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https://www.spiceworks.com/it-articles/end-of-life-software-dangers/
In summary, end-of-life hardware and software pose a huge risk to IT departments around the world. However, EOL does not have to spell disaster. With an adequate understanding of the risks involved, advanced planning, and help from tools like network inventory software , you can identify and migrate away from end-of-life hardware and software.
https://fusetg.com/dangers-running-unsupported-operating-system/
Some of these additional costs could stem from: Poor system migration planning to move off unsupported software, legal actions from customers or Government, increase in maintenance costs due to running older software, and perhaps the most destructive, losing customers from bad PR. Avoid the risk and migrate to a supported operating system.
https://www.techrepublic.com/article/tech-tip-understand-the-risks-of-obsolete-and-unsupported-software/
Sooner or later, Microsoft will discontinue support, and companies will eventually have to upgrade to a newer version of Windows. Outdated and unsupported software will always necessitate additional security considerations, but saying that all obsolete software is a security risk is wrong.
http://techgenix.com/risk-running-obsolete-software-part1/
This article looks at how the software support lifecycle works, some of the reasons that businesses and home users get stuck on decades-old software, why old versions of popular software are like an open invitation to attackers, and how you can mitigate some of the risks if you absolutely must put off upgrading.Author: Deb Shinder
https://blog.trendmicro.com/the-risks-of-end-of-life-software/
Apr 28, 2015 · Aging software can be surprisingly hard to put out to digital pasture, which creates risks for enterprises that host critical business applications on legacy platforms.
https://blog.pa.com.au/infrastructure/risk-running-unsupported-operating-systems/
You should also be aware that not just your old Windows 2003 Server is at risk. Once that server is infected, the chances of a successful attack on other, new servers increases. The same goes if you’re still running Windows XP and older desktop operating systems. Virtualisation support. In 2015 most server workloads are being virtualised.
https://www.abcservices.com/the-risks-of-end-of-life-technology/
The impact from unsecured hardware and software can be monumental and include: costly data loss; exposure of corporate and personnel data; pilfering of trade secrets; network failure and legal action. Hardware support and maintenance risk.
https://searchsecurity.techtarget.com/answer/Does-running-end-of-life-software-lead-to-compliance-violations
Oct 01, 2013 · The auditor is entirely correct. Running software that is unsupported by the vendor not only violates a number of regulatory requirements, but also poses a significant security risk to your organization. When vendors completely discontinue support for a product, they no longer produce patches for security vulnerabilities identified in the product.
https://www.techopedia.com/definition/30050/end-of-support
End-of-support refers to a situation in which a company ceases support for a product or service. This is typically applied to hardware and software products when a company releases a new version and ends support for previous versions. End-of-support is also known as an end-of-support policy.
https://www.castsoftware.com/research-labs/software-risk
Software risk encompasses the probability of occurrence for uncertain events and their potential for loss within an organization. Risk management has become an important component of software development as organizations continue to implement more applications across a multiple technology, multi-tiered environment.
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