From the course: The Future of Audit

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Cybersecurity audits

Cybersecurity audits

From the course: The Future of Audit

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Cybersecurity audits

- As data has become an increasingly important asset for most companies and data security concerns have become increasingly important for consumers and businesses, cybersecurity audits have become a thing and they're going to become increasingly important in the future. There are three cybersecurity topics that companies need to consider even as they're audited for their safety and security procedures regarding data. The first is companies need to demonstrate resilience. This means that in the face of a cybersecurity attack, they can still bounce back and that their company will survive. As cybersecurity risks have increased, they've become going concern issues. That means that if companies don't have effective cybersecurity and they're subject to a cyber attack, they could cease to exist as businesses. Another important consideration when evaluating cybersecurity risks is resource management. This is the notion that…

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