While a lot of attention is devoted to the mitigation of previously unknown attack methods ("0 days"), many of today's high-profile breaches are caused by "Known Vulnerabilities" in the application's components, also referred to as "vulnerabilities in third-party components." Attackers are quickly moving to exploit applications built with vulnerable components and are inflicting serious data loss and/or hijacking entire servers in the process. The rising popularity of third-party components in application development enables attackers to quickly and repeatedly locate and exploit vulnerabilities in application components - making these attacks widespread and extremely hazardous. This presentation will: (1) explore the recent growth of "Known Vulnerabilities" and examine the scope of the problem (2) examine how attackers are able to quickly "weaponize" these vulnerabilities for immediate profit (3) reveal techniques for limiting the damage resulting from "Known Vulnerabilities" exploitation.
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