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Do I need to do an IT Security Audit?

Does My company need an IT security audit

Over the years, the online business landscape has evolved due to rapid advances in computer technology and the ever-increasing amount of cloud-based resources that have provided organizations with a viable IT environment to help them manage online operations efficiently. However, as companies build their online infrastructure, they open themselves up to various cyber threats that can adversely impact their bottom line. Cybercrime and new hacking techniques have steadily increased over the last decade, so IT security audits are essential.

What is an IT security audit?

An IT security audit is a thorough evaluation of the Cybersecurity measures of your organization. Performing IT security audits will help you identify and assess vulnerabilities in your networks, asSOCiated devices, and applications. It involves scanning for security vulnerabilities and performing penetration tests to determine how well your IT infrastructure can defend against various cyberattacks. These tests will help you customize security policies and achieve compliance.

Types of IT security audits

There are two forms of IT security audits, namely:

  • Internal audit
    A company uses its resources and auditors to conduct the assessment in an internal IT security audit. The organization performs an internal audit to determine if its systems and cybersecurity policies comply with its rules and procedures.
  • External audit
    A third party carries out an external audit. External audits are performed when a company needs to comply with industry standards and government regulations.

Why is an IT security audit important?

An IT security audit provides a roadmap for your company's critical cybersecurity vulnerabilities. It shows where your organization meets important security criteria and where it doesn't. IT security audits are essential for creating risk assessment plans and prevention strategies for businesses dealing with sensitive and confidential personal data.

What does an IT security audit cover?

During an IT security audit, every system an organization uses will be checked for weaknesses in the following areas:

  • Network Vulnerabilities
    Auditors identify vulnerabilities in any network component that cybercriminals could use to access valuable information or cause systemwide damage. This includes unsecured access points, instant messages, emails, and network traffic.
  • Cybersecurity Controls
    In this part of the audit, auditors will check how effective an organization's security controls are. This includes assessing how well the company has implemented existing policies and procedures to protect its information and infrastructure. For example, an auditor will evaluate an organization's current security policy on data breaches to determine if the proper measures are in place and if everyone is strictly adhering to those measures.
  • Data Encryption
    This will verify that your company has controls to manage the data encryption process effectively, ensuring that digital data is safely encrypted at rest, confidential, and encrypted while being stored on-site, in the cloud, on portable devices, and in transit.

If you need help conducting an IT security audit for your business, contact us today to see how our managed solutions can help.