Published on December 11th, 2021 | by Bibhuranjan
0Three Reasons Why End-to-End Testing Should Be A Crucial Part of Risk Management
When keeping multiple company websites and internal platforms free of security threats and data hacking, end-to-end testing may be essential for risk management. But what is end-to-end testing? Also, what does risk management entail for a company?
We answer these questions in the guide below and dive into three reasons why end-to-end (E2E) testing should be included in risk management.
What Is End-to-End Testing?
End-to-end or E2E testing is an assessment that looks at whether a software program is performing as needed. But what is end-to-end testing in more detail? To understand this process better, think about the entire process that a user would move through when utilizing an application.
E2E testing involves assessing a whole application from beginning to end as a user would do so in the expected software application environment. Software testing of this kind can be used to compare Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS) applications.
When comparing SaaS, IaaS, and PaaS, an end-to-end test will look at every aspect of the software application, including all components, so that the app developer can see whether all parts are working together or whether there is a broken link in the chain.
What Is Risk Management?
Risk management entails identifying, testing, and removing security threats to a system and a company’s revenue and capital. Many businesses globally are working in the digital world today.
It is nearly impossible for a company to operate without partaking in digital solutions to communicate with their customer base or employees.
Risk management strategies to reduce IT security risks and threats are essential for the vast majority of companies.
Digital companies worldwide seek risk management strategies to keep their digital data, intellectual property, and customer information safe from hacks and security threats. Risk management is meant to reduce risks and the costs associated with unexpected and damaging hacks.
What Is the Importance of Risk Management and What Strategies Are Vital?
The importance of risk management is associated with protecting a company’s future and keeping its customer data safe from devious criminals. In addition, risk management ensures that companies can save money by reducing the risk of hacks.
If a company gets hacked, however, it costs much more to fix the problem than to prevent it in the first place. A strong risk management strategy will help a company develop procedures to reduce threats and reduce their effect in case a hacking occurs.
The steps or strategies necessary for risk management include:
- Understanding the context of a security threat
- Identifying security risks
- Performing risk analysis
- Assessing the risks and their consequences
- Halting security risks
- Monitoring risks
- Consulting with key stakeholders and shareholders
Reason 1: End-to-End Testing Decreases Future Risks
Since E2E testing looks at the entire software life cycle, it should be able to effectively find security threats and risks where an application can be strengthened.
Essentially, with a successful end-to-end test, the software developer should be able to find all security threats and develop a strategy to remove these threats. As such, the E2E test will reduce security risks in the future of a company.
The end-to-end test can protect the software product and company from significant security hacks.
Reason 2: E2E Testing Allows Prioritizing of Most Essential Risk-Based Processes
Risk-based testing can look at the end-to-end process of software apps. In particular, risk-based tests can allow for the prioritization of essential processes.
The most critical processes at greatest security risk can be assessed first, while other software apps and processes can be left for another day. To find the most essential aspects that need risk-based testing, a risk assessment matrix may be necessary to define the processes at greatest risk.
Reason 3: Risk-based End-to-End Testing Alleviates the Costs of Major Data Hacks
Furthermore, risk-based E2E testing will reduce the costs that a company may face if they do get hacked. Major security hacks can lead a company to lose money whether in the stock market or among their consumer base, as trust in their brand will be tarnished.
Fewer customers will be willing to put their data and financial information into the hands of a company that underwent a massive data hack. As such, risk-based E2E testing will help manage security risks and prevent data hacks, which will reduce the costs that companies face due to security threats.
Wrap Up
It is clear that end-to-end testing is an essential part of an effective risk management strategy. It will save a company money, prioritize the most serious security risks, and generally reduce security risks in the future.
To keep a company’s brand name intact, end-to-end testing and risk management strategies are critical to incorporate.
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