There's a digital transformation that's changing the way we do business. As business changes from top to bottom, auditors are going to have some harsh adjustments to make. The migration to digital processes means retraining staff, rethinking job roles and integrating with cloud resources. This has a particularly high impact on vital functions monitored by auditors.
More Tech Savvy Auditors are Needed
As a result, auditors have to make a lot of changes to their processes just to catch up. The old rulebooks go out the window, as new cloud-integrated data forces auditors to figure out how to apply old rules to new technology. In order to get a handle on this new world, auditors need tech skills combined with their current skill sets to accurately assess the health of the organization. There's a deeper level of penetration required that may force auditors to make some waves. They might just have to start delving into IT processes to ensure that they are getting enough detail to make a proper assessment.
Tech skills are required to go through modern IT systems and evaluate whether access to data is secure, data governance is robust, and how secure systems are following migration to the cloud. Roadmaps to guide an organization through implementations of new technology are crucial. To assess the validity of these plans, auditors need to first understand the technology.
Gap in Cybersecurity Auditing
ISACA and Protiviti performed a survey of over 1,300 high-level auditors. According to their findings, cybersecurity impacts the majority of audit plans this year. They reported that 20 percent of organizations don't include cybersecurity at all in their current audit strategies. When asked about the gap in auditing, 37 percent of respondents said they simply didn't have enough qualified people or resources to handle the cybersecurity audits.
There is an emphasis on digital transformation in most companies these days. Therefore, IT auditors are key resources at every stage of a project's lifecycle. Inserting audits ensures that processes and policies are in place to reduce the overall risk profile. To get the appropriate resources, IT leaders have to champion the benefits of auditing all processes, including security. Then, those hired to fulfill audit functions need to possess the appropriate tech skills to find and translate gaps that can be fixed.
Cooperation is the Key to Success in this Area
As stated before, auditors need to insert themselves into IT functions, which may not go over well with their tech partners. That's why it's important to make the process transparent so that everyone is onboard with the new processes. When auditors and the IT team partner on the necessary oversight, the whole process becomes less possessive and defensive.
Here are the major areas that require greater depth in the audit trail:
- Infrastructure management
- Emerging technology
- Resource/staffing/skills challenges
- Regulatory compliance
- Data governance
- Cloud computing
- Vendor interface
- Project management
- Data management
- Emerging technology
- Change management
By recognizing the areas of challenge, organizations can rank the most urgent areas that need to be addressed and approach them one by one or as part of a large-scale project. Similarly, when candidates figure out where their talents need to be, they can prove more useful to the company.
When you have the skills and knowledge you need, contact ICS. We can get you a job at a place where your talents make a greater impact. If you're unsatisfied with how your company utilizes you talent, click below for our open jobs. There may be one made just for you.