Audit Processes and Compliance Concepts

The video tutorial explains the concept of audits, highlighting their importance in IT security. It discusses the difference between internal and external audits, the role of audit committees, and the significance of compliance with regulations. Audits help identify vulnerabilities and ensure compliance, sometimes requiring third-party involvement for thoroughness. The tutorial emphasizes the need for self-assessment and understanding regulatory requirements to improve organizational security and compliance.

What is the primary purpose of conducting a cyber security audit?

• To increase the number of devices on a network

• To improve software user interfaces

• To examine the computing environment for security

• To reduce the cost of IT infrastructure

Which of the following is a potential benefit of conducting an audit?

• Reducing the number of employees

• Improving software aesthetics

• Finding vulnerabilities before hackers do

• Increasing network traffic

What is an attestation in the context of an audit?

• A summary of employee performance

• A list of software updates

• An opinion of truth based on audit results

• A detailed report of network traffic

What is the role of an audit committee?

• To design new software interfaces

• To manage risk and conduct internal audits

• To increase network bandwidth

• To hire new employees

Why might an organization conduct a self-assessment?

• To evaluate internal processes against requirements

• To improve employee satisfaction

• To increase the number of network devices

• To reduce software costs

What is a common starting point for internal audits?

• Conducting a self-assessment

• Hiring new employees

• Increasing software licenses

• Reducing network size

When is a third-party audit required?

• When the network is too small

• When the company wants to reduce costs

• When internal audits are insufficient

• When there are no compliance regulations

What is the outcome of a third-party audit?

• A detailed network map

• A list of new software