Information Technology Audits

An IT audit from Oread Risk & Advisory helps organizations mitigate risks associated with their data and systems. Our information technology (IT) audits help to ensure that your business systems operate optimally and minimize potential threats or risk. In conjunction with your audit work plan, our IT audit will create a layer of security for your organization. Through this process, we conduct a variety of specialized, and often, industry-specific information technology audits that address security, compliance performance and overall risk.

The goals of our industry leading IT audits are to:

  • Understand how your consumer data is stored, accessed and maintained on your IT systems
  • Identify and assess all current and foreseeable risks to your IT systems and the data stored on them
  • Design and implement a risk management plan to mitigate those risks
  • Test the components of the plan and adjust as needed

In our digital age,  companies across markets and industries depend heavily on technology to operate successfully. An IT audit plays an  important role in helping companies manage and respond to risks. Strategic sourcing of internal IT audits enables an organization to assemble value-added internal audit teams that know the organization, industry, and technology, and have the tools necessary to execute efficiently. We want to help you create a sustainable approach to IT security.

Do I Really Need An IT Audit?

An IT audit is a key component of any HIPAA compliance initiative. Any and all “individually identifiable health information” held or transmitted by a covered entity or its business associate, in any form or media, whether electronic, paper or oral, is reviewable. This includes birth dates, admission info, discharge info, date of death, social security information, medical record numbers and more. The migration from paper based records to digital records brings to focus how your company’s information technology effects your ability to maintain HIPAA compliance.

Failing to maintain adequate security and privacy as a result of IT systems or processes can cost your company millions. The recent court rulings are staggering, and a robust IT audit is your first line of defense in protecting against a breach (and the potential resulting legal action).

If you’re ready to consider an IT audit for your company, please contact us today.

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