Three benefits of conducting a technology audit

An IT audit can give you peace of mind, providing a thorough analysis and assessment of your IT infrastructure, policies, and procedures.

Posted on: December 6th, 2021 onPlatinum

When was the last time you conducted a comprehensive technology audit? If it’s been a while or hasn’t happened at all, you could be vulnerable to a cyber attack. Cybercrime shows no signs of slowing down and is expected to cost the world $10.5 trillion per year by 2025.1

Are you confident that your organisation is secure with the current remote and hybrid work environments? This is where an IT audit can give you peace of mind, providing a thorough analysis and assessment of your IT infrastructure, policies, and procedures.

Importance of technology audits

Here are just a few reasons why a technology audit is essential to organisational resilience and overall success:

  • Detects security vulnerabilities
  • Ensures that the organisation is up to date on security measures
  • Establishes the foundation for the organisation’s new security policies
  • Prepares the organisation to respond quickly and effectively in the event of a cyberattack
  • Helps maintain compliance with various security regulations

Benefits of technology audits

Comprehensive technology audits have three key benefits:

1. No surprises

IT components that we use and trust every day may have hidden threats that we can easily overlook. If not addressed early, these threats can quickly escalate into a full-fledged data breach.

A properly planned IT auditing process creates a map of your IT environment that helps you understand how everything connects and which areas expose you to threats. This allows you to focus your remediation efforts where they are needed the most.

Ensure you regularly monitor, update, patch, and clean up the proverbial dust in your infrastructure. You might soon discover that someone intentionally or unintentionally downloaded a piece of malicious code that’s spreading like wildfire across your network, waiting for the perfect moment to demand a ransom or continue spying and stealing your best ideas.

2. Data-driven decision making

A properly conducted audit will provide you with valuable data that you can use to make core business decisions. Its value extends to security budgeting as well. A data-driven approach to developing cybersecurity strategies can assist you in making more informed budget decisions and you’ll have a better idea of where to spend your money.

An audit can also help you prioritise your goals based on what’s most pressing, exposing vulnerabilities, or what’s causing productivity loss.

3. A vision for the future

An audit can lay the groundwork for future IT analysis. Evaluating your strengths, weaknesses, opportunities, and threats can help determine what your company excels at right now and help formulate an effective strategy for the future.

Armed with a thorough understanding of your technology’s strengths, weaknesses, opportunities, and threats, you can begin planning years in advance and share the vision with team members to keep them motivated.

Are you ready to start planning your technology audit? Contact the team at onPlatinum today.

Source:

1. Cybersecurity Ventures

Are you ready to start planning your technology audit? Contact the team at onPlatinum today.

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