IT Audit & Risk Advisory

Is Your Data Protected?

Even when stakeholders understand the level of potential risks that may reside within an organization, the time and expertise is not always available to effectively evaluate and expand upon those risks. SC&H Group’s IT Audit professionals help organizations evaluate functions to identify weaknesses and vulnerabilities around IT controls, processes, and procedures. We can then assist with risk mitigation techniques to reduce exposure. Our professionals provide independent, objective, and practical advice to minimize risk and increase IT maturity posture.

How Can We Help to Minimize IT Risk?

With the growing number and severity of today’s IT-related risks, achieving your strategic goals requires effectively understanding, identifying, and mitigating IT threats and vulnerabilities. Does your organization have the resources and expertise to manage IT risks and meet compliance requirements? The following IT Audit & Risk Advisory services provide organizations with IT risk evaluation and mitigation, compliance assessments, and IT strategy assistance.

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    IT Risk Management

    Reliance on technology is increasing, which introduces known and unknown risk within organizations of all industries. Managing and assessing IT risk is a critical component of an organization, and includes the organization’s technology division and several business components. SC&H assists organizations with the following:

    • Application Performance Review
    • Business Continuity Planning
    • Business Impact Analysis
    • Cybersecurity Program Assessment
    • Disaster Recovery Planning
    • Incident Response Planning
    • IT Process Improvement
    • IT Risk Assessment
    • Personally Identifiable Information Review
    • 3rd Party Validation
    • Vendor Management

    IT Internal Audit

    The lack of resources, time, and funding may place a strain on ensuring your organization has efficient and effective controls in place. Our experienced professionals work with organizations to provide a full suite of IT internal audit services. Full outsourcing is available for organizations that do not have an existing audit function; co-sourcing allows organizations that need internal audit specialist to supplement the organization’s efforts in any of the following functions.

    • Internal Audit Activities
      • Planning
      • Fieldwork
      • Reporting
      • Following up
    • IT Process Evaluations
      • Risk and Controls
      • Maturity
    • Testing
      • Application Controls
      • Information Technology General Controls (ITGCs)
      • Organization Specific Audits
      • System Development Life Cycle (SDLC)

    Sarbanes-Oxley (SOX) Compliance Assessments

    Critical audit reviews such as SOX tend to add additional organizational tasks to an already packed schedule of organizational reviews and audits. SC&H professionals can help decrease the amount of time, effort, and cost to maintain SOX compliance. From working with board members, communicating with external auditors, or performing actual control testing, our professional team can offer the right level of SOX compliance assistance that your organization needs. While SOX is associated with financial governance and accountability, there are specific information technology (IT) components that are reviewed to support these functions including:

    • Information Technology General Controls (ITGC)
      • Access Security
      • Change Management
      • Operations
    • Application Controls
      • Automated Processes

    Compliance / Regulatory Reviews

    With the continued increase in financial reporting regulations, an effective compliance strategy is critical for your organization to reduce costs and mitigate risks. Our professionals work with organizations to become compliant with frameworks such as the following:

    • Generally Accepted Government Auditing Standards (GAGAS) – Yellow Book
    • General Data Protection Regulation (GDPR)
    • National Institute of Standards and Technology (NIST)
    • Statement on Standards for Attestation Engagements (SSAE 18)
    • Service Organization Control (SOC) Type II
      • Standards for Internal Control in the Federal Government – Greenbook

    Training

    In today’s environment, an organization’s first line of defense is their employees. Build the necessary tool kit for your company by breaking down the importance of privacy and security through conversations with your employees. Our professionals help organizations create content and conduct training in the following areas of expertise:

    • Cybersecurity
    • Data Privacy
    • Handling Sensitive Information
    • Personally Identifiable Information (PII)
    • Security Awareness
    • Social Engineering
    • Training Based on Audit Recommendations

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