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Information Security Audit: What Can It Do for Your Business?

Author: Romy Fernandis
by Romy Fernandis
Posted: Mar 30, 2019

Any business that has taken time to carry out an information security audit will, in the end, realize in the end that it pays off to do this. A security assessment lexington ky is very imperative for an organization to take stock of current data storage and the present state of security measures applicable to them. At times referred to as a "security health check," the aim of this critical process, is to not only to catalog all the relevant assets, but to provide a secure platform for assessing the risks associated with these assets, and the business consequences in case of any compromise.

The asset base in terms of information owned by any business represents highly valuable intellectual property, which needs comprehensive care when it comes to management and total protection. This is real even if the data, in particular, is not part of the stock meant for trade. A perfect example is how useful a company telephone directory could be, to an industrial spy/hacker, determined to hack his way through databases of different organizations. The big question that arises from this scenario is, what is an information security audit and how can it be of excellent to the business owner?

To start with, security audit Lexington ky entails arranging all information assets, while at the same time, assessing the risks associated with each one of them. These risks are not only technical, but they also include an estimate of the impact on the business just in case its asset base was to be tampered with. This impact could be presented in the following ways. Lower income, interrupted business operations, compromised staff and customer safety and wasted research effort leaked to a competitor, or any result not technical in form. Secondly, the next stage is a "gap analysis." This is where the information security audit is compared, from each asset’s current security status, with the desired condition. This will then form a basis for future efforts needed to put in place an information security management system.

Such a security audit can be either an internal or an external review. If done internally, it will be carried out by the organization’s staff members, thus serves as an essential first stage in the whole process. If it is external, then it must be carried out by an expert team of independent consultants. Such a situation usually applies where a business is undergoing a certification process, in regards to an international standard. An external security review has the merit of being seen as nonpartisan to the company, and hence the result is more likely to be viewed as credible to partners, clients, and the public.

Security compliance Lexington ky audit requires great expertise not typically found in businesses, except for larger organizations. The result can significantly benefit the business entity in many ways. Above all is the credibility status it would acquire as a result.

Conclusion

It is very crucial for your security audit company to be in good terms with regulators. This enables you to get a quick nod from them, as they will be content already with the security audit. For probable outcome, ensure that you do not use the same company for your security audit.

Find more information relating to security assessment lexington ky, and security compliance lexington ky here.

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Author: Romy Fernandis

Romy Fernandis

Member since: Feb 12, 2017
Published articles: 1289

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