Advancements and innovations in internet technology have reaped many benefits; and concurrently, there are various risks and threat related to it. Businesses secure all important information about their company and clients on their systems and one should never turn a blind eye on the security risks which may arise out of it. Mitigating risk is vital to avoid security breach and an accurate audit of your IT systems will convince be beneficial here.
Information Systems
Information systems is an umbrella term for the people, systems, and processes designed to create, store, manipulate, distribute and disseminate information. the field of information systems is connecting business and computer science.
Information Technology
Information technology falls under the IS umbrella but deals with the technology involved within the systems themselves. Information technology are often defined as study, design, implementation, support or management of computer-based information systems.
Impacts of Information systems
Computerized information systems, since the arrival of the web, online and mobile computing, have had a profound effect on organizations, economies, and societies, also as on individuals whose lives and activities are conducted in these social aggregates.
IT audit
Information technology audits evaluates whether IT controls protect corporate assets, ensure data integrity and are aligned with the business’s overall objectives. IT auditors not only examine physical security controls, but also overall business and financial controls that requires information technology systems. The right functioning of information-related controls and processes are ensured with the assistance of IT audit in Dubai.
Information systems audit
It is possible to evaluate the efficacy and efficiency of the controls of an information system through the use of an audit of information systems. An audit is conducted with the purpose of determining whether or not information systems are able to effectively support business objectives, secure company assets, ensure the integrity of data that is stored and transferred, and manage operations efficiently. In the context of a more comprehensive financial audit, this subset is responsible for validating the accounting records and financial statements of an organisation. Through the use of information technology, each and every financial transaction is monitored. When put another way, it is necessary to have an audit trail in order to ascertain the origin of each transaction and the manner in which it was processed. In addition to financial audits, operational audits are carried out to evaluate the efficacy and efficiency of information system operations. Technological audits, on the other hand, are carried out to guarantee that information technologies are chosen, configured, and deployed in the appropriate manner.
Advantages of information system audit in Dubai
- Reduced risk – The Information system audit in Dubai tackle risk associated with integrity, availability, and confidentiality of the IT processes. The audit improves reliability by covering a variety of threats and mitigating them.
- Secure data – After identifying risks, the organization shall proceed to redesign or strengthen the poor design, thus leading to secure data.
- System evaluation – IT audit allow you to know whether you’re investing within the right system. This makes sure that information system is efficient and meets all the objectives.
- IT governance – Information system audit in Dubai ensures that all the business laws and regulations are met by employees and also by IT department. This enhances the IT governance and overall IT management.
Information system audit in Dubai involves four steps, they are
- Measure vulnerability – Initially, the audit process identifies the vulnerability of every application. If the probability of computer abuse is high, then there would be a greater demand for Information system audit.
- Identify sources of threat – Identify people who may pose threat to the information systems. Most of the threats to information systems are made by people like data entry operators, data providers, computer security specialists, etc.
- Identification of high-risk points – Identify the occasions, points, or events where information system is penetrated. The high-risk point could be when a data or program file is changed or fault.
- Check for computer abuse – The final step is to conduct audit of high potential points keeping the view of activities which could abuse the IT system for applications that are highly vulnerable.
Key areas:
- Security and Privacy (Information leakage prevention, Biometrics , Security of changes and identity management)
- Data (Data privacy, Data access, Data quality)
- Resilience and Continuity (Resilience and preparedness, Recovery after IS failure, Testing, drills and simulations)
- Fraud (Fraud risk management , IT forensics)
- Payments (Payment risk management, Sanctions OFAC, PSD/SEPA preparedness)
- Projects and Testing (Test management, Project risk management, Implementation of tests)
- Contracts (Supplier risk management, Contracting risk)
- IT Controls (Technology risk management, Controlling changes, IT internal audit, Organization-level risk management)
IT Risk Management
Choosing the right audit firm to assess your IT process may be a crucial thing. It requires experts trained within the field of auditing who features a keen eye for security. KGRN is endowed with experts who can efficiently and successfully perform IT audit services in Dubai and gives additional support like IT auditors when required. We are always ready to go the extra mile to assist you fight risk and keep your data safe. we provide IT audit on financial statements, that suits IT policies and methods, IT controls also business stability.
In collaboration with internal audit, business, and IT leadership, we will convert risk profile into a program of targeted IT audits designed to more deeply assess the present risk levels and identify viable options for mitigation.
Our IT audit programme can bring much-needed specialized skills and knowledge to your internal audit program, help in risk assessment and assist you leverage tools and technology not available to the standard internal audit shop.
