{"id":29114,"date":"2022-08-11T08:56:05","date_gmt":"2022-08-11T08:56:05","guid":{"rendered":"https:\/\/easydmarc.com\/blog\/?p=29114"},"modified":"2023-09-27T10:21:25","modified_gmt":"2023-09-27T10:21:25","slug":"what-is-a-cybersecurity-audit-and-why-is-it-important","status":"publish","type":"post","link":"https:\/\/easydmarc.com\/blog\/what-is-a-cybersecurity-audit-and-why-is-it-important\/","title":{"rendered":"What is a Cybersecurity Audit and\u00a0Why is it Important?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">If you run a data-driven business, you\u2019ll need a <\/span><b>cyber security audit<\/b><span style=\"font-weight: 400;\"> at some point. Audits help solve security issues while keeping your company compliant with laws and regulations. These evaluations work to control your assets and improve your defenses against data breaches and other threats. By probing your cybersecurity policies, standards, and guidelines, auditors identify flaws to rectify in any part of your infrastructure.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Below we discuss everything about <\/span><b>cyber security auditing<\/b><span style=\"font-weight: 400;\">: What it means, what the purpose is, and why you need it.<\/span><\/p>\n<h2><b>What is a Cybersecurity Audit?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">A <\/span><b>cyber security audit<\/b><span style=\"font-weight: 400;\"> is a complete analysis and review of each cybersecurity aspect related to the IT infrastructure of your company, from your policies and procedures to your security controls and action plans.\u00a0 These assessments are designed to detect every single vulnerability posing a threat to your business.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Audits highlight weak spots, such as backdoors used by cybercriminals for <\/span><span style=\"font-weight: 400;\">common types of scams<\/span><span style=\"font-weight: 400;\">. The primary goal of <\/span><b>cyber security auditing<\/b><span style=\"font-weight: 400;\"> is two-fold<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To achieve compliance with regulatory entities and validate certifiable standards in your industry<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To provide your managerial staff, customers, and vendors with an in-depth assessment of your company\u2019s security posture<\/span><\/li>\n<\/ul>\n<h2><b>What&#8217;s the Main Purpose of a Security Audit?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Many people wonder <\/span><b>what the main purpose of a security audit is<\/b><span style=\"font-weight: 400;\">. If your company aims to get its data protected, <\/span><b>cyber security and internal audits<\/b><span style=\"font-weight: 400;\"> go hand-in-hand. The primary purpose of any security audit is to understand how much data you have and how it\u2019s protected..\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It offers insights into which datasets are critical and the protocols you need to protect them. A <\/span><b>network security audit<\/b><span style=\"font-weight: 400;\"> helps you understand every <\/span><a href=\"https:\/\/easydmarc.com\/blog\/cybersecurity-risks-for-remote-teams-and-how-to-avoid-them\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">cybersecurity risk<\/span><\/a><span style=\"font-weight: 400;\"> threatening your company. These assessments improve your IT team\u2019s prowess in the face of a cyberattack.\u00a0<\/span><\/p>\n<h2><b>Does your Organization Need a Cybersecurity Audit?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">If your company wants to avoid a <\/span><a href=\"https:\/\/easydmarc.com\/blog\/what-is-a-data-breach\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">data breach<\/span><\/a><span style=\"font-weight: 400;\">, it needs <\/span><b>cyber security auditing<\/b><span style=\"font-weight: 400;\">. These audits help your business comply with legal, regulatory, and contractual cybersafety requirements.<br \/>\n<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Once your organization\u2019s cybersecurity practices are audited, you&#8217;ll better understand your risk management abilities. Cybersecurity audits increase your reputation as a data holder too.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You get to learn about risk governance and the importance of training for your employees. You also ensure continual operations while optimizing your organization&#8217;s best crisis management protocols.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Remember, hackers target more than system vulnerabilities\u2014they also exploit cybersecurity processes, procedures, and employees. A <\/span><b>cybersecurity audit<\/b><span style=\"font-weight: 400;\"> offers a bird\u2019s eye view of your company\u2019s cybersecurity weaknesses, threats, and risks, as well as the impact of each.<\/span><\/p>\n<h2><b>What are the Benefits of a Cybersecurity Audit?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">When you perform a <\/span><b>cyber security audit<\/b><span style=\"font-weight: 400;\">, you can improve your systems and address any weaknesses. Here are some of the most visible benefits:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Identify gaps in your cybersecurity<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Understand weak spots and how to address them<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Compliance with laws and regulations<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Enhanced reputation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Testing inherent controls of your system<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Improve cybersecurity procedures<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Raise cybersecurity awareness among employees<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reassure clients, vendors, and business partners about data safety<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Better system performance\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Enhance and update cybersecurity processes<\/span><\/li>\n<\/ul>\n<h2><b>What Does a Cybersecurity Audit Cover?