The Benefits of IT GRC Auditing

July 22nd, 2014 by admin

There are a lot of benefits to IT GRC auditing. Whether your company does it in-house or you hire third-party company to do it for you, you need to conduct audits on a regular basis to make sure that your network is as secure as you think it is. There may be a variety of problems within your network either in the infrastructure or with the way your employees interact with the network – and an audit is going to discover each and every one of these.

One of the main benefits to IT GRC auditing is peace of mind. You need peace of mind in order to continue about your day on a day-to-day basis. If you are constantly wondering if people can get into the back door of your network, you aren’t going to be as productive as you could be. Having an audit done will ease your worries because you will have a report in front of you to tell you that the back doors are closed and your network is airtight.

Another benefit is that you can train your employees to the level that they need to be at. Your employees may not know how to identify a phishing website and they may be sharing passwords back and forth with each other as well as people who don’t even work for the company anymore. If you train all of your employees and let them know what the ramifications are for not following the rules, you will be able to maintain a higher level of security.

IT GRC auditing does not have to be an expensive undertaking. Many companies avoid the audits because they don’t understand the value in it. The truth of the matter is, security breaches occur each and every day. And you don’t have to be a large company in order to experience a breach. During a breach, a person can take anything – financial information, client information, credit card data, and anything else. This could ruin your company financially and send your reputation down the drain.

If you don’t have an IT staff member that can conduct a GRC audit for you, there are third-party companies that can do so. All you have to do is determine how often you want the audits in order to maintain security and figure out where you need to train employees. This can give you the peace of mind you need and ensure that your employees are trained properly.

There is no reason to go into your business every day wondering if your network infrastructure is as tight as you think it is. It doesn’t take long for IT GRC auditing to take place and the reports that you get as a result of it can be eye-opening. It is best to learn where the glitches are early on so that you can take action. You never want to be in a situation where you are trying to make changes to your network as a result of a breach.

3 Reasons to Get IT GRC Auditing

July 22nd, 2014 by admin

IT GRC auditing is one of the most important things that you can do for your company. There may be all sorts of network issues going on behind the scenes and you are not even aware of it. You can avoid these sorts of things by conducting an audit periodically on your system. This will allow you to have your questions answered about your system and avoid certain content loss in any area.

If you are not sure if you truly need IT GRC auditing or not, there are three good reasons why you should find a company that offers such an audit.

Your Reputation Depends On It

Your reputation depends on IT GRC auditing because your clients depend on you. When they share personal information with you, they expect you to keep that information safe. If someone finds a glitch in your network and is able to get in and acquire personal information from your clients, it will absolutely ruin your reputation. Your clients will leave you and they will go to a different company.

Most likely, all of those clients are going to speak out. In the world of social media, all it takes is one person to post a negative comment online for it to go viral. Before long, you may lose all of your clients and find it difficult to obtain new clients.

You Could Lose Everything

When you don’t take advantage of IT GRC auditing, you could lose everything. The average cost of a security breach is $5 million. This is a significant amount of money for any company – and large companies may lose even more. No one is safe from a security breach. Each and every year, small and large businesses alike suffer from such a breach – even the ones that think that their security is airtight.

You cannot take the chance of losing your entire company because someone found a backdoor or because your employees are not following Internet protocol. By conducting an audit, issues will come to light so that you can make adjustments within your system.

Your Companies May Not Be as Productive as You Think They Are

You hire IT employees in order to keep your system safe. You may have one employee or you may have an entire staff within your IT department. Either way, you expect them to be productive – focusing on security issues and constantly checking to make sure that the network is as secure as you hope it to be. If you are not conducting IT GRC auditing on a regular basis, your IT employees may start to slack off. This means that they are not working as productively as you hope they are and this is costing you a lot of money. In addition to the money that they are costing you in productivity, they are also putting your company at significant risk for a security breach.

The safest thing for you to do is to hire company to conduct the GRC audits on your behalf.

 

IT compliance auditing can save you a lot of money. If you look at the cost of an audit and turn your nose up at it because you don’t want to spend the money, you may be risking your entire business. One security breach can cost you a significant amount of money – and this doesn’t just have to do with the profits sitting in your bank account. Learn how scheduling an audit can be the best money you can spend on your business.

Avoid a Monetary Loss

If you don’t use IT compliance auditing, you could become the next victim of a security breach. Research has indicated that the average monetary loss for a company that experiences such a breach is $5 million. This could be any combination of bank accounts, corporate data, financial accounts, and much more. There is no telling what a hacker can get once they get inside of your system.

An audit is going to look at your system from all angles. This includes web applications, back doors, and more.

