Security, privacy and data management issues top challenges for IT auditors
IT security, privacy and data management ranked as the top challenges facing IT auditors, according to a new report from consulting firm Protiviti and ISACA a global association that helps enterprises in the IT audit/assurance, governance, risk and information security areas.
For the research, the organizations surveyed 2,252 chief audit executives (CAEs), internal audit professionals, and IT audit vice presidents and directors worldwide, and found that IT security and privacy is the top technology challenges organizations are facing.
That was followed by data management and governance; emerging technology and infrastructure changes/transformation; staffing and skills challenges; and third-party/vendor management.
“As much as organizations are focusing on cyber security and protecting their data, they’re still behind given the changing landscape, growing sophistication of cyber criminals, evolving regulatory requirements such as GDPR [General Data Protection Regulation], and persistent gaps and process breakdowns that emerge as part of their ongoing transformation projects,” said Andrew Struthers-Kennedy, a Protiviti managing director and global leader of the firm’s IT Audit practice.
Data management and governance jumped to the second biggest challenge from the number 10 spot in the 2018 survey.
As organizations seek to leverage data with technologies such as artificial intelligence, machine learning, and continuous auditing and monitoring, IT audit functions are becoming increasingly focused on evaluating risks associated with data collection, processing, and reporting, the report said.