The 5 Benefits Of Vulnerability Assessment

The 5 Benefits Of Vulnerability Assessment

05/02/2022

Did you know that there has been a 27% increase in data breaches due to cyber-attacks? Data breaches are the last thing any company wants. To protect against hackers and cyber-attacks, use a vulnerability assessment.

This assessment scans your security networks and looks for any vulnerabilities. If you’re unsure if a vulnerability assessment is right for you, don’t worry with this guide, you can find out! In fact, you can learn about the many advantages of using a vulnerability assessment for your business today!

Now, are you ready to get started? Here’s an in-depth look at the benefits of vulnerability assessment:

1. Identify Vulnerable Areas Before They’re Exploited

A security vulnerability is generally caused by improper coding or a security error. Hackers will then launch a cyber attack to gain access to private information.  This can result in a data leak, social security fraud, and theft. That’s why it’s crucial to identify vulnerable areas before hackers do. Both large and small businesses should use a vulnerability assessment. Since it uses AI to recognize previous attack angles, it decreases the chances of future attacks.

Vulnerability assessments should be implemented about every three months. Regular assessments are a must as they verify that your company is always protected. But, if your company adds a service or adds updates, you should increase the number of assessments.

2. Understand the Risk Level of Your IT System

Running regular assessments will help you determine the effectiveness of your security system. For instance, it’ll determine if your control access passwords are strong enough or if your firewall is fully effective. In short, it will put each of your security measures to the test to see if each is functional and secure.

To do that, the assessment uses a detection tool that measures risk exposure. Then the tool produces a detailed report that scores their level of vulnerability. This report can give your company a better understanding of higher-risk areas.  So you can start increasing your security measures and updating your security system.

In fact, using a vulnerability screening makes it easier to identify which systems need re-coding. That way, you don’t have to search up and down to find the weakness. Instead, you can improve your security and protect customer information.

3. Improve Security and Work Distribution

Did you know you can identify security weaknesses and pinpoint the exact cause of your security problems just by using an assessment? By understanding your security weakness, you can learn how to fix them. For example, if you often ask yourself, “do we need a stronger firewall or a better password manager? You can find out all the answers with just one simple assessment.

In fact, since it scans all networks, it can analyze if your company is distributing security forces efficiently. For example, think about it this way: when you enter a password it will examine if there’s enough encryption to make it defensible against a hack.

If not, then it will offer ways to re-distribute security. For instance, it may suggest stronger encryption, a better firewall, or a stronger security system. That way, information is not disclosed at any point through the network.

4. Compliance With Industry Requirements

Now, this might just surprise you but vulnerability assessments are not required by every country.  Take, for example, this organization, the General Data Protection Regulation or GDPR.

This organization generally operates under the European Union or by companies in the US that sell goods or services to EU residents. The GDPR encourages the usage of such screenings; but, it’s not required for any company. Unless your company processes personal data. That includes information such as birthdate, address information, and credit card numbers. Then to be in compliance with industry regulations, you must run an assessment.

Other organizations and security standards encourage companies to take similar actions. Meaning, if your company doesn’t process personal information, you’re not required to screen for security weaknesses. With that said, just because you’re not required to doesn’t mean you shouldn’t.

If you don’t understand certain security exposures, these weaknesses could put your company at risk. That’s why vulnerability assessments are an invaluable resource to any company, big or small.

5. Boost Your Creditability with Benefactors and Stakeholders

Have you ever heard, “honesty is the best policy?” Being honest about what security measures you can provide and how you’ve improved your security protocols helps customers feel protected.

That’s why it’s crucial to run a vulnerability assessment to ensure your security measures are effective and efficient. You can even use evidence from the vulnerability assessment to back up your claims and showcase your security measures. By displaying the truth about your security, it showcases that your company is trustworthy, knowledgeable about security standards, and dependable.

Use the Benefits of Vulnerability Assessment Today

The vulnerability assessment is a great tool to use for any company. It has many advantages, such as identifying risks and improving your security. Many companies have opted to use the screening process since many transactions happen online these days.

Ensuring the safety of the customer is often a number one priority. With that, a company has to protect the customer’s identity, card information, and personal information. To ensure your company’s security is secure use a vulnerability screening today. After all, the benefits of vulnerability assessment make it the perfect tool to use after installing system updates or adding a new service. Since it protects customers against cyber-attacks and eliminates threats, it’s an essential resource to any business.

Now, if you’re interested in running your own vulnerability assessment, contact us today! We look forward to helping you assess your own IT security.