Avoid a Shift in Your Reputation

In today’s media-frenzy of a world, all it takes is one person to post about the data breach for the entire world to find out that you encountered a hack. People are going to go on the defensive and look to protect themselves. This means they may close an account with you, stop buying, and tell their friends. While the hack may not have been directly caused by you, not partaking in IT compliance auditing caused the hack to be possible.

Your reputation may drop significantly because people don’t trust you. They don’t trust that their information is safe in your hands. This means that online ordering may drop and people providing you with any personal information may come to a halt.

Avoid Paying More Labor

As you deal with a security breach, you are going to be spending a lot of money in labor. This is due to having more IT people focus on the problem and more employees drop off on their productivity because of having to circle back and address the problem.

Had you focused more on IT compliance auditing, none of this would have happened. Paying more labor to deal with the problem is entirely your fault because you failed to run checks on your system as often as you should have been doing.

The cost of an IT compliance audit is a minimal amount of money when you look at the big picture. You can’t NOT afford to spend the money because you can’t run the risk of someone hacking into your system. No business is safe from being hacked. Some companies will say they are too big to worry about it while others will say they are too small. Large and small companies alike have been hit and both have suffered significantly from it. You can take the defensive by doing some IT compliance auditing – and it will save you money.

4 Reasons to Avoid Internal IT Auditing

July 8th, 2014 by admin

You may think that you have everything figured out because you have internal IT auditing scheduled on a monthly or quarterly basis. The problem with internal auditing is that you may not be getting all of the details that you think you are. Problems can exist when you least expect them and those who are within your IT department may be the ones describing the problems so that you never find out what is going on.

There are four good reasons why you should avoid internal IT auditing. While you can have internal audits performed periodically, it is also important to have a third-party come out and conduct an IT audit as well to ensure that the reports match.

There is Too Much to Lose

An IT audit manager may not provide you with all of the details because there is too much for them to lose. If they report on issues within the network infrastructure, it may be their job on the line. Internal IT auditing can be problematic for this very reason. No one wants to be the reason that they are let go from a company. Especially in today’s job market, everyone wants to do whatever they can in order to hold onto their job – even if it means forging an audit.

Training is Not Thorough

Training may have a number of issues. Employees may not learn about phishing websites or what applications they can and cannot download. If the training is not being carried out on a regular basis, there may be issues within the infrastructure – and the IT manager may not include these on the report because it may be their responsibility. If the training is someone else’s responsibility, that person may have even requested that the information gets left off of the report. This is yet another reason why internal IT auditing can be a bad idea.

All Isn’t Being Covered

The person who conducts any kind of internal IT auditing may not cover as many things as they should be. They may only be looking at the infrastructure. This means they are not taking the time to look through employee email accounts, talking to employees about what they do and do not know, and looking at other areas where a security breach can occur. It every single aspect of the IT security isn’t being covered on an audit, it is leaving you susceptible to a breach.

Productivity Isn’t There

Your IT auditing may be covered by a specific position. You may have hired an audit manager for the sole purpose of conducting audits. If you are paying someone to be on your staff for auditing, they aren’t going to audit for the full 40 hours that you are paying them for. This has to cross your mind in terms of what they are doing for the rest of the time. It may be a huge waste of money and you aren’t gaining the productivity – which means a third-party company is the best route for you to take.

When was the last time you had IT compliance auditing in your company? Don’t say that you have never had it before because it could mean you are at risk for a security breach. In case you aren’t aware, security breaches affect thousands of businesses every year – and can take everything from you. Hackers are able to find a variety of loopholes into your system and drain you of your finances, your intellectual property and even of your contacts.

It’s important to focus on scheduling an IT compliance auditing service at least once a year – and more if you have had issues or if you make any updates to your infrastructure. Before you schedule the audit, there are a few things to consider.

  1. Who will conduct the audit?

All of the IT compliance auditing with your organization should be done by a third party. This ensures that all areas are checked and that you are given a full report of what’s going on. If you don’t hire a third party, you will have someone in the IT Department do the audit. If there is a glitch, do you think they are going to share that with you? Not if they think it will cost them their job.

  1. What will the audit entail?

Your IT compliance auditing needs to encompass all areas of your infrastructure. This includes your network, your servers, your employee email accounts and more. If you want to have some random tests sent to your employees to see how they handle a potential phishing attempt, that can be scheduled as well.

Ultimately you have to do what is necessary to protect your company. Over $5 million is the estimated cost of a security breach. This doesn’t even count the losses you could experience in other areas – such as the loss of business and the loss of your reputation. You can avoid a security breach with audits to find out where the problems lie. This is the only way to get everything under control so you can avoid losing data or anything else.

