In today’s modern world of technology, the importance of ensuring you are operating under a safe, secure and compliant environment has never been more crucial.
The media is not short of stories of companies who have failed to adapt their businesses and paid the consequences for their lack of action. Whether that’s in the form of data breaches, ransomware attacks or compromised networks, all of these actions can lead to data becoming compromised and subsequent fines being levelied by the relevant regulators. But more importantly, the reputational damage to both your customers and business partners alike can have far-reaching consequences.
The value of investing in security-based audits has become paramount. This proactive approach highlights any threats that your current environment has embedded and is a best practice approach that should be performed regularly on your internal environment.
Things to consider:
- Security Assessments – Have you carried out a comprehensive Security Risk Assessment in the last 12 months, inline with best practice?
- Baseline Security Policies – We recommend as best practice to apply a baseline domain security policy. For example a minimum password complexity, removing users from local groups and hardening security on servers and desktops.
- Mobile Device Management (MDM) – The reliance of mobile devices in business is growing, so it is important to implement a mobile device management for secure email and application delivery. How do you manage your mobile devices, and do you have an MDM solution?
- Employee Security Awareness – Security is not just limited to technology, but also to people and processes. Regualr security awareness training acts as a valid part of cybersecurity protection. When was the last time your staff had any security training?
- Regular Backups and Failover Testing – If you suffer an attack such as ‘CryptoLocker’, how do you recover? Making sure you have regular backups in place and restore regularly is a good habit to have.
- Business Continuty Plans – Do you have a disaster recovery site? What would happen if your office space became unworkable? Where do you continue to operate your business? Will you have the relevant systems up and running to provide your customers with a contined seamless service?
The IT audit provides an in-depth analysis of your businesses technical environment, including its existing applications, hardware, infrastructure, IT plan, etc.
The cost of such audits should be factored within the businesses annual IT budget and not be seen as a ‘nice to have’, given the critical areas of risk which it can highlight.
The audit usually involves 3 phases, firstly, the information gathering and pre-planning ahead of any such audit, secondly, the actual audit itself where we would get an understanding of the existing internal control structures, and thirdly, the remediation action required to provide the level of security and control which you are aiming to achieve.
In carrying out an IT audit, the results of previous audits would be a good starting point to ascertain if any previous gaps were identified, and have indeed been remedied with any subsequent recommended actions. Nonetheless, our IT audit will be carried out entirely independently of any previous audits, to give you a view from an objective and unconnected party to your business.
Why have an IT Risk Audit?
There are many reasons why you should have an IT Risk Audit carried out, below we have mentioned a few:
- Assesses existing controls and establishes if they are fit for purpose
- Evaluates risk and protects assets, highlighting any gaps which require remediation
- Follow industry best practice and ensure you are not lagging behind your competitors
- Provides your customers and trading partners with confidence in the integrity of your organisation’s security posture