Why are penetration tests crucial to your application’s security?
With the proliferation of increasingly sophisticated and complex IT systems, security has become a priority for most businesses. Here’s why penetration testing is essential for ensuring the security of your application.
Cyber-attacks – a threat that comes at a cost
New technologies and tools are continually being introduced to the market, adding complexity to applications. However, unfortunately, with every solution comes a potential vulnerability.
The Cost of a Data Breach report by IBM published in 2022 indicates that for 83% of companies, data breaches are not a question of if but when.
According to the study’s authors, a data breach typically costs $4.35 million – the highest estimate ever.
Brand trust is crucial for business success. According to PwC’s 2021 survey, 85% of customers believe data security is essential in their purchasing decisions.
Penetration tests help identify and fix potential vulnerabilities before ill-intentioned individuals exploit them. Hence, performing them is absolutely vital for maintaining high-security levels.
Penetration testing saves time and money!
Development teams, even the best ones, can make mistakes during application implementation. Specialist teams and testing tools help identify and fix problems quickly. In turn, necessary fixes can be expedited, and incident risk minimized. Consequently, potential data breaches and attacks are significantly reduced.
It is also worth noting that many industries are subject to regulations requiring companies to conduct periodic penetration tests.
A good example is GDPR, or General Data Protection Regulation. A business can comply with such regulations by conducting penetration testing and preventing hefty fines.
Trust but validate, as the old saying goes. Penetration tests help to ensure that security measures work as intended. They also check the security team’s preparedness for various attack scenarios.
Test your application with Solwit!
They have tested hundreds of applications over ten years. As an ISTQB Platinum Partner, they work to the highest software testing standards and have CEH-certified engineers in our ranks.
Bear in mind that penetration testing is an essential component of application security.
With Solwit’s team, you can rest assured that your digital products are safe online. Are you in need of penetration testing? Get in touch and set up a free consultation.