One of the most common questions businesses have for us is, “How much is this security assessment going to cost me?”
It’s a fair question, especially given that many companies, especially smaller ones, often work with constrained budgets.
But the answer? Well, it’s complicated – and not in a vague, “let’s-avoid-answering” way. So many variables are involved that throwing out a single number wouldn’t do justice to the actual process.
How much does health cost? Can you answer this question with a single number? The situation is similar to security assessments.
So, if you’re looking for a breakdown of the costs involved in a cybersecurity assessment and why these services vary, you’ve come to the right place. Grab a coffee (or tea, if that’s your thing), and let’s walk through it.
For a standard security assessment covering your cloud services (AWS, Microsoft 365 or Google Workspaces) + the full scope of NIST 800-53 v5 for your entire IT infrastructure – servers, mobile devices, computers, for a company of around 100 employees and a relatively complicated tech stack, the price usually is $15 000. That usually also includes an audit of your Active Directory’s security (or Entra ID).
If your business is smaller or larger or your tech stack is simpler or more complex, that price will change accordingly.
Why is Pricing for Cybersecurity Assessments So Varied?
First things first—why does the price of a cybersecurity assessment range so wildly? You could be looking at anything from $5,000 for a simple assessment of a small business network to well over $100,000 for an in-depth review of a large enterprise. So, what gives?
The short answer: it’s all about scope and complexity.
Let’s break it down:
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Size of Your Business: A 10-person startup will have different needs compared to a global enterprise with multiple offices and thousands of employees.
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Industry Regulations: Are you in a heavily regulated industry like finance or healthcare? If so, expect more rigorous standards—and, consequently, higher costs. Compliance with regulations like GDPR, HIPAA, or PCI-DSS can add layers of complexity to your assessment.
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Depth of the Assessment: Are you looking for a simple vulnerability scan, or do you need a full-blown, red team simulation where cybersecurity experts actively try to break into your system? Naturally, the latter comes with a higher price tag.
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Internal vs. External: Are you bringing in an external company for the assessment, or are you asking your in-house IT team to run it? External assessments tend to be more thorough (and unbiased), but they also cost more.
What’s Included in a Cybersecurity Assessment?
Before we dive into the numbers, it’s important to understand what’s usually included in a cybersecurity assessment. The actual contents of the assessment can vary based on the scope you agree upon, but generally, here’s what you can expect:
1. Vulnerability Scanning
This is the baseline level of any cybersecurity assessment. It’s a scan of your network to identify potential vulnerabilities—those soft spots that cybercriminals love to exploit. Think of this as the cybersecurity version of a regular health checkup. It doesn’t go too deep, but it’s a good way to catch obvious issues before they become major problems.
2. Penetration Testing (Pen Testing)
This is where things get a bit more hands-on. Pen testing involves ethical hackers (also called white-hat hackers) actively trying to breach your system. It’s like hiring someone to break into your house so you can find out where your security is weakest. A well-done pen test goes beyond automated scans—it’s targeted, sophisticated, and often reveals critical issues that could otherwise be missed.
3. Risk Assessments
A risk assessment evaluates the potential impact of different cybersecurity threats on your business. It takes into account the likelihood of these threats and what kind of damage they could do if they succeed. This is especially useful if you need to justify cybersecurity expenses to higher-ups, as it provides a tangible way to weigh the costs of prevention against the potential losses.
4. Compliance Audits
If you’re in an industry that’s regulated, compliance audits will likely be a part of your cybersecurity assessment. These audits ensure that you’re following the specific legal guidelines relevant to your industry, whether it’s GDPR for data protection, HIPAA for healthcare, or PCI-DSS for payment card transactions. Not staying compliant? The fines can be brutal.
5. Policy and Procedure Review
Cybersecurity isn’t just about technology—it’s also about people and processes. A good assessment will take a look at your company’s internal policies around data security, employee training, and incident response. After all, even the best technical defenses can be undone by human error.
