It’s every business owner’s nightmare — becoming the victim of a cyber attack, your data and operations at risk. While nobody likes to think that their company’s systems are insecure, in this digital era, new and sophisticated cyber threats arise every day, and unexpected downtime can be costly in more ways than one.
This is what makes information technology audits vital when it comes to ensuring that your systems are secure. An IT audit is an extensive analysis of a business’ IT environment involving the collection, examination, and evaluation of IT infrastructure—including policies and operations. The reports that result from audits contain critical information about all IT infrastructure components, such as the end devices, software, hardware, cloud solutions, the company’s IT staff, and their existing policies and procedures. This information acts as a guideline for businesses to detect risk, stay compliant, and implement the necessary changes to make their IT environment safe.
In an age where almost every aspect of a business has a technical component that affects day-to-day operations and helps them stay compliant with governing IT regulations, it’s essential that small and medium enterprises (SMEs) allocate a budget for IT audits.