Is your application secure? Five reasons why you need penetration testing

In today’s world, where web-based applications and services play a crucial role in business, it is incredibly vital that your application provides users with the highest level of security.

Here are five reasons you need to conduct penetration testing of your application.

1. To protect company data and reputation

The cost of data breaches for your business is both financial and reputational. The 2021 Cybersecurity Ventures report predicts global cybercrime losses will rise to $10.5 trillion by 2025.

It’s not only time to fix the issue but the cost and the upgrades needed besides putting things right.

Read to discover more information about penetration testing and how it can benefit your business.

2. To adapt to changing risk landscapes

Cybercriminals continuously develop new attack methods, so companies must stay ahead. Using penetration testing, you can continually assess your systems for new threats in order to adapt to these changes.

Seventy-six percent of companies have experienced an IT attack in the past 12 months, according to a Ponemon Institute study in 2020.

Penetration testing is one of the many types of testing, it identifies and fixes potential vulnerabilities before they are exploited by criminals, minimizing the risk of a security breach and protecting a company’s reputation.

3. Regulatory requirements and compliance with regulations

A number of industries must comply with specific regulations, such as the General Data Protection Regulation (GDPR) in the European Union or HIPAA (Health Insurance Portability and Accountability Act) in the United States. A penetration test helps companies keep up with these regulations, lowering the risk of financial penalties and compromising customer trust.

4. Security efficiency and optimization

There are at least 84% of companies whose systems are vulnerable to security threats, according to a 2019 SecurityScorecard survey.

By conducting penetration tests, you can assess the effectiveness of your current security measures and identify areas for improvement. Security can be enhanced through regular penetration testing, resulting in more efficient and secure systems.

5. Decision-making support

Performing penetration tests can help business owners make better resource allocation, investment, and security strategy decisions.

ESG (Enterprise Strategy Group) conducted a survey which revealed that 64% of companies admitted penetration testing provided valuable decisions that aided them in better understanding risk and planning their operations.

Don’t wait any longer – invest in penetration testing to ensure your application is secure and your brand is trustworthy.

Reach out to security experts to learn how to secure your application against attacks and threats.