As open-source code makes up a greater portion of codebases than ever, it is important to ensure that the libraries we use in our applications are secure and tested technologies. You should be aware of known vulnerabilities in libraries utilized by your application and take the appropriate course of action to resolve and/or mitigate those vulnerabilities.
Useful links for understanding 3rd part library securty risks:
https://nvd.nist.gov/vuln/search