General IT Controls Audit

IT is deeply integrated into every facet of an organization. There is no business function that remains untouched by the tools and processes of IT. Therefore, it is important that adequate controls are in place to mitigate risks, optimize performance, and achieve compliance.

With IT serving as a gatekeeper of sorts to every business process in an organization, it becomes imperative to evaluate its controls portfolio to discover vulnerabilities and identify risks that could threaten the integrity of the business process and the enterprise on the whole. General IT Controls apply to all aspects of the IT environment that support business objectives.

Under the Committee of Sponsoring Organizations (COSO), internal IT controls are required to maintain the reliability of financial reporting, optimize business operations, and fulfill compliance requirements. Business data flows through a network of interconnected IT systems; these systems store, process, and transmit data that has a bearing on an organization’s financial statement. From initiating a business transaction to recording an entry in the ledger, multiple business transactions are carried out using the IT infrastructure, which yields data that is eventually captured in financial reports. IT controls are therefore subject to a stringent audit to ensure the integrity of financial reporting. Any irregularities in financial reporting can also put an organization in greater risk of non-compliance with sections 302 and 304 of the Sarbanes Oxley Act. And non-compliance with the SOX regulation can lead to heavy fines and imprisonment for the top management of an organization.

At GRM Technologies, our experts will conduct a detailed gap analysis of your current IT controls to determine your current level of compliance and security posture. This includes a comprehensive assessment of your network and security infrastructure, data flow analysis, and configuration reviews of different IT appliances. Our experts will also look at your policies and procedures around user access management and identify any issues related to unauthorized changes to an IT environment. We will also examine the controls of your service providers to prevent your from any supply-chain attacks.

Our specialists come with a range of experience in evaluating and strengthening the IT controls of organizations. This includes installing and maintaining properly configured firewalls; creating effective network segmentation; ensuring that data at rest and in transit is made unintelligible by using encryption; and implementing a robust vulnerability management program that covers measures to harden your IT environment against malware attacks.

We will help your organization implement strong access control measures so that exposure to sensitive data is limited on a need-to-know basis by users who have been authenticated. Our team will work with you to set up a security operations center that monitors and tracks access to network resources and sensitive data, thereby allowing you to assess and detect any possible fraudulent activity in an organization We will also carry out vulnerability assessments and penetration testing periodically or at any time there is a significant change to the system thereby uncovering vulnerabilities and preempting any risks.

In addition, we will also work with you to set up an effective business continuity management plan, and an incident response team that is well-equipped to deal with the threats to your system, and in the event of a breach follow the standard operating procedure to restore your system to a minimum-viable operating level.

Our team will carry out extensive trainings and internal audits to set you up for success. We believe security is an iterative and continuous process, and with GRM Technologies by your side, you can be rest assured that we will partner with you to achieve and maintain not just compliance, but establish the necessary cybersecurity controls to preserve the security, integrity, and reliability of your data and business processes.

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At GRM Technologies, our professionals offer the best customized solutions to keep your information safe and secure. Your project is not just another job for us. It is a commitment. For us our customers are priceless and we respect them and try our best to come up to their expectations.

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