IT Audit
An information technology audit (IT audit) is a systematic analysis of the various management controls lying within the corporate IT infrastructure. The assessment of collected information helps to determine if the information systems are safeguarding assets, maintaining data integrity, and operating effectively to achieve the organization’s goals or objectives. This also helps determining organization current software/OEM licensing compliance state. These reviews may be performed in parallel with a financial statement audit, internal audit.
Why SMEs need IT Audit?
Numerous businesses are investing an enormous amount of capital on IT infrastructure, they realize the advantages that IT awareness may add to their operations and services. However, adding new technologies also increase the probability of its misuse and security incidence so its necessary to ensure the IT systems are reliable, secure and not vulnerable to attacks.
IT audit is a must to keep business operating smoothly, it provides assurance for the IT operations security status, presents reliable information to clients. An unnoticed prominent error may result in frequent network failure, causing more boundless damage than a human error. IT audit helps to decrease risks of data tampering, data loss or theft, service interruption, and inadequate administration of IT systems.