Vulnerability is a weakness in the application or a design flaw that allows an attacker to exploit for potential harm or financial benefits. Though it is practically impossible to have vulnerability free system, one can implement tools to identify the nature of vulnerabilities and mitigate the potential risk they pose. As an institution, it is very important for business managers, administrators, and IT security personnel to pay attention to those security warnings. The talk will identify types, sources, and mitigation of external and internal threats. The talk will review Vulnerability Assessment and Penetration Testing (VAPT) tools available in the market and their benefits. Presenters will engage the audience in interactive style discussion on the available tools to detect vulnerabilities and threats and the steps needed to mitigate.