How to Perform an Effective Cybersecurity Audit
In an era where cybersecurity risks are escalating at an alarming pace, the competencies and tools for conducting effective cybersecurity audits remain largely lacking. On 14 March 2024, IIA Singapore hosted a webinar titled "How to Perform an Effective Cybersecurity Audit", drawing over 270 attendees from Singapore and the broader region. The event provided a platform for addressing the challenges and complexities inherent in cybersecurity audit practices.
The speaker, Dr Matej Drascek, President of IIA–Slovenia, shared insights to help participants enhance their cybersecurity audit capabilities. Dr. Drascek elucidated the major risks encountered in internal audits of cybersecurity, equipping participants with the knowledge needed to identify and address potential vulnerabilities effectively. Moreover, he outlined steps for internal auditors to enhance the effectiveness of cybersecurity audits amidst the escalating threat landscape.
Continuous learning and professional development are paramount for staying abreast of evolving cybersecurity threats and technologies. Additionally, leveraging external expertise can complement internal capabilities while maintaining control over the audit process. Collaboration with first and second line roles is essential for a holistic approach to cybersecurity audit management. Furthermore, educating board members on cybersecurity risks fosters a culture of accountability and proactive risk management, which are good practices of governance.
As organisations grapple with the increasing complexity and frequency of cyber threats, the insights shared during the event help internal auditors to elevate their impact and fortify organisational resilience against cyber threats.
