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World of Software > Software > The Critical Role Of Software Asset Management In Fortifying Security
Software

The Critical Role Of Software Asset Management In Fortifying Security

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Last updated: 2025/02/14 at 9:14 PM
News Room Published 14 February 2025
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Pre -Rank – Technical fellow in Cybersecurity and identity management.

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In today’s digitally driven world, organizations face a constantly evolving threat landscape, from sophisticated ransomware attacks to vulnerabilities in the software supply chain. These threats put sensitive data and critical operations at risk, underscoring the urgent need for robust cybersecurity measures.

One often overlooked but critical component of cybersecurity is software asset management (SAM). By managing, monitoring and securing software assets, organizations can bolster their defenses and minimize exposure to cyberattacks.

With my extensive experience in cybersecurity and identity access management (IAM) across industries like healthcare and financial services, I’ve seen firsthand how SAM plays a pivotal role in reducing vulnerabilities and enhancing security.

What Software Asset Management Involves

SAM is more than just tracking software; it’s a strategic framework for managing software throughout its lifecycle—procurement, deployment, usage and decommissioning. It ensures compliance, optimizes software use and proactively removes outdated applications.

During my work in a healthcare organization, I dealt with “shadow IT,” where employees installed unauthorized software, creating cybersecurity risks. Implementing a robust SAM strategy eliminated shadow IT and provided centralized visibility, enabling proactive security measures. Without SAM, organizations are often ignorant of lurking vulnerabilities.

The Perils Of Neglecting Software Asset Management

Neglecting SAM exposes organizations to significant risks:

1. Unpatched Vulnerabilities: According to a Ponemon Institute report, 60% of data breaches stem from unpatched vulnerabilities. Without SAM, unmanaged applications miss critical updates, creating gaps for attackers.

2. Shadow IT: Gartner reports that up to 40% of IT spending goes toward shadow IT, leading to security gaps. I’ve seen how unauthorized software introduces outdated apps and non-compliant tools.

3. License Non-Compliance: Non-compliance can lead to fines and malware risks from counterfeit software.

4. Supply Chain Vulnerabilities: Incidents like the one involving SolarWinds highlight the risks of deploying compromised third-party software without proper SAM oversight.

How SAM Fortifies Cybersecurity

A well-implemented SAM framework strengthens cybersecurity through:

1. Centralized Oversight: SAM provides visibility into all software assets, enabling organizations to identify and remove unauthorized or outdated applications.

2. Streamlined Patch Management: Accurate software inventories automate patching, ensuring timely updates and closing security gaps.

3. License Compliance: SAM ensures adherence to licensing agreements, reducing legal risks and preventing the deployment of malicious counterfeit software.

4. Zero-Trust Integration: SAM enforces strict access controls and aligns with zero-trust principles to prevent unauthorized software usage.

5. Enhanced Incident Response: During a ransomware attack, SAM tools helped my team identify affected software and contain the threat quickly.

Based on my experience, implementing effective SAM requires several interconnected steps. The foundation begins with comprehensive software asset audits to identify shadow IT and outdated applications across the organization. This audit process naturally leads to automating critical functions like patching and compliance checks, which not only saves valuable time but also reduces the risk of human error in these essential tasks.

Success in SAM implementation heavily depends on cross-functional collaboration, particularly between IT, procurement and security teams, ensuring that all efforts align with broader organizational objectives. Employee education plays an equally crucial role—by developing robust training programs, organizations can foster a culture of secure software usage.

This approach has proven highly effective, as demonstrated by one healthcare organization I worked with that achieved a 70% reduction in shadow IT through targeted employee training initiatives. Finally, investing in advanced SAM tools enables real-time monitoring of software environments, allowing organizations to proactively address vulnerabilities before they become serious issues.

Building A Robust SAM Framework

Success in SAM hinges on more than just tools and policies—it requires employee buy-in. By educating employees and fostering a security-conscious culture, organizations can maximize the benefits of SAM. In my projects, training and awareness initiatives often proved to be the most transformative elements of SAM implementations.

To build an effective SAM framework:

• Establish clear policies for software acquisition, usage and decommissioning.

• Use advanced SAM tools to maintain visibility and manage risks.

• Conduct regular audits to optimize software usage and ensure compliance.

• Promote collaboration across IT, procurement and security teams to align goals.

Conclusion

In today’s rapidly evolving threat landscape, software asset management isn’t optional—it’s essential. SAM provides more than just operational efficiency; it empowers organizations with comprehensive visibility, ensures compliance and enables proactive risk mitigation.

From my own experience, I’ve seen how prioritizing SAM can optimize software usage, reduce costs and fortify cybersecurity defenses. As cyber threats grow increasingly sophisticated, SAM’s significance will only continue to rise. Organizations that invest in SAM today are positioning themselves to stay ahead of tomorrow’s challenges, building resilience, reducing vulnerabilities and safeguarding their critical systems and data.

SAM is a cornerstone of a robust cybersecurity strategy and a critical component in the battle against cyberattacks.


Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?


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