Vulnerability assessment and penetration testing (VAPT) are vital activities in securing an organization’s information assets and IT infrastructures, which include communication networks, application solutions, computing endpoints (i.e. workstation Pcs, laptops, servers & mobile PDAs), business data/records, employee information, etc. Beyond the need to validate an organization’s adoption of cybersecurity best practices to reassure stakeholders, there is obligation to comply with extant laws and regulations in virtually every industry where personal identifiable information is collected, process, transmitted and stored. For example, vulnerability assessment and penetration testing are now a mandatory requirement for hospitals, financial institutions, telecommunication providers, public facilities & governmental agencies and service industry in general. This has brought about increase demand for VAPT service providers. While the demand for VAPT service has gone up, there are still gaps for stakeholders in determining a fair pricing structure suitable for both the service provider and the client organization.
(Cybersecurity consultant, Tech Blogger & Author)
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