IT Solutions

August 08, 2024

Benefits of Monthly Network Penetration Testing for Businesses in High-Risk Industries

Written By Securafy Team

For small and medium-sized businesses (SMBs) in high-risk industries like finance, healthcare, and legal, cyberattacks aren’t just a possibility—they’re a looming threat. Yet, many business owners underestimate their exposure, believing their size or niche makes them less appealing to hackers.

Here’s the reality: 43% of cyberattacks target small businesses, and the average cost of a data breach in industries handling sensitive information is $10.5 million. (IBM).

The question isn’t if your business will be targeted—it’s when.

 

Cyberattacks Are Evolving Faster Than Your Defenses

Take the case of Campbell Conroy & O’Neil, a law firm hit by a devastating ransomware attack in 2021. Sensitive client data, including Social Security numbers and health records, was exposed. The breach didn’t just lead to immediate financial losses; it also shook client confidence and caused irreparable reputational damage. (Bloomberg Law).

In healthcare, the 2022 attack on CommonSpirit Health disrupted hospital operations, compromising patient safety and costing millions in recovery. These examples highlight how a single vulnerability can spiral into financial losses, legal consequences, and damaged trust.

 

The Cost of Complacency

The risks are clear, but many SMBs still operate under the misconception that cyberattacks only happen to larger enterprises. The truth? Hackers often target smaller businesses because they typically lack robust defenses, making them easier to exploit.

By the time you’ve realized your systems have been compromised, it’s often too late. Recovery costs—including legal fees, regulatory fines, and reputational rebuilding—far outweigh the expense of proactive cybersecurity measures.

 

10 Reasons SMBs Need Monthly Network Penetration Testing

Regular penetration testing is your first line of defense against cyber threats. Here’s how it benefits your business:

  • Uncover hidden vulnerabilities before attackers exploit them
  • Ensure compliance with industry regulations (HIPAA, PCI DSS, GDPR)
  • Protect sensitive data and prevent costly breaches
  • Identify outdated software and insecure configurations
  • Reduce downtime caused by cyber incidents
  • Enhance your security posture through actionable insights
  • Boost client trust by demonstrating your commitment to security
  • Test the effectiveness of your current defenses
  • Train your team to respond effectively to simulated attacks
  • Save on recovery costs with proactive prevention

 

Why Prevention Is Always Cheaper Than Recovery

Consider this: The average cost of a ransomware attack for SMBs in high-risk industries is $1.85 million, including ransom payments, operational downtime, and regulatory fines. Meanwhile, proactive measures like penetration testing cost a fraction of that.

Investing in monthly network penetration tests helps you avoid these catastrophic losses. It’s not just about compliance or peace of mind—it’s about ensuring business continuity and safeguarding your bottom line.

 

How Securafy Can Help

At Securafy, we specialize in helping SMBs in high-risk industries stay ahead of cyber threats. Our Network Penetration Testing services are tailored to identify vulnerabilities unique to your business.

With Securafy, you get:

  • Comprehensive testing aligned with your industry’s compliance requirements
  • Detailed reports highlighting risks and providing clear, actionable recommendations
  • Ongoing support to strengthen your defenses and keep your network secure

We don’t just help you find vulnerabilities; we work with you to fix them and ensure your business is resilient against evolving cyber threats.

 

Protect Your Business Today

Don’t wait for a breach. Book your Network Penetration Test with Securafy now! 

Take the first step toward securing your business and ensuring peace of mind for your clients.

Picture of Securafy Team
About The Author
Our team at Securafy brings you the best tech tips, from how-to guides and troubleshooting advice to software reviews and productivity hacks. We're all about empowering businesses with the tools and knowledge they need to thrive in the digital world. Follow our posts to stay equipped with practical insights that make tech work for you.

Join the Conversation

Subscribe to our newsletter

Sign up for our FREE "Cyber Security Tip of the Week!" and always stay one step ahead of hackers and cyber-attacks.