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">To keep your data safe, it\u2019s best to understand what a <\/span><b>cyber security audit <\/b><span style=\"font-weight: 400;\">covers. The scope of these evaluations detects vulnerabilities and risks throughout your IT infrastructure. Auditors typically address the following :\u00a0<\/span><\/p>\n<h3><b>Data Security<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">A data security audit begins with a complete review of the access control of your network. Auditors also notice if you use any form of encryption, the <\/span><a href=\"https:\/\/easydmarc.com\/blog\/10-easy-solutions-to-protect-your-data\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">protection of your data<\/span><\/a><span style=\"font-weight: 400;\"> at rest, and how safe your data transmission is.\u00a0<\/span><\/p>\n<h3><b>Operational Security<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">A <\/span><b>cyber security audit<\/b><span style=\"font-weight: 400;\"> takes a complete look at all the security policies you have in place. It also examines every procedure, process, and control in your <\/span><a href=\"https:\/\/easydmarc.com\/blog\/6-best-data-loss-prevention-strategies\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">data loss prevention strategy<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h3><b>Network Security<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Auditors review all network controls and <\/span><a href=\"https:\/\/easydmarc.com\/blog\/top-5-data-security-protocols-in-2021\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">security protocols<\/span><\/a><span style=\"font-weight: 400;\">. They let you know if your security operation center is working efficiently. They also check whether your antivirus is configured correctly and if any other security monitoring tool is doing what it&#8217;s supposed to do.<\/span><\/p>\n<h3><b>System Security<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">At this stage, auditors ensure your data&#8217;s hardening process is working correctly. They also check that security patches are updated and privileged access is managed effectively.\u00a0<\/span><\/p>\n<h3><b>Physical Security<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">In the last stage of a <\/span><b>cyber security audit<\/b><span style=\"font-weight: 400;\">, auditors check the state of all physical devices used to access your network. They analyze disk encryption, all forms of role-based controls, and the use of MFA or biometric data.\u00a0<\/span><\/p>\n<h2><b>Internal vs. External Cybersecurity Audits<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">If you want to perform a <\/span><b>cyber security audit<\/b><span style=\"font-weight: 400;\">, your IT department can typically do it. However, there&#8217;s a slight chance they won&#8217;t have all the tools to conduct such a task properly.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That\u2019s why it\u2019s best to work with a third party for a deep dive inside the inner workings of your network and systems. The only notion of placing <\/span><b>cyber security and internal audit<\/b><span style=\"font-weight: 400;\"> in the same sentence is to cut costs. Time also plays a significant factor since audits handled in-house are typically quicker.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Outsourcing can be quite expensive if you run a small company with no IT department. But you can still learn <\/span><b>how to audit the cyber security<\/b><span style=\"font-weight: 400;\"> of your network. That said, external auditors offer an objective and impartial look at your systems, skillfully identifying weaknesses and issues.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They\u2019re also the harshest critics since their unbiased analysis can uncover every vulnerability in your cybersecurity. In the end, they&#8217;ll offer complete reports with detailed solutions to every problem they find.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While not the most optimal metric, the choice of internal vs. external audits finally boils down to budget. The<\/span><b> internal audit role in cybersecurity<\/b><span style=\"font-weight: 400;\"> is to analyze and fix a system the IT team is familiar with.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, this can lead to bias or even overlooked aspects of cybersecurity that have the potential to affect the company. External auditors, however, have no qualms letting you know exactly where your system\u2019s weaknesses lie. You can make a choice based on the needs of your company.\u00a0<\/span><\/p>\n<h2><b>Best Practices of a Cybersecurity Audit<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">A <\/span><b>cyber security audit <\/b><span style=\"font-weight: 400;\">typically has seven processes to ensure success:<\/span><\/p>\n<h3><b>Define the Scope of the Audit<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">For an optimal <\/span><b>cyber security audit<\/b><span style=\"font-weight: 400;\">, list your assets and group your sensitive data. You also need to know your hardware stock: How many devices are available and operative? After the roundup, define the security perimeter for everything. That way, auditors will know what to include in the auditing process and what to leave out<\/span><\/p>\n<h3><b>Share Your Resources with the Auditors<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Your auditors need to know all the members of your team, especially those who work in sensitive areas. To perform a more detailed<\/span><b> cyber security audit<\/b><span style=\"font-weight: 400;\">, the assessment team must know every point of contact with your system.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They need to understand how every person works, the tools they use, and how they access your network. This is how auditors get a better understanding of your cybersecurity policies.<\/span><\/p>\n<h3><b>Review your Compliance Standards<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Before going through the motions of a <\/span><b>cyber security audit<\/b><span style=\"font-weight: 400;\">, you should look at your compliance requirements. These rules and regulations vary depending on the state or country you&#8217;re in. Your auditors need all details of your compliance. If you don&#8217;t have them updated, they&#8217;ll offer a walkthrough to ensure your business aligns with any industry requirements you perform.