IT and Audit Collaboration for Cybersecurity Improvement

This whitepaper discusses the collaboration between IT and Internal Audit teams to enhance cybersecurity measures. It outlines the importance of proactive risk assessment rather than reactive responses to breaches, emphasizing the need for both teams to work together to identify, prevent, and mitigate cyber risks. The document details various system-based solutions, such as patching IT systems, conducting vulnerability scans, and enforcing remediation of vulnerabilities. Additionally, it highlights the significance of human factors in cybersecurity, noting that many attacks originate from internal sources. The paper suggests implementing comprehensive training programs to convert employees into cybersecurity advocates. It also addresses the challenges faced in fostering collaboration between IT and Internal Audit, proposing strategies for effective communication and shared goals. The conclusion stresses the necessity for organizations to adapt to evolving cyber threats and the role of compliance as a protective measure for the bottom line.