This document is a survey report detailing the findings from the 2024 State of Pentesting survey conducted by Pentera. The report outlines the current landscape of security validation practices among organizations, highlighting the increasing complexity of cyber infrastructure and the prevalence of breaches. It notes that 51% of enterprises experienced a breach in the last 24 months, with significant impacts on business continuity and financial stability. The report also discusses the challenges faced by Chief Information Security Officers (CISOs), particularly in managing budgets and prioritizing remediation efforts amidst overwhelming security alerts. Additionally, it examines the frequency gap between security testing and changes in IT environments, revealing that while 73% of organizations report quarterly changes, only 40% conduct pentesting at the same rate. The survey emphasizes the need for effective prioritization in remediation strategies to address critical vulnerabilities in a timely manner.