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5 Key Business Benefits Of a Penetration Test

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You may know basic security measures to improve your website security, but what are the specific business benefits of penetration testing? Why should a penetration test be part of your overall success plan or winning strategy as a business? Among other things, integrating penetration testing into your cybersecurity strategy can help reduce your operations costs and protect your company’s reputation.

Moreover, penetration testing can not only help you better manage risks by identifying and addressing vulnerabilities in your systems, but also aid in your compliance with various regulations. Maintaining compliance means that you will avoid any legal implications and penalties that might come as a result of failing to meet the given requirements.

Here are five key business benefits of a penetration test:

1. Avoid the costs of a cyberattack

By identifying vulnerabilities in your systems and networks early on, penetration testing will help you reduce the chances of a successful cyberattack on your systems. A 2015 Verizon Data Breach Report stated that regular penetration testing could help reduce the risk of a successful cyberattack by up to 70%.

In other words, penetration testing can help you avoid becoming part of the growing list of businesses that get targeted by a costly cyberattack. According to the National Cyber Security Alliance, 60% of small businesses experiencing a cyberattack go out of business within six months of a cyberattack.

2. Improve your cybersecurity posture

A penetration test will help you understand where your security controls are effective and where they need improvement. This information is vital in building an improved cybersecurity posture for your business because it helps you focus your resources on the areas that need the most attention. For example, if penetration testing reveals that your systems are vulnerable to SQL injection attacks, you can invest in resources to mitigate this type of attack.

Whether your platform is hosted on your external network or cloud infrastructure, penetration testing will help you protect it as your most important business asset.

3. Avoid regulatory compliance fines

Many industry regulations, such as PCI-DSS and HIPAA, require regular penetration testing as part of an organization’s cybersecurity program. 99% of the organizations surveyed in a Core Security report said they used penetration testing to maintain their compliance to regulations, avoiding costly fines and penalties while protecting their reputation.

4. Test your incident response plan

In the event of a successful cyberattack, having a well-tested incident response plan can help minimize the damage and get your business back up and running in no time. Penetration testing can help you fine-tune your incident response plan by simulating a real-world attack and identifying any weaknesses in your plan. It can also help you understand how long it would take to detect and respond to an attack.

5. Protect your brand and reputation

In today’s digital age, news of a successful cyberattack spreads quickly, and it can be difficult to recover from the damages. Penetration testing can help you avoid the negative publicity associated with a cyberattack by identifying vulnerabilities before an attacker has a chance to exploit them. Taking the steps to be a reputable secure organization for handling confidential or sensitive data will help you build trust with clients and partners.

Wrapping up

For many reasons, penetration testing is a value driver from the moment you make it part of your overall strategy as a business. Whether for your organization, clients, or partners, regular penetration testing of your systems will prove an invaluable asset for peace of mind and continued success. When penetration testing allows you to stay one step ahead of the new, emerging cyber threats, you’re not just meeting the minimum requirements, you’re also securing a competitive advantage.

Contact us if you need help improving your network, application, or cloud security.

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