Information Systems Audit and Control
Any business enterprise that wants to win customers should make use of information technology. Doing an IS audit helps safeguard the information system that organisations depend on for their business operations, in addition to a number of other benefits it offers. With this, you can ensure the security of sensitive customer information.
Innumerable online transactions using technology in business operations today create data every second. You need to ensure not only their availability but also their integrity and confidentiality because a lot of this data is private and sensitive. Information security is essential because it helps protect sensitive data like credit or debit card details and personal information from nefarious intruders.
Data should be shielded from alteration or manipulation by unauthorised users after it is made available to authorised users. By using an information system audit and control, you can assure the security of the extremely sensitive customer data, as well as that the IS's hardware and software components are securing the assets and working efficiently to achieve the company's general objectives.
With a reliable IS audit process, you can evince your dedication to safeguarding card payment transactions, thus enhancing your company's reputation.
What Advantages Do Information Systems Audit and Control Provide?
The information system audit focuses on the process of obtaining and analysing the business' operations, processes, controls, and information systems. You need to make sure that your business' IS operates efficiently by going through the information system audit procedure and deriving the analysis of the verification, which indicates that all the aspects of your information system are secure.
The audit reviews, which are an integral component of the financial statement audit, are undertaken as a part of the IS audit. Some benefits of the IS audit process include:
• Use of the finest assessment methods, risk IT frameworks, and the complete circle suggested under IEC/ISO 27002 to reduce any information system risk.
• It helps you improve security, follow security regulations and laws, and minimise risks. Further advantages of the IS audit include improved business technology and communication management.
• Use standard information systems
• Better IS management
• Development of successful contingency and catastrophe recovery plans
• Effective IS process controls
What Are the Categories Covered by the Information System Audit?
The IS audit primarily covers the following areas:
• Information processing facilities: They help confirm that the business's IT activities function quickly, correctly, and properly in any situation, whether routine or disruptive.
• System Development: It assists in determining whether systems under development comply with PCI guidelines.
• Systems and Applications: They are properly handled by the IS audit.
• IT management: The operations and management of the IT department can be effectively regulated and structured through it.
As a result, an effective information system audit and control contributes to the security of your company's information systems.
