Why are Cybersecurity Audits Essential for Risk Management?

What was the last time you did a complete cybersecurity audit for your organization? 

And, when we talk about audit, we don’t mean any simple scan.It means in-depth audit of complete cybersecurity management.. 

Well, if you don’t remember, you might want to tighten your seat belts because you are a potential victim of a cyberattack in near future.

As cyber attacks continue to thrive all over the world, there is no chance that the risks will disappear.

According to the study by Purplesec, Cyber criminals will steal an estimated 33 billion records in 2023.

So the question arises.

What is your organization doing for cybersecurity management to secure the information?

This is where the term “Cybersecurity Audit” comes into play.

A security audit, in short, helps you find cybersecurity challenges and risks to your organization. 

Most organizations are unaware of the importance of security audit and they end up with nothing, but cyberattack. 
Moreover, you can find the right
cybersecurity company to have the best security audit and find out the strengths and loopholes.

What is the Main Purpose of a Security Audit?

Cybersecurity is all about information and data security. Most attackers target the weakest links of the organization. Therefore, security loopholes are the major reason why hackers are succeeding with their attacks.

The Scope of a Cybersecurity Audit

Cybersecurity audits provide a comprehensive audit of your organization’s security postures. It finds out vulnerabilities, risks, and threats.

  1. Physical Security – It covers biometric data, multi factor authentication, disk encryption, etc.
  2. Operational Security – It involves security controls, procedures, and policies.
  3. Data Security – It involves encryption use, network access control, data security at rest, and transmissions
  4. System Security – It covers patching processes, hardening processes, privileged account management, role-based access, etc.
  5. Network Security – It reviews network and security controls, SOC, anti-virus    configurations, security monitoring capabilities, etc.

Why Does Your Business Need a Cyber Risk Management Strategy?

Every organisation needs to realize the importance of risk management. You may be using a cyber risk management strategy for your organizations, but you never know the attackers. 

One attack could possibly cause potential damage to your organizations. You may lose your data, finances, brand reputation and even employee confidence.

Having a risk management strategy within your organisation lets you mitigate the risks and protect you from future cyberattack. 

It is critical that every organisation has a cyber risk management plan in place. A cyber audit will review and determine the probability of any cyberattacks to your organizations. If you know the key threats to your business, it means you will spend your time and money on the right things.

Our approach

TAC Security has a team of qualified cyber professionals, skilled and experienced in delivering the best-in-class services. Our AI-based ESOF platform will help you automate the entire process of cyber auditing, resulting in saving time and money at the same time.

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