Key Areas and Steps Involved In IS Audit
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The functioning of the organization is governed by different factors like its information system, operations, practices, and its. A good organization should have a secured information system (IS) and should keep there is updated at regular intervals. A well-developed IS infrastructure of the organization defines its strength and functioning. Any risk or issue related to the IS should be fixed immediately or it might lead to loss of confidential data leading to loss to the organization.
Need for IS audit:
The organization invests a lot of money in developing its information system and technology. The organization needs to constantly keep a check on its IS infrastructure. Any flaw in the IS security structure can lead to the loss of valuable and confidential data. The loss of this data will affect the reputation and business of the organization. IS audit is important to carry out a thorough check on the IS security system. The audit helps to identify the weak points in the system. Fixing these issues ensures the organization that its confidential data is secured and its IS is protected.
Main areas covered by IS audit:
The IS audit looks at the different aspects of the IS infrastructure of the organization. The main areas covered by the audit include:
Security and privacy: The IS audit checks the system thoroughly to find the flaws and information leaks. They take utmost precautions to prevent the loss of confidential data. It implements the use of biometrics, authorized ID, and passwords to enhance security and privacy.
Management of data: More care and precautions are taken to prevent confidential and crucial data. Loss of this data can adversely affect the business and functioning of the organization.
Continuity: The organization needs to keep its IS updated and protected. The IS infrastructure should be continuously monitored for flaws and the security parameters should be periodically updated.
Flexibility: The IS infrastructure of the organization should be flexible. The organization should have the documented details and preparedness to handle any failure of the security system. They should periodically carry out drills and simulations to develop a robust IS infrastructure.
Fraud management: With the development in IS, the chances of fraud are also constantly increasing. The organizations should have set protocols to follow in case of any fraud. It includes fraud risk management and IT forensics to deal with fraud cases.
Proper steps must be followed for carrying out the audit. Following proper steps ensures that no areas in the organization’s security structure are missed during the audit. This reduces the chances of breaches or fraud. The steps involved in auditing process are below mentioned.
Audit planning
Scope and objective
Prioritize the controls.
Testing controls
Result consolidation
Considering the areas involved in the IS audit and its importance, the organization must plan to carry out the audit as and when required. This audit will help the organization to make there is infrastructure strong and also boost their business.