The Vital Importance Of Performing Penetration Testing
Cybersecurity issues have become a day-to-day struggle for government ministries and businesses, with estimated costs exceeding $6 trillion annually by 2021. Recent trends and cybersecurity statistics reveal a huge increase in breached systems and data from sources that are increasingly common in the workplace, like mobile and IoT devices.
These statistics paint a daunting picture for CISOs and CIOs:
- Worldwide spending on cybersecurity is forecasted to reach $133.7 billion in 2022. (Gartner)
- 61% of businesses experienced phishing and social engineering attacks in 2019. (Gartner)
- 68% of business leaders feel their cybersecurity risks are increasing. (Accenture)
The foundational aspect of every security and breach resiliency program is risk management. Unfortunately, many organisations don't have a clear understanding of their attack surfaces, weaknesses, and areas of strength.
To combat the dangers of cyber-attacks, cybersecurity leaders often turn to fight fire with fire by relying on organisations who provide vulnerability and penetration testing services.
What is penetration testing?
Generally speaking, organisations that provide penetration testing evaluate applications, networks, computer systems, infrastructure and occasionally even human interactions. The goal of the work is to research, identify and test vulnerabilities, exploits and custom code in their defined environments. The independent findings are reported directly to the clients, enabling them to fix and strengthen their overall security posture.
Naturally, you will need to find a testing and validation lab that has the right specialisation – penetration testing of software, hardware, networks, web and mobile applications, and social engineering (i.e., phishing).
Today, pen testing experts serve as a de facto cybersecurity expert inside organisations, advising executives, IT and developers on risk management, threat modelling, planned implementations and other security issues. For example, our team at the Digital14 xen1thLabs work across multiple specialisations:
- Support penetration testing of hardware, software, telecommunications and crypto assessments.
- Support real-world breach scenario research and incident response mechanism development for IoT, infrastructure, networks, web and mobile apps.
- Support malware and digital forensic services.
To learn more, visit xen1thLabs today.