As companies tackle the ever-evolving landscape of cybersecurity, they regularly budget for penetration tests to protect their digital assets. But many are left scratching their heads when they see the cost for these tests creeping up each year, even when it seems like the scope of work hasn’t changed. Let’s dive into why this happens and why it’s actually a good thing for your security.
Evolving Cyber Threats
Cyber threats aren’t static—they’re always getting more sophisticated and complex. As new vulnerabilities and attack methods emerge, penetration testing has to keep pace. This means investing in the latest tools, technologies, and training to stay ahead of the bad guys. Keeping up with these advancements ensures your protection but also adds to the cost.
New Regulations and Compliance Standards
Every year, compliance requirements and industry standards become more stringent. Whether it’s GDPR, HIPAA, PCI DSS, or others, these rules often update their security requirements. Penetration tests must adapt to meet these evolving standards, needing more time and specialized expertise, which can increase costs.
For example, with PCI DSS, we map the specific requirements to the findings, which takes extra time to complete.
Growing Business, Growing Network
As your business expands, so does your digital footprint. More networks, new applications, and increased cloud services mean penetration tests have to cover more ground. A larger, more complex infrastructure takes more time and resources to test thoroughly, which naturally drives up costs. Plus, integrating new technologies like IoT devices requires specialized testing, adding to the expense.
Rising Operational Costs Affect Penetration Test Costs
Running a cybersecurity firm isn’t getting cheaper. Salaries for skilled professionals, licensing fees for advanced tools, and general operational expenses go up over time. To maintain high-quality services and keep top talent, firms need to adjust their pricing to reflect these rising costs.
Better Reporting and Remediation
Many clients now expect more detailed reports and actionable recommendations from their penetration tests. High-quality tests include comprehensive documentation, summaries, technical details, and prioritized steps for fixing vulnerabilities. Producing these in-depth reports takes extra time and effort, contributing to higher costs.
Moreover, some firms offer post-test consultations to help clients address vulnerabilities, adding further value and justifying the increased price. If you’ve received a test and would like to speak with a tester, all you need to do is reach out to us, and we’ll set up a meeting for you.
Insurance and Legal Factors
With the rise in cyber incidents, insurance premiums for professional liability are going up for cybersecurity firms. These higher insurance costs often get passed down to clients. Additionally, the legal landscape around cybersecurity is becoming more complex, with increased liability and potential legal repercussions. Ensuring all legal bases are covered adds to the overall cost.
Additionally, some companies require a higher amount of liability insurance, which increases the premiums for a vendor.
Commitment to Quality and Improvement
Top-tier penetration testing firms continually invest in quality assurance and improving their services. This involves regular training, adopting new testing methods, and refining internal processes. These efforts ensure clients get the most effective and up-to-date services but also contribute to incremental cost increases over time.
Conclusion
Seeing the cost of penetration tests rise year after year can be frustrating, but these increases reflect the growing complexity and importance of cybersecurity. Evolving threats, new regulations, network expansion, increasing operational costs, better reporting, insurance considerations, and a commitment to quality all play a role in driving up prices.