TL;DR
Your first users are the ones you can least afford to lose. A security incident in your first month destroys trust before you've had a chance to build any. So before you send a single signup link: check that authentication actually works, prove one user can't read another's data, turn on error monitoring, and decide in advance what you'll do when something breaks.
You're about to invite real people to use your thing. Exciting. It also means their data is your problem now, which is a different feeling entirely. These 12 items are the bare minimum for giving your first users a safe experience, and for making sure your launch story isn't a security incident.
Quick Checklist (5 Critical Items)
Authentication Testing 4
Data Isolation 3
Error Handling 3
Incident Preparedness 2
Why First Users Matter Most
Your first users took a chance on you. They'll forgive a bug. They won't forgive a data leak, and the communities early adopters gather in are small, well connected and quick. A compromise in month one spreads through them before you have any reputation to absorb it.
Early users also talk more. They write the detailed bug reports that later users never bother with, and that cuts both ways: when they hit a security problem, they're the group most likely to tell everyone about it.
When should I run this checklist?
After your MVP security checklist, and before any signup link leaves your team. A soft launch to friends and family still counts. Their accounts are real accounts and their data is real data.
What if I find issues during testing?
Fix them first. Data isolation failures and authentication bypasses block the launch outright. Smaller things can wait until just after, as long as you write them down now. You won't remember them next week.
How many test accounts should I create?
Two at minimum, which is what it takes to test data isolation at all. If you have roles, make one account per role. A permission boundary only shows itself when there's something to cross.
Ready for Real Users?
Get a security report to share with early adopters or investors.