You may not realize it, but the more outdated your software is, the easier it is for cyber attackers to exploit the vulnerabilities and weaknesses in the software you use every day. This software may run your laptop, could be the mobile apps you use on your smartphone, or perhaps even the software in your baby monitor or other devices in your home. Bad guys take advantage of these software weaknesses allowing them to remotely break into devices around the world.
Take a look at this article published by the SANS Institute to learn more about security awareness and understand what updating your software can do for you.