Companies that have been the victim of a security breach will tell you that they failed to schedule IT compliance auditing. If you ask them what they would have done differently, they would tell you that audits should have been scheduled and that it would have saved them a lot of time, money, and rehiring of IT professionals.

An IT compliance audit doesn’t take a lot of time, but it is a necessity from time to time. You will be able to sleep a lot sounder knowing that hackers can’t find a back door into your network and obtain data that they shouldn’t have access to. You have data security in place for a reason. You have a comprehensive security policy in place for the same reason. Now you have to see if those measures are enough or if you need to do more in order to lock down your system.

Why You Need IT Auditing

July 3rd, 2014 by admin

Your business needs to do everything possible to ensure that it is running properly. One of the worst things that can happen to your business is a security breach. This will not only cost you money but cost you your reputation as well. It is not something that you can allow to happen and this is ultimately why you need IT auditing. The auditing is not something that you have to do on your own. If you do not have the personnel qualified to conduct an audit or you want to ensure that you are receiving a full report, a third party company can be hired.
IT auditing is going to go through every aspect of your information security. This includes:
- Infrastructure
- IT security
- Networks
- Passwords
- Intranet
- Employee protocol
All of these different aspects can be checked with an audit. If you do not conduct an audit on a regular basis, any one of these can become an issue and cost you a significant amount of money. The only way to know for sure that your system is locked down tight is with IT auditing.
Your employees may never have been trained properly in order to maintain security. They may share passwords back-and-forth. They may not know how to identify phishing websites and they may be downloading applications on their computer that they shouldn’t be allowed to do. None of this is their fault if you haven’t trained them accordingly.
IT auditing can help you to explore all of your challenges with training. Once an audit is complete, you will see where the holes are and begin to train properly. The training may take place with all of your employees or just within certain departments.
The truth is that if you don’t conduct audits, you are putting your business in necessary danger. This includes a security breach that can leave you with nothing. The cost of a breach is an estimated $5 million – and large companies can experience an even greater loss. This is not something you want to risk and IT auditing can prevent it.
Once you come to the realization that you need an IT audit, you have to determine who is going to provide it. If you have someone on your staff conducting the audit, you may not be able to trust the report. Many will hide certain facts in order to protect themselves or their friends within the company. This means that you may be getting reports on your desk to tell you that everything is kosher when there are actually significant holes within the network that needs to be patched.
IT auditing can save you money and save you your company. It doesn’t take a lot of time to conduct and it can be conducted by someone other than one that is in your company. Third-party companies exist for the sole purpose of performing an audit so that you can be in the know about your company.

SVT at MMS 2013 at Mandalay Bay, Las Vegas

March 26th, 2013 by admin

Secure Vantage Technologies will be attending Microsoft’s annual MMS 2013 conference at Mandalay Bay, Las Vegas April 8th through April 12th. We will be providing product demos and a prize drawing every day.

Prizes include:

  • Roku Streaming Player
  • Kindle Fire
  • iPod
  • System Operations Center Bible

Come by Booth 638 for information on our IT security auditing technology, as well as our product demos and your chance to win!

For booth information and to schedule your product demo at MMS 2013 click here!

SVT Audit Manager ACS Optimizer

November 27th, 2012 by admin

SVT Audit Manager Essentials

November 27th, 2012 by admin

SVT Audit Manager Enterprise Suite

November 27th, 2012 by admin

Secure Vantage Technology’s Audit Manager 2010 can help to reduce the time and resources you spend in the IT security auditing process. Our certified auditor-led Audit Assist program is designed to eliminate the risks associated with preparing for external audits by ensuring the proper technical controls and corporate policies are in place.

SVT Audit Manager is a comprehensive and integrated auditing solution for Microsoft System Center comprised of tools, knowledge and guidance focused on optimizing IT GRC auditing for regulations such as Sarbanes-Oxley, HIPAA, ISO, COBIT, PCI DSS and FISMA. Organizations can amplify their Return on Investment (ROI) with Microsoft System Center by doing more with less.

SVT Audit Manager reduces the overall cost of meeting today’s complex regulatory requirements by fully leveraging the Operations Manager 2007 architecture. SVT consolidates and reduces silos of information by delivering unified application and systems performance management and an enterprise auditing solution.

SVT Audit Manager optimizes the Audit Collection Service (ACS) to enable automated indefinite storage of critical security data as well as providing comprehensive forensic security reporting coupled with detailed IT GRC oriented auditing, designed by auditors for auditors.

Integration with Service Manager further enhances SVT Audit Manager with key security related incident management processes as well as risk, program and change control workflows and automation, all of which help to ensure regulatory alignment and reduced corporate security exposure.

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SVT Audit Manager is a comprehensive and integrated auditing solution for Microsoft System Center