Question 1

How much does penetration testing cost?

Accepted Answer

Penetration Testing typically costs $5K-$150K depending on scope and complexity. For fintech companies, expect to pay $7K-$195K due to PCI DSS and SOC 2 requirements.

Question 2

How long does penetration testing take?

Accepted Answer

A typical penetration testing engagement takes 1-4 weeks. Timeline depends on scope, organization size, and complexity of the environment.

Question 3

How often should you do penetration testing?

Accepted Answer

Annual minimum, after major changes. Compliance frameworks like SOC 2 and PCI DSS often require regular testing.

Question 4

What certifications should penetration testing providers have?

Accepted Answer

Look for providers with OSCP, CREST, GPEN, CEH, OSCE, OSWE certifications. These demonstrate expertise and adherence to industry standards.

Question 5

What should I look for when buying penetration testing?

Accepted Answer

Key factors include: Scope: External, internal, web app, API, cloud; Testing approach: Black box vs gray box vs white box; Compliance mapping: Reports formatted for specific frameworks. Avoid vendors who automated-only testing marketed as 'penetration test'.

Penetration Testing for Fintech Companies

Penetration Testing for Fintech

Why Fintech Companies Buy Pentest

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