Information Security Testing - Is Your Business At Risk?
Cyber security is no longer just a technology issue, it is a business one too. Gone are the days when companies could pass the headaches of cyber security to the IT department, as it has become more of a business issue too. Businesses are more digitized, meaning they are exposed to an increasing number of threats if the security risks are not managed properly. Cyber-attacks are estimated to cost the global economy $400 billion every year. In this new era of cyber threats, criminals have turned to attacking online in large numbers, upscaling their campaigns in order to outsmart their victims. These online criminals can endanger a company’s most important assets: data and reputation. With an average cost of data breaches rising exponentially and the frequency of attacks growing, it’s becoming more recognized that cyber defense must stand at the center of the overall approach to this risk. With cyber-attacks becoming the norm, it’s more important than ever before to undertake regular vulnerability scans and penetration tests in order to identify vulnerabilities and ensure, on a regular basis, that the cyber controls are working.
We are witnessing the transformation from a traditional business into a digital one. Customers evolve into digital customers, and demands turn into digital expectations. There is a permanent demand for digital services and information that will always be around. That brings new a approach to a business, which is to provide products and services anywhere, on any device, to make your business available to them 24/7. At the same time, it has to be done in a secure way, protecting valuable business assets, critical data and information, and prevent any misuse from occurring.
The worst situation is to have an exploitable vulnerability within an infrastructure, application, or an insider that you are not aware of. Attackers will be probing your assets even if you are not. This means that breaches, unless publicized by the attackers, can go undetected for months. ICT systems operate in real time, are dynamic, subject to change everyday, and constantly growing in complexity. Knowing the potential threats before they happen will significantly help businesses to manage their security risks more efficiently.
Key Reasons to Conduct Regular IT Security Testing
A penetration testing procedure should be ordered after every significant alteration to your organization’s IT infrastructure at least once a year.
- Highlight the Existing Security Flaws
Penetration testing is the most effective way to test systems and highlight any existing weaknesses in your system configurations and network infrastructure that could lead to data breaches, malicious infiltration, or worse. It helps to perform improvements to the IT systems and overcome any possible security gaps.
- Meeting Compliance with Regulations and Certifications
Industry and legal requirements dictate that a certain level of penetration testing is compulsory. For example, GDPR and ISO 27001 standards require all managers and system owners to conduct regular penetration tests and security reviews using competent testers. By securing it’s network and information, an organization is able to maintain its reputation.
- Ensuring Business Continuity Through System’s Availability
It shows the real risk of vulnerabilities. A company will be able to see what an attacker could do if those vulnerabilities were truly exploited. This reduces the time spent for investigating and fixing the vulnerabilities. Any disruption to continuity of business will have a negative impact on an organization’s business operations. It helps ensure that the business does not suffer from unanticipated down time or inaccessibility issues.
- Maintaining Client’s Trust
Security breach is sure way to lose the confidence and loyalty of your customers, suppliers, and partners – especially if the damage affects them personally. Continuous IT Security Testing allows organizations to maintain a security posture and outrage security breach that helps to gain a customer’s trust and allows you to continue a strong business relationship with partners.