6. Incident Response Preparedness
In a cybersecurity assessment, it’s not just about finding vulnerabilities—it’s also about understanding how ready your business is to respond to a cyber incident. Are you prepared to detect and respond to threats quickly? What are your protocols if a breach happens? You need a concrete, actionable plan for minimizing damage when an attack happens.
Breaking Down the Costs
Okay, so how much does all this actually cost? I know you’ve been waiting for that answer. Let’s break it down based on different business sizes and the depth of the assessment.
Small Business Cybersecurity Assessments: $3,000 – $10,000
For small businesses with relatively simple networks, you’re looking at around $3,000 to $10,000 for a basic assessment. This would typically include vulnerability scanning, some light pen testing, and a basic risk assessment. It’s a good starting point if you’re a small business owner and want to make sure your network isn’t wide open to cybercriminals.
Mid-Sized Business Assessments: $10,000 – $50,000
As businesses get larger, with more endpoints and a broader attack surface, the complexity—and cost—of a cybersecurity assessment goes up. For mid-sized businesses, expect to pay anywhere from $10,000 to $50,000. Here, you’re looking at more detailed pen testing, a deeper risk assessment, and potentially some industry-specific compliance audits.
Enterprise-Level Cybersecurity Assessments: $50,000 – $150,000+
For large enterprises, the price tag can easily reach $100,000 or more. These assessments go deep. We’re talking full penetration tests, extensive policy reviews, multiple compliance audits, and likely a review of your incident response plan. When your business spans multiple countries and industries, you need to cover all your bases. That means hiring top-tier cybersecurity firms, which comes with a premium.
Hidden Costs: What You Might Not Expect
There are a few factors that can inflate your cybersecurity assessment costs if you’re not prepared. Keep these in mind when you budget:
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Remediation Services: Some assessments will include remediation services, but others might charge extra. This means if the assessment identifies vulnerabilities, you’ll need to budget for fixing them, whether it’s patching systems, updating software, or reconfiguring your network.
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Follow-Up Assessments: A single assessment often isn’t enough. Many companies opt for follow-up assessments to ensure vulnerabilities have been properly addressed. That’s an additional cost to keep in mind.
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Employee Training: Often, assessments will reveal gaps in employee knowledge or poor security habits. Fixing this might require additional training, which adds to the overall expense.
Is a Cybersecurity Assessment Worth the Cost?
I get it. When you’re staring down a $10,000, $50,000, or even $100,000 cybersecurity assessment, you might be wondering if it’s worth the cost.
Here’s the thing: it absolutely is.
Think about the potential losses if a cyberattack were to succeed. Data breaches, ransomware attacks, and downtime can cost your business millions. The loss of customer trust alone is enough to drive many businesses under. Plus, if you’re not compliant with regulations, the fines can add up quickly. So, investing in a cybersecurity assessment now could save you a fortune in the long run.
How to Choose the Right Cybersecurity Assessment Provider
Now that you understand the costs involved, how do you go about choosing the right provider? There are plenty of cybersecurity companies out there offering assessments, but not all of them are created equal.
Here are a few things to look for:
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Experience: Does the provider have experience in your industry? Cybersecurity needs vary across different sectors, and you want someone who understands the unique challenges you face.
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Reputation: Check reviews, ask for referrals, and see what other businesses are saying about the provider. A good reputation in the industry goes a long way.
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Customization: Cybersecurity isn’t one-size-fits-all. A good provider will tailor their assessment to your specific needs, rather than offering a cookie-cutter solution.
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Post-Assessment Support: The job doesn’t stop when the assessment is done. Look for a provider who will help you implement their recommendations and offer follow-up assessments to ensure you’re staying secure.
Final Thoughts
At the end of the day, a cybersecurity assessment is an investment in the future of your business. Yes, it can seem costly upfront, but the potential savings in avoiding a cyberattack or regulatory fine make it more than worth it. And with so many options out there, from small assessments for SMEs to full-scale enterprise audits, there’s something for every business size and budget.
So, if you’re asking yourself whether you should get a cybersecurity assessment, the answer is simple: yes, you should.
