Mordecai Rosen, stressed the necessity of a comprehensive approach to vulnerability management. He advocated for continuous identification, risk-based prioritization, leveraging existing controls, and ethical cybersecurity practices. This holistic strategy enables organizations to navigate the complexities of modern threats effectively.
One of the report’s key findings is the alarming reduction in the window for vulnerability patching. The mean time to exploit (MTTE) has dropped to just 44 days, with 25% of vulnerabilities exploited on the same day they are disclosed and 75% within 19 days. This rapid exploitation stands in stark contrast to the lengthy 95-155 days typically taken from CVE (Common Vulnerabilities and Exposures) publication to remediation, underscoring the need for swift and effective response mechanisms.
Skybox Security’s findings highlight the urgent need for enhanced cybersecurity practices to combat the growing risks posed by cyberattacks. The report emphasizes the critical importance of timely remediation efforts to protect networks from exploitation, urging organizations to adopt more proactive and resilient cybersecurity strategies.
The number of effective artificial intelligence (AI) invention patents in China reached 378,000 by the end of 2023, representing a year-on-year growth rate of over 40 percent, the country’s top intellectual property regulator released the data on Monday.
“The growth rate in China is 1.4 times higher than the global average,” the China National Intellectual Property Administration (CNIPA) said at a press conference in Beijing.
The AI industry exemplifies China’s digital economy’s robust innovation vitality. Last year, the digital economy’s core industries contributed 10 percent of the GDP.
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In 2023, the number of invention patents approved in China’s core digital economy industries reached 406,000, accounting for 45 percent of the total number of granted invention patents in the country. Moreover, the average annual growth rate over the past five years stood at 21 percent, said Ge Shu, a senior CNIPA official, noting that technological innovations are thriving in the field of digital economy.
He added that by the end of 2023, a total of 155,000 domestic enterprises had obtained invention patents related to the digital economy, an increase of 31,000 compared to the previous year.
