Promotes IT Security and Penetration Testing Costs Promotes IT Security and Penetration Testing Costs

In the world of software, the most important tools are often technology based. Where that is true, provides the competitive edge needed by most companies.  In the past two decades, there has been no area of advancement that has affected every industry in the same capacity as technology. In almost all sectors of software security, technology has changed the way people communicate, market, keep records, produce, design and sell.

Cybersecurity has become one of the most discussed topics in the globe. As more companies are digitizing their businesses, there is an increased breach of security. According to Inc companies lose over 400 billion dollars a year due to hackers. While there are numerous ways that your system can be compromised, investing in high-quality technologies can shield you from hackers. One tool that has stood the test of time is penetration testing. This is the process of identifying possible frailties within a website, application or system. This process is ideal in protecting your system from being accessed by an unauthorized person.

Hacken hub states that in 2017, the corporate world experienced over 50 percent of cyber-attacks which was a rise from subsequent years. While penetration testing may slightly increase your security budget, it is an ideal way to stay one step ahead. While the statistics are mind blowing, you are probably wondering why IT departments miss basic IT security hygiene. Well, while most people assume that cyber-attacks are sophisticated, research shows that hackers use basic skills to infiltrate networks. By simply opening an infected email, you have opened the doors for a hacker to scour through your system for anything worthy. 

Cobalt argues that losses made through cybersecurity can be extremely high and can ultimately cause the company to register as bankrupt. A good example is the Equifax breach. In September of 2017, the company was hacked and sensitive information on over 150 million clients stolen. By the end of 2017, the company had registered a 275-million-dollar loss. By end 2018, it was estimated to reach 439 million dollars. Out of these losses, only 125 million dollars could be covered by the insurance, leaving the company at risk of closure. 

Penetration testing is the only solution that has proven ideal in safeguarding companies from breaches. It includes network testing, wireless testing, payment card industry testing and application testing. For application testing, vulnerabilities can arise from either internal or external breaches. The process starts at 2000 dollars, and it is dependent on the role of the application and why the testing was carried. Network testing involves firewall bypass tests and DNS attacks. Depending on its complexity, a pen test can vary in length and price. However, prices begin at 4000 dollars. When it comes to payment card industry testing, the pen test looks to protect sensitive card data. For more information on penetration costs, you can try this site.

Hacken Hub continues to estimate that between 2017 and 2021, companies will have used over 1 trillion dollars to shield their systems from attacks. Currently, only 38 percent of companies are ready for any attacks. Industries that should be wary of the threat include energy, retail, and wholesale, healthcare, aviation, communication, and media.

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