Define the risks a firm faces by leaving software unpatched? What risks does it

Define the risks a firm faces by leaving software unpatched? What risks does it face if it deploys patches as soon as they emerge? How should a firm reconcile these risks? 
Compose at least one paragraph with 4 to 6 sentences. 
To receive full credit you must satisfy the following criteria:
Did you articulate the risks for applying and not applying a software patch, at least 4?
Did you articulate how a firm reconciles the risks?

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