{"id":24975,"date":"2022-07-06T17:38:30","date_gmt":"2022-07-06T12:08:30","guid":{"rendered":"https:\/\/blog.aspiresys.com\/?p=24975"},"modified":"2025-05-15T10:42:22","modified_gmt":"2025-05-15T10:42:22","slug":"the-ideal-partner-for-your-softwares-vulnerability-assessment-and-penetrative-testing-case-study-included","status":"publish","type":"post","link":"https:\/\/www.aspiresys.com\/blog\/software-testing-services\/qa-testing\/the-ideal-partner-for-your-softwares-vulnerability-assessment-and-penetrative-testing-case-study-included\/","title":{"rendered":"The Ideal Partner for Your Software\u2019s Vulnerability Assessment and Penetrative Testing – Case study included"},"content":{"rendered":"\n

Post digitalization, customer expectations from a software are not restricted to convenience and excitement. One of the key aspects that software developers have to pencil in before release is how secure the application would be.  <\/p>\n\n\n\n

This is an important aspect for applications which deal with customer\u2019s personal details like citizenship\/identity data and financial information.  <\/p>\n\n\n\n

There are two facets to this; first is the obvious issue of gaining and maintaining the trust of several customers who share their personal details like identity cards and financial information like credit\/debit\/banking details on the software.  <\/p>\n\n\n\n

Secondly, software applications are also mandated by government organizations and industry bodies to keep up a particular security standard.  <\/p>\n\n\n\n

Brands end up paying a heavy price for a security breach-say a data theft, which can cause an irreversible loss of customer trust affecting revenues and brand value.  <\/p>\n\n\n\n

According to one estimate<\/a>, the average cost of a data breach is around $4 million and around $150 is the average cost per lost or stolen record  <\/p>\n\n\n\n

In addition, there would be legal issues from the government and fines to be paid for non-compliance.  <\/p>\n\n\n\n

Some of the sectors which need to ensure a higher degree of compliance are fin-tech and banking services, retail, and insurance. <\/p>\n\n\n\n

Why Vulnerability Assessment and Penetrative Testing <\/span>  <\/strong><\/span><\/h2>\n\n\n\n

Vulnerability Assessment and Penetration testing<\/a> are two sides of the same coin, which when combined, detect vulnerabilities in a software application and also generate a report on how the gaps can be misused to collect sensitive information like data from it.  <\/p>\n\n\n\n

Vulnerability assessment is the process by which experts perform a security analysis of the software, network, server, and other parts of the system infrastructure. This test gives details about the pre-existing weaknesses in the code, software design, or any other internal mechanisms which can be a possible loophole for exploitation.  <\/p>\n\n\n\n

If vulnerability testing covers the breadth of the software, Penetration Testing or Pen-Test plumbs the depths. <\/span>  <\/strong><\/span><\/h3>\n\n\n\n

In simpler terms, Pen-test is allowing an ethical hacker to exploit vulnerabilities in your system to exhibit how much damage can be caused. The scope of the test also includes various possible ways a probable hacker can use to break into the network. The expert then is responsible for plugging such loopholes and building a more secure system.  <\/p>\n\n\n\n

The difference between a Vulnerability assessment test and Pen-Test is the latter is focused more on how much damage can be caused by the presence of a loophole, while the former surveys the number of vulnerabilities in a system.  <\/p>\n\n\n\n

Pen-Tests are offered for Networks, web applications, mobile applications, cloud, and API.  <\/p>\n\n\n\n

Quoting our client’s story <\/span><\/strong><\/span><\/h4>\n\n\n\n

A leading Fin-tech player had similar requirements for their software application which is an all-encompassing software covering client management, underwriting, claims, accounting, reporting, and retroceding to optimize their client\u2019s business for efficiency.  <\/p>\n\n\n\n

Uncovering potential security gaps and providing solid security protection were their requirements.  <\/p>\n\n\n\n

Aspire\u2019s team of testing experts understood their needs and challenges and came up with a quick and comprehensive solution. The security assessments were standardized in line with globally recognized Open Web Application Security Project (OWASP)\u2019s Top 10 vulnerabilities and SANS-25 software errors.   <\/p>\n\n\n\n

A detailed audit and test report with problems detected, which included possible data leaks and recommendations on remediation were given to the Fin-tech player as well.  <\/p>\n\n\n\n