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PENETRATION TESTING

The State of Penetration Testing

May 1, 2024 Posted by OCD Tech Cybersecurity, IT Advisory Services

In their recently published State of Pentesting 2024 Report, Pentera provides insights into the current landscape of penetration testing and the trends shaping this crucial cybersecurity industry. Here are some key takeaways: 

1. Increased Attack Frequency and Sophistication 

The report highlights a concerning rise in the frequency and severity of cyberattacks, driven by the growing sophistication of threats and the exploitation of new vulnerabilities. 

65% of organizations experienced at least one successful cyberattack in 2023. 

The average cost of a data breach reached $9.41 million in 2023. 

2. Automated Pentesting Gains Traction 

In response to this evolving threat landscape, automated pentesting has become an increasingly important tool for organizations, enabling them to conduct security testing in a rapid, efficient, and scalable manner. 

3. The Rise of Cloud Threats 

With the growing adoption of cloud computing, threats to this environment have become a major concern for organizations. 

68% of organizations have experienced at least one cloud security incident. 

Cloud misconfigurations are the leading cause of cloud data breaches, accounting for 43% of cases. 

6. The Importance of Vulnerability Management 

The report underscores the importance of implementing an effective vulnerability management process to identify, prioritize, and remediate vulnerabilities in a timely manner. 

Only 56% of organizations have a formalized vulnerability management process. 

Organizations that implement an effective vulnerability management process experience a 70% reduction in the number of unpatched critical vulnerabilities. 

7. Penetration Testing as a Risk Management Tool 

Penetration testing has become an essential tool for risk management, enabling organizations to better understand their security posture and make informed decisions to mitigate cybersecurity risks. 

By understanding current trends and emerging threats, organizations can effectively utilize penetration testing to identify and remediate vulnerabilities before they are exploited by cybercriminals. 

At OCD Tech, we are committed to the security of businesses. If you want to learn more about our Pentesting service, schedule a call with our experts. We are here to help. 

Tags: Penetration Testing
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We provide independent and objective assurance of your IT controls. Using industry recognized frameworks and best practices, we assess your company’s technology risks and evaluate existing controls for risk mitigation. Your business processes are constantly evolving. We ask you, are your IT controls keeping up?

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IT Audit | Cybersecurity | IT Assurance | IT Security Consultants – OCD Tech is a technology consulting firm serving the IT security and consulting needs of businesses in Boston (MA), Braintree (MA) and across New England. We primarily serve Fortune 500 companies including auto dealers, financial institutions, higher education, government contractors, and not-for-profit organizations with SOC 2 reporting, CMMC readiness, IT Security Audits, Penetration Testing and Vulnerability Assessments. We also provide dark web monitoring, DFARS compliance, and IT general controls review.

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