Since the beginning of the 21st century, businesses have been expanding beyond their usual pop up shops, boutiques, and mall locations. The rapid developments in e-commerce, cryptocurrency, and other industries have set the pace for businesses to evolve their processes to accommodate faster scaling, automation and turn over time.
However, technology has also helped scammers, hackers and other cybercriminals. Over the past years, thousands of businesses have fallen prey to security breaches that cost those companies over millions of dollars in stolen information, revenue, and fraudulent transactions. The damage caused by hacks is often irreversible so it’s better to prevent these problems before they start.
Here are some of the roles that cybersecurity penetration testing play in your business:
1. Detect security weak spots before an actual hacker does
If you have the resources to do your own cybersecurity penetration testing then it’s highly recommended that you do it before any of your resources are online. The main purpose of penetration testing is to know your vulnerabilities before someone else exploits them. Having a self-preemptive attempt is better than having an actual hostile hacker on your website or network.
Companies like Alpine Security penetration testing are dedicated to helping you find weak spots such as:
- Possible hacking entry points
- possible insecure data forms
- unsafe network connections
- possible backdoor openings
- coding and development issues
- security mainframe possible breach points
Even if you have already planned your security systems to the best of your ability, there’s still a chance that your defenses will be penetrated so it’s important to find out what your vulnerabilities are so you can safeguard them.
2. See the potential real-world effects of a breach even before they happen
Cybersecurity breaches are very real and often have fatal results. Modern companies and startups opt for automation and it often results in more unsafe entry points. Even banks with their extensive security measures occasionally fall prey to advanced-level hacking so it’s important to find experts like Alpine Security to avoid real-world effects such as:
• Intellectual property theft
Hackers could gain access to your classified and highly-important trade secrets. This kind of security breach causes real-world problems because your competitors could replicate your products and services, selling them at a cheaper price.
• Loss of profit or revenue
Downtime due to hacking or security breach can greatly affect your company’s ability too much more money. Preventing possible downtime will help your business continuously make a profit.
• Fraudulent transactions
Some breaches come in the form of fraudulent transactions, where the criminal would imitate a legitimate transaction with your company but pay you with nothing.
• Stolen financial accounts
One of the most rampant forms of a data breach is the credit card theft or the illegal attainment of credit card information.
• Identity theft
More than financial information, hackers could use data breach as a means of acquiring sensitive information like a customer’s full name, address, and ID information in order to imitate that person’s identity for scam purposes.
• Lawsuits from security breaches that result in further crime
If your customers find out that their financial and personal data has been breached because of your company’s negligence, you can be sure that they will take matters into court. If that stolen information is used for criminal activity then you will be held liable for them.
• Possible bankruptcy
Security issues not only affect you and your customers but your company as a whole. When your data has been leaked or rendered unsafe, clients may no longer want to deal with your business in the future. Loss of clients will eventually lead to loss of income and bankruptcy.
Having a business requires a tremendous amount of resources such as time and money, and doing penetration testing allows you to protect your investment from those who want to steal from you.
3. Develop security action plans with the help of experts
Cybersecurity penetration testing allows you to know the problems before your business decides to go live. One of the key advantages of knowing the possible data breach issues is developing an action plan that enables you to avoid them before they happen. Here are some of the security action plans you can develop with the help of experts:
• protection against black hat SEO attacks
• encryption methods for online transactions
• network security protocols for your company
• application security
While you may think of solutions yourself, nothing beats being guided by experts so that these implementations are best practices.
Automation is the key to creating a more sustainable and scalable business in the 21st century. With cloud computing systems expanding and workforces being done offshore, it’s only a matter of time before everything is digitized. If cyberspace is going to be your business’ playing field then you have to make sure that it’s safe to foster and grow there with data breach protection methods like cybersecurity penetration testing.