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Why Information System Audit Is Essential For An Organization

With the development of IS technology, the risks of information systems is growing day-to-day. The IS Audit procedures are applied during the Systems Development Life Cycle (SDLC) to safeguard the application software from vulnerabilities and data theft.
With the Big Data and other IS technologies developing, more issues on data privacy from the public areemerging. The organizations that deal with data information need to assure that their system meet the security compliance and maintains system integrity and privacy. Here IS audit play a significant role in dealing these problems.
The Importance of Information System Audit
When an organization carry out IS audit, it could find out the and determine the probability of suspicious and malicious and dangerous malware related to IT assets. This will help them to eliminate and evaluate controls to reduce risks. Commonly, IS audit done through a specific control review which involves the analysis of availability, confidentiality, and integrity of the company/ organization or entity.
Moreover, ...
... through auditing process other factors such as organizational, financial and administrative systems are also scrutinized. In short IS auditing analysis the whole arrangementlike management to IS platforms. The auditing methodology meets the ISACA standards and guidelines and requirements.
The auditing process carried out through 4 phases such as
Audit planning
Business process and risk assessmentstudy
Audit work performance
Reporting
The expert or the developers first analyze the objective and requirement of the busines and the client and plan IS exposure based on the legal compliance requirement. The audit charter needs to approve the audit plan through approval letter. Then the risk assessments are carried out by the developers through the study of the risk probability for the existing system in the organization.
The risk-based audit approach has the ability to find out the chances of damage, vulnerabilities, IT to assets in the organization. Based on the assessment an audit establishes a planwhich says about the objective, timing and resources required and the audit process is carried out. Then with this report, the organization take important decisions on in different sector.
The Role of Information system Auditor
IS auditor acts as the intermediate between the software the management and the development team. Unlike the system analyst, the role of theInformation System auditorinteracts with the development team and explains the requirements of the managements and also reviewsthe project for the management.
Author Bio: braydenbrennan is a good blogger and writes on security software applications. She worked as an Information System Audit department in a famous company. She shares her experience to educate the readers.
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