VAPT stands for Vulnerability Assessment & Penetration Testing

Banks are at the forefront of adopting the latest technology. This often leads to the inadvertent introduction of new vulnerabilities in its technology environment.

It is therefore paramount for Bank’s IT management to ensure thorough Security testing before any changes are rolled out – especially technology changes. A regular vulnerability assessment and penetration testing (VAPT) helps them to get the required assurance that the technology environment and its digital assets are safe from cyber attackers.

The VAPT vendor is in most cases an IT security organization with in-depth and thorough knowledge of security testing techniques. However such organizations lack the requisite domain and functional knowledge. This knowledge gap poses a severe risk to the Banks as any security testing by such experts could still leave out several critical vulnerabilities in the applications used by the Bank. This defeats the purpose of VAPT for the Bank.