What Is a Cybersecurity Audit, and Why Do You Need One?

Organizations are becoming more vulnerable to cyberattacks as they adopt new digital technology. As a result of rising network complexity brought on by digital innovation, cyber attackers frequently find new network weaknesses to exploit. These dangers, if left uncontrolled, can jeopardize organizational goals, which is why organizations must have robust cybersecurity plans in place.

The management of cybersecurity audits is a critical component of these programs’ effectiveness. Organizations can detect weaknesses in their cybersecurity infrastructure by conducting frequent cybersecurity audits. Audits can also be used to assess a company’s compliance with numerous rules and legislation.

What is a cybersecurity Audit?

There are a variety of cyber security policies in every organization. A cyber security audit’s goal is to give a ‘checklist’ to ensure that your security mechanisms or policies are in place and operate effectively. In a nutshell, it enables you to check the outcomes of your security measures.

Audits are crucial in guiding organizations to avoid cyber threats. They identify and test a company’s security in order to expose any flaws or vulnerabilities that a possible bad actor may exploit.

What does an audit cover?

Cyber security standards, guidelines, and policies are the subject of a cyber security audit. It also ensures that all security measures are optimized and that all compliance standards are satisfied.

An audit looks at the following things:

  • Operational Security (a review of policies, procedures, and security controls)
  • Data Security (a review of encryption used, network access control, data security during transmission and storage)
  • System Security (a review of patching processes, role-based access, management of privileged accounts, etc.)
  • Network Security (a review of network and security controls, anti-virus configurations, SOC, security monitoring capabilities)
  • Physical Security (a review of role-based access controls, disk encryption, multi-factor authentication, biometric data, etc.)

Benefits of a cyber security audit

A cyber security audit is the highest level of assurance service that an independent cyber security company offers.

The following are some of the benefits of conducting an audit:

  • Assesses current security posture
  • Assesses current security posture
  • Determines the necessity for policy and standard changes.
  • Identify any security flaws in your system.
  • Keeping a step ahead of the bad guys
  • Vendor, employee, and client assurance
  • You may have faith in your security controls.
  • Improve by Using Recommendations

How often do you need security audits?

The frequency with which you must conduct an audit is determined by the compliance or security framework that a company adheres to.

FISMA, for example, mandates that federal agencies be audited twice a year. If you work for a federal agency, you must also adhere to FISMA.

A yearly security assessment by an objective third party is necessary to ensure that security guidelines are followed.

Other experts advocate for more frequent audits, although a number of factors influence how frequently an agency should audit its cybersecurity, including money, recent system or software upgrades, and how severe compliance criteria are.

Palmchip Free cybersecurity Audit Checklist

If you are looking for a quick and easy way to evaluate your security posture, then check out our free cyber security audit checklist. Our free cyber security audit checklist allows you to identify and understand weaknesses within your policies and procedures.

If you are interested in a comprehensive cyber security audit from an independent third party, or If you’re not sure whether you need an audit, then please contact us for a free consultation by booking a meeting.