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Securing Your Data and Records: 4 Things to Know About an IT Audit

Securing Your Data and Records: 4 Things to Know About an IT Audit

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In 2018, companies spent over $1.3 million to comply with cybersecurity and record-keeping standards. With the risk of data breaches ever so present, it’s important for companies to invest in this area.

But how do you keep your data secure? What procedures do organizations use to keep their cybersecurity protocol up to date?

This is where an IT audit comes in. Auditors help companies secure their data and records while complying with industry regulations. In this article, we’ll be looking at what they are, their benefits, and other things to know before scheduling an audit.

IT Audit Checklist: 4 Things to Know

Before you contact different organizations for an IT audit, there are some key things you need to know about audits and how to prepare for them.

Knowing what IT audits are for and how they differ from assessments is key. Understanding what you should do before an audit can help the process go much smoother.

Here are 4 things to know about IT audits.

1. What is an IT Audit?

Information technology audits or IT audits, are examinations or evaluations of your organization’s IT features. This includes your overall infrastructure, policies, data use, and procedures.

IT auditors come in to make sure whether your organization has the IT controls for protecting your company assets. Managed IT services look at whether those tools are aligned with your goals as an organization.

Some benefits of IT audit procedures include:

  • Determining the risks to your company’s information assets
  • Finding ways to manage and address those risks
  • Providing a full evaluation of your company’s informational security
  • Identifying any other inefficiencies in your IT systems

2. How Does an IT Audit Differ From a Security Assessment?

It’s common for companies to assume IT audits and security assessments are one and the same. They are, however, two different processes.

One of the biggest differences is that a security assessment is an internal process. It’s a deep dive into how your security systems should be versus what they currently are.

While you can have third-party companies do assessments for you, it’s usually handled by an internal team.

Meanwhile, IT audits look at whether your systems are complying with a specific set of standards. It’s often done by third-party auditors and generally goes deeper than assessments.

For example, there’s a bigger focus on evaluating the technology, controls, and policies that your company has in place.

3. Gathering Pertinent Documents

Auditors need to understand your business goals and priorities. If they have this background beforehand, they can discuss specific security strategies and implementations more organically.

What’s most valuable to your company? What compliance framework works best for you?

IT auditors may also want access to financial documents or other important reports. For the sake of transparency and efficiency, have some of these documents ready beforehand.

4. Define Your Systems and Approach

Once auditors know the scope of your information systems, they’ll want to look at your assets, regulations, and approach to risk. Be ready to outline this for auditors smoothly and effectively.

By getting a better grip on your assets, auditors can get a better idea of what compliance framework they can use to assess your company.

Leverage IT Audits for Your Organization Today

Managing cybersecurity is an important step for any organization. Use this article to know why IT audits are crucial for this process and find the right IT solutions for your company today!

If you’re looking for more informative articles about positive news and good vibes, check out the rest of our site!

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