What it asks for. The organisation must scan systems and hosted applications for vulnerabilities on a defined schedule and when new vulnerabilities are reported, use tools that support standard formats, analyse the results, fix legitimate findings within defined response times and share what it learns.
In practice. This means authenticated scanning of infrastructure, container images and web applications, with results feeding a ticketing process prioritised by severity, exploitability and asset criticality. Auditors want to see scan schedules, coverage against the inventory, trend reports and evidence that findings are closed or formally accepted. CIS Control 7 and ISO/IEC 27001 technical vulnerability management carry the same idea.
Common gaps. Common shortfalls are unauthenticated scans that miss most issues, scanning only part of the estate, and large backlogs of known findings with no owner. Cloud assets that appear and disappear between scans are often never assessed.