The software security team is performing security testing on a new software product using a...

The security testing technique that involves using a testing tool to scan a running application for known exploit signatures is known as Automated Vulnerability Scanning. This method is part of dynamic analysis, which assesses the software in its running state to identify vulnerabilities that could be exploited by attackers. Automated vulnerability scanning tools are designed to detect and report known vulnerabilities by comparing the behavior and outputs of the application against a database of known exploit signatures1.

References: 1: Application Security Testing: Tools, Types and Best Practices | GitHub