Protecting your organization's environment from cyber criminals is a relief task. Meanwhile, cyber attackers are evolving their methods continuously day by day. To calm your uneasiness about the security of your business, you need to connect with a top-notch Cyber Security Services Firm that performs different types of security assessments. Experts perform assessments to keep any kind of organization safe from cyber attacks. Recommended security measures reduce the risk of financial and brand damage.

As per the analysis, the cost of a cyber attack was $3.86 million in 2020. It is expected to reach $170.4 billion by 2022. That’s why businesses must implement security measures through a security assessment.

One of the most frequently asked questions is how much does a cyber assessment cost. Assessment cost is different for small to large-scale enterprises. It analyzes according to the type and nature of business. All you have to do is find a suitable assessment for your organization.

What is CyberSecurity Assessment?

A cybersecurity assessment is an approach to examine the infrastructure and enhances the mechanism against cyber criminals. It also analyzes the digital assets and potential weaknesses in the organization's network. Security assessments always track the system, application, and working of the network. A well-planned and strategized cyber security assessment is always protective for the organization.

Cyber Security assessment starts to implement the security controls to mitigate the vulnerabilities after the analysis process. Cyber experts make sure that your IT environment is ready to defend against cyber attacks. Cyber assessments include the following components:-

• Identify the attack area 
• Current used Assets 
• Assets Vulnerabilities 
• Potential threats to assets 
• Find Assets prevention cost 
• Business Compliance

Different Types of Cyber Assessment

In the world of fully sophisticated cyber crimes, businesses of all types need to take all the precautions to lower the risk and improve the performance of business operations. There are numerous types of assessments available for cyber security such as Penetration Testing, Vulnerability Assessment, Social Engineering Assessment, Compromise Assessment, Red-Team Assessment, Cloud Security Assessment, and Risk Assessment. 

Penetration Testing

Penetration Testing is an in-depth method of testing the security posture of any organization. It includes three approaches: Black-box penetrating, white-box penetrating, and Gray-box penetrating.

Vulnerability Assessment

It is one of the most famous security tests in the cyber industry. Vulnerability is automated testing and tracking of vulnerabilities in the network of the organization.

Social Engineering Assessment

Social Engineering Assessment tests the security culture of the organization. It includes some primary techniques such as phishing, spear phishing, SMShing, Tailgating, and Vishing.

Compromise Assessment

It is a high-level security testing review of the infrastructure and identifies the data breaches.

Red-team Assessment

Red-Team Assessment develops a campaign to test the offensive and defensive capability of your organization. It is one step forward from the identification of vulnerabilities.

Cloud Security Assessment

This assessment focuses on identifying vulnerabilities and weak points in cloud infrastructure.  

Risk Assessment

Risk Assessment is a process where we map risk identified during penetration assessment, vulnerability assessment, social engineering assessment, and so on.

How much does a Cyber Assessment Cost

Cybersecurity Assessment cost is affected by the size, scope, type of industry, number of geographic locations, the complexity of the process, and much another industry point of view. To get an estimated picture of the cost of a cyber security assessment, we have to try to evaluate the criteria here:-

Types of Data

If you are collecting sensitive data then you always need additional security. You need the strongest layer of cyber security assessment.

Size of Company

A large number of employees have more chances to get cyber attacks. As a result, large organizations can increase the cyber security assessment cost.

Product & Services

Those organizations that deal with both products & services then it can affect the cyber security assessment cost.   

Professional Audits

It is necessary to conduct professional audits for organizations to check whether the latest security is implemented or not. Cybersecurity assessment costs can be hampered by professional audits.

Self-install vs professional install

Self-installation and professional installation of security products can easily affect the cyber security assessment cost of an organization. 

In the starting, minimum you have to spend $12000 for a security assessment and it can also start at $15000 depending on some criteria.  

Summery

Cyber Security Assessment should be based on the business objective rather than just completing the checklist of cybersecurity audits. Above mentioned figures are only for estimating the security assessment cost, not actual numbers for every business. 

The Cyber Security Assessment Process can be easily handled by professionals. Therefore, schedule a meeting to talk to a cyber security expert, tell about your goal and get the quote for Cyber Security Assessment.