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An overview of cybersecurity audits for companies

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The awareness of the necessity for strict cybersecurity services measures increased significantly even as cyber-attacks and threats grew at an alarming rate and crippled enterprises everywhere. But protecting your network and data from attacks is not enough; it is also crucial to routinely audit the steps taken to ensure their continued efficacy. The epidemic necessitated a work-from-home culture, which only made things worse and necessitated tight audit norms and restrictions.

What is a cybersecurity audit?

A cyber security audit is a thorough examination of a company’s infrastructure, data, firewalls, and security network against a predetermined set of standards to identify flaws and reveal vulnerabilities. Typically, a company’s internal cyber security team handles all security requirements, while an audit is carried out by an external, independent third party organisation that has been approved by the relevant government authority. Their main responsibility is to find any potential hazards that the firm might encounter.

What are the reasons to go for a cyber security audit?

The top indicators are:

  • The system is exposed by outdated technology that is incapable of detecting attacks or intrusions. Not only technology but also outdated rules and procedures can lead to issues.
  • Fear about emerging risks – The best course of action is to experiment with new technology and develop creative fixes. 
  • assuming that the company’s size is too little to warrant an audit. No of their size, all firms, large and small, should regularly undergo a cybersecurity audit.

What are the benefits of a cyber security audit?

  1. confirmation of the effectiveness of the current security infrastructure from outside audit teams.
  2. suggestions and actions to strengthen and secure the security system even more.
  3. The audits assist in bringing the security system up to standard to successfully thwart any intrusions in light of new attack techniques.
  4. An audit contributes to increased trust among the company’s stakeholders, customers, owners, and even staff. It also aids in attracting new customers.
  5. It highlights the benefits of utilising cutting-edge technology and urges the business to make smart investments in strong, demanding cyber security measures.
  6. A cyber security audit aids in complying with regulations. Government-set rules assist protect businesses from risks, breaches, and incursions brought on by the use of online transactions and reduce risk.

What extent does the cybersecurity audit cover?

The audit covers the entire network and architecture because it is a thorough one. It encompasses the whole security setup and also considers risk avoidance strategies.

  1. It starts by going over the business’s physical setup, hardware, and security measures against things like theft, flooding, and other natural calamities.
  2. It determines if the data is secure from being damaged or leaked into unauthorised hands. It analyses the methods of data encryption currently in use for this purpose.
  3. It separates data according to how crucial it is and finds weaknesses in the system.
  4. It looks for any gaps in the organization’s firewalls, VPN network, email security, etc. that could result in a possible data leakage.
  5. It determines if the business has a software upgrading system. For instance, antivirus software that has been updated will offer defence against the most recent dangers.

How much time must pass before the security audit is conducted?

There isn’t a set period of time per se because everything relies on the business, including its infrastructure, the complexity of its systems, the budget allotted, etc. An ongoing audit cannot forecast the future of cyber security management; it can only describe the effectiveness of cybersecurity at that certain moment in time.

The ability to conduct audits on an organization’s budget is also crucial. This procedure takes a long time and costs a lot of money. Audits can therefore be conducted twice a year if there are financial restrictions.

The cyber world is dangerous, and since more complex attacks are always being developed, it is wise for the company to keep in mind that it is far preferable to stop the threat at its earliest stage rather than face the onslaught of a full-blown attack. Consequently, a biannual audit plan is advised.

What are the cybersecurity audit best practices?

To achieve the single objective of developing an efficient cyber security system, the client and the third-party auditor must collaborate effectively. The following are a few recommended best practises:

  1. Before signing any contract, the auditor must, first and foremost, be familiar with the company’s policies. The clients’ privacy, honesty, and security are of the utmost concern.

What are the factors to be considered while conducting a cybersecurity audit?

Depending on their overall security demands, various businesses have varying needs. The IT team also created a framework to maintain data online in the event of a cyber-attack. Other elements to take into account are:

  • Make sure that all network and security controls are completely visible.
  • What security procedures are in place in the case of a remote workforce? How safe is the VPN system? Do they have complete access to the company’s data or only some of it?
  • Perform a complete inspection of all smart devices connected to the company’s network.
  • Perform a complete inspection of all smart devices connected to the company’s network.

How to develop a cybersecurity assessment framework?

  1. For a fair evaluation, choosing the appropriate audit professionals is essential. An asset is an experienced auditor with the appropriate knowledge of technology. Being familiar with the present risk environment and cyberspace might be essential abilities for the organisation.
  2. The evaluation should be thorough, in-depth, and necessitate considerable testing.

What is the methodology used by cybersecurity auditors?

Different strategies are used by cyber security auditors when conducting audits. The kind of auditing that can be conducted depends on a number of variables, including the size of the business, the complexity of the systems, the sensitivity of the data, etc.

Penetration test – 

Pen testing is a type of ethical hacking that enables a licensed team to conduct a simulated attack on the system.  External testing and internal testing are two types of testing. The visible assets of a corporation, such as domain name servers, emails, websites, etc., are the focus of external testing. With access to programmes behind the firewall, internal testing poses an insider threat.

Compliance audits – 

It conducts a thorough examination of all corporate policies, internal rules, regulations, judgments, practices, etc. 

Risk assessment process – 

It makes up the stages of identification and response. Investigation, inspection, observation, and analytical techniques are other components of identification.

Vulnerability assessment test – 

It aids in locating, evaluating, and ranking a system’s weaknesses. 

Due diligence audit – 

a thorough investigation of a company’s finances to make sure there are no exploitable liabilities. It assesses the risks a company faces in terms of law and money.

What is a cyber security audit checklist? How is it useful?

 This checklist identifies the company’s existing level of security and establishes a desirable objective.

  • Does the business have established cybersecurity rules and procedures?
  • Examine the firewall’s security; does it effectively safeguard the internet?
  • Exists a programme to teach staff and employees about cyber security?
  • Are devices that contain sensitive information set up with access control?
  • Do routine audits become a component of business policy?
  • Has the business established a cyber incident response team to act in the event of an assault?
  • Is vulnerability testing carried out frequently? 
  • Do all computers, laptops, and mobile devices have password protection?
  • Are single sign-on (SSO) and multi-factor authorization (MFA) used for remote access?
  • Is there a backup option for every virtual system?
  • Does the administration just have access to administrative functions and not any other access to confidential data?
  • Do the administration’s only access to secret information pertain to administrative tasks?


Attacks and breaches are now frequent occurrences that are constantly evolving and growing more sophisticated. Aside from technical difficulties, it is beneficial to adhere to predetermined legal restrictions.

 Regular evaluations and tests, together with a thorough audit, assist keep the organisation safe from cybercriminals. 

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