Why cybersecurity audits are essential for risk management

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Find out what your company could risk by not getting cybersecurity audits.

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TechRepublic contributing writer Lance Whitney reported in December 2020 that security firm McAfee estimated that cybercrime would cost the world $1 trillion last year. When it comes to cybersecurity, it’s difficult to improve anything if what already exists is a mystery.

Steven Wertheim, president of SonMax Consultants, in his CPA Journal article Auditing for Cybersecurity Risk makes a strong case that auditing should be a part of every cybersecurity defense program. Before Wertheim explains how auditing can help, he looks at the issues that could be caused when auditing is not in place.

SEE: Checklist: Security Risk Assessment (TechRepublic Premium) 

Potential cybersecurity risks of not conducting an audit

Inadequate understanding of the risks: Wertheim is concerned those in charge of a company’s cybersecurity are not cognizant of…

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