How Penetration Testing Helps Small Businesses and Startups

Before introducing a software product into the market, the security and functioning should be adequately tested. It takes ample time, especially for small businesses and startups. Here comes penetration testing services that can be calculated based on terms of cost of a data breach. The startup strategy requires a dedicated budget to lower the priority of security measures. The significance of security and compliance can make the business vulnerable. Cybercriminals are constantly on the lookout for any opportunity to infiltrate systems. So, to protect the software product, it is necessary to conduct the QA process before launching it in the market. 

Let us discuss in detail how penetration testing services help small companies and startups:

Contribution of Penetration Testing Services in the Growth of Small Businesses

Take a look at the role of penetration testing services in the development and higher growth of the business:

• Vulnerability Identification: Pen testing follows a proactive approach to disclose all the vulnerabilities of the software product. It entails simulated cyber-attacks conducted by ethical hackers to detect system, network, and web application weaknesses. 
• Risk Management: The main objective of the pen testing is to curb the overall risk while using the product. Recognizing and assessing the security vulnerabilities of a startup product can take strategic steps to address and rectify weaknesses before they get exploited. This management approach can protect sensitive data and critical systems. In parallel, it helps reduce the potential financial losses and reputational harm from security breaches. 
• Boost up the Reputation: One of the perks of penetration testing is it provides high security for your business but also contributes to building trust and enhancing your reputation. After the updates, this test becomes more valuable for implementing new security measures, as they help identify potential security gaps.
• Compliance: Following industry compliance such as HIPAA, SOC2, and PCI DSS is mandatory for sensitive data handling in specific niches such as healthcare and payment information. Adhering to these regulations will establish more credibility and protection against cyber threats. Pentesters help in ensuring compliance and safeguarding sensitive information from potential breaches.  
• Scalability: Frequent pen testing can streamline the business security and scale your services in the future. The existing assets and services can be secured by conducting regular tests. This will not harm the reputation, necessitating expensive remediation efforts.  
• Driving Growth: The newbie businesses want a strong security posture for their product to attract investors, partners, and customers. Frequently conducting pen testing can fetch concrete evidence of the company’s dedication to security. It enhances the appeal to potential investors and clients seeking to collaborate. It will raise the brand confidence and ramp up the growth trajectory of the small business.  
• Cost-Effective: The financial expenses will rise if the security breaches. It is a reputational damage for the company. Hence, conducting penetration testing for the vulnerability assessment can mitigate the risk of security breaches cost-effectively. 
• Protect Customer Trust: In this digital landscape, breaching data is the most happening action. Here, maintaining the customer’s trust is paramount. Conducting the pen testing explains a sheer dedication to safeguarding customer information via specific proactive security measures. It can build strong customer trust, assuring clients of carefully handling sensitive data. It will foster a long-term reputation and prosperity for the business. 
• Platform Security: At the time of the product development, overlooking the platform’s security can negatively affect it. So, it is essential to identify the errors, bugs, and vulnerabilities in the IT infrastructure and apps to curb the exploitation. Adherence to the protocols is the key to security posture. 

Related:

• A Guide To Penetration Testing and Cyber Security Risks
• Effective Strategies for Combining Manual and Automated Penetration Testing

Conclusion 

Small-scale businesses and startups need to maintain trust among customers, partners, and investors, which is also a key to the zenith of success. Securing the IT infrastructure and apps is crucial when cyber threats are increasing. It needs a strong penetration testing service provider that can provide robust and astute assistance to your software product. 

TFT is an unbeatable pen testing company where you can find security experts (Penetration testers) who specialize in conducting thorough security assessments. They will identify all the vulnerabilities and recommend the best security framework for your product.

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