Security risk for using older software?

[max2]

Is there a security risk of using a older version of piece of software on Windows 10 please?

Thanks.

The piece of software is VLC Player the older 2.8 version just works better than 3.0 or 3.1 latest

 

[Mikael H]

Is there a security risk of using a older version of piece of software on Windows 10 please?

Thanks.

The piece of software is VLC Player the older 2.8 version just works better than 3.0 or 3.1 latest

https://www.videolan.org/security/