Vulnerability Management is the structured process of identifying, assessing, prioritising and remediating security vulnerabilities in IT systems.
The vulnerability management process
A complete vulnerability management process covers: (1) discovery — identifying every vulnerability through scanning and threat intelligence, (2) assessment — evaluating severity (CVSS score, exploitability, context), (3) prioritisation — risk- and context-based remediation order, (4) remediation — patching, configuration change or workaround, (5) verification — confirming successful remediation, (6) reporting — documentation for compliance and management.
Not every vulnerability can be fixed at once. 360TPRM automatically prioritises by severity, exploitability and supplier criticality.
Vulnerability management at suppliers
In a TPRM context, externally visible vulnerability management is measurable: how quickly does a supplier patch critical CVEs? How many unpatched vulnerabilities do they have? Is their patch status improving or deteriorating? 360TPRM monitors these indicators daily for every supplier.
The average patch time for critical vulnerabilities across industries is 60+ days. Attackers often exploit known CVEs within hours of publication.
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Monitor vulnerability management at suppliers
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