Vulnerability management has become a critical aspect of application security. The consequences of inadequate vulnerability management can be severe, as demonstrated by several high-profile breaches. In 2021, the Equifax data breach, caused by an unpatched Apache Struts vulnerability (CVE-2017-5638), resulted in a $700 million settlement after exposing sensitive data of 147 million people. 

More recently, in 2022, the compromise of LastPass’s development environment through an unpatched Plex vulnerability led to the theft of password vaults, causing significant reputational damage and customer exodus. The 2021 exploitation of the Log4Shell vulnerability (CVE-2021-44228) affected companies like Microsoft, Amazon, and Apple, with estimated remediation costs exceeding $10 billion globally.

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