IT Audit – Infrastructure Of Security

Updated on

There is a lot to be said for digitizing business processes and paper flow within a company. Providing the automation for business allows for a reduction of costs, increased volume of transactions, transparency and security. All of these benefits mean that companies are clamouring to digitize as many operations as possible in order to stay competitive in a rapidly changing business environment.

Responsibility in Business

Nevertheless, digitization brings with it a series of responsibilities, not least of which is compliance with local and often global laws. When setting up a digital document flow process, the initial requirement is always to establish a set of rules that reflect the internal structure of the company and its relation to relevant regulations.

Get Our Icahn eBook!

Get The Full Carl Icahn Series In PDF

Q3 hedge fund letters, conference, scoops etc

This set-up often requires further fine tuning as rules and laws change. This puts an obligation of diligence on the company, which must keep its systems compliant and up to date with regulations. Then there is the question of security of sensitive data, such as financial documentation or clients’ personal information, which may fall under relevant privacy regulations. Safe to say, it is not easy to keep up with ever-changing requirements in respect to IT solutions. This is true for all companies regardless of size, but in medium and large enterprises the problems relating to IT security and compliance can grow exponentially.

Partners in Security

It is always prudent to take precautions and prevent risks rather than face post-crisis reactions, costs and inevitable repairs, which may result in loss of business. The solution is to employ the services of a third-party contractor proficient in security auditing. With a unified and integrated approach to IT security and compliance, a proper audit should prove trouble-free and will not interfere with day-to-day operations.

The scope of services that comprise a comprehensive security audit include both the obvious and the most minute, from data flow scans on local, Internet and cloud-based networks and vulnerability and penetration scans, to tests of infrastructure and entire processes in relation to compliance. It is imperative to ensure that the audit satisfies all relevant norms and certificates.

There are less obvious elements of such an audit. Being diligent and resolute when conducting a security audit is essential, so it is always valuable to seek out auditing partners that provide more intricate services and go out of their way to include lesser-known elements that can prove to be crucial for business in any industry or market. The elements in question include a complete review of processes, effectiveness and preparedness.

Well-conducted audits allow not just safe operations and legal adherence, but can also help in planning IT expenditures, infrastructure investments and the improvement of business and communication processes. All of this is necessary in order to stay competitive and ensure constant business growth.

The relevant processes are now a part of modern market reality and it is necessary to satisfy their requirements. Audits provide security and fuel trust - the most valuable business resource.

Leave a Comment