<\/span><\/p>\n<h3><b>Be Open About All Details of Your Network Structure<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">When business owners ask <\/span><b>what the main purpose of a security audit is<\/b><span style=\"font-weight: 400;\">, it all comes down to full disclosure of security gaps in their companies. Your auditors need a complete view of your network\u2019s structure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They should have access to the IT team that supports the auditing team in any procedures to identify vulnerabilities. Once they find backdoors or gaps in your infrastructure, they can figure out if you&#8217;re protected against them or not.<\/span><\/p>\n<h3><b>Make Sure You Understand the Vulnerabilities of Your System<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Most business owners are unaware of the risks they\u2019re exposed to before running a <\/span><b>cyber security audit<\/b><span style=\"font-weight: 400;\">. An audit is essentially an eye-opener. You get to see every problem with your defenses (if any). You\u2019ll understand the risks faced online and the laws and regulations that apply to your business. It also helps to let auditors know exactly what portions of your network need protection.<\/span><\/p>\n<h3><b>Evaluate your Cyber Risk Management Performance<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">A <\/span><b>cyber security audit<\/b><span style=\"font-weight: 400;\"> offers a complete overview of every vulnerability in your system and how hackers can exploit them. This helps you update your cyber risk management plan. If your current defense policies are ineffective, it&#8217;s time for an update. You can install improved scanning tools and implement a new DLP strategy.\u00a0\u00a0<\/span><\/p>\n<h3><b>Prioritize Responses<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Once the <\/span><b>cyber security audit<\/b><span style=\"font-weight: 400;\"> is finished, you can decide what to do next with an improved sense of priority. The audit identifies what part of your network is more exposed and offers solutions to solve these issues. By prioritizing the more pressing threats, you\u2019ll ensure your company&#8217;s data is safe while averting most cyberattacks.<\/span><\/p>\n<h2><b>Cybersecurity Audit Checklist<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">A <\/span><b>cyber security audit checklist<\/b><span style=\"font-weight: 400;\"> includes the basic requirements to be assessed by the auditors. Most checklist items are tailored to each company depending on the industry and size of their business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, a basic set of categories are included in every audit. These are the essentials you need to request regardless of your niche:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">An inventory of all hardware assets<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">An inventory of all software used in your company<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tools for ongoing vulnerability management<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Controls for administrative privileges<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Security configuration for hardware and software in all devices, such as laptops, terminals, servers, and smartphones<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Schedules for maintenance and monitoring, as well as audit logs<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Email and browser protection<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Malware defenses<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Controlled access to network ports, including all protocols and server data<\/span><\/li>\n<\/ul>\n<h2><b>How Often to Perform a Cybersecurity Audit?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Once you learn <\/span><b>how to audit your cyber security<\/b><span style=\"font-weight: 400;\">, you need to answer another question: How often should you run these audits on your systems? The answer is tricky. It depends on the size of your company and budget.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Large multinationals perform <\/span><b>cyber security audits<\/b><span style=\"font-weight: 400;\"> monthly since they handle large data hubs. A middle-size company requires these audits twice a year, depending on the volume of its operations. Small businesses only need a yearly audit.\u00a0\u00a0<\/span><\/p>\n<h2><b>Final Thoughts<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">As a business owner, you must understand the risks and threats on the internet. Your network isn\u2019t exempt from malicious actors. <\/span><b>Cyber security audits<\/b><span style=\"font-weight: 400;\"> are designed to help you understand your system\u2019s vulnerabilities. Periodical audits can help increase the security of your data while improving your reputation with customers and business partners.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A proper <\/span><b>cyber security audit<\/b><span style=\"font-weight: 400;\"> focuses on data and ongoing operations. It highlights the weak portions of your infrastructure and network. Security audits help improve security with detailed reports stating what needs to be improved. Audits take a look at all your assets and ensure your security processes work efficiently with recommended updates and rectifications.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you run a data-driven business, you\u2019ll need &#8230;<\/p>\n","protected":false},"author":5,"featured_media":32504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[204,199],"tags":[],"class_list":["post-29114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-cybersecurity"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What is a Cybersecurity Audit and\u00a0Why is it Important? | EasyDMARC<\/title>\n<meta name=\"description\" content=\"Have you ever run a cyber security audit on your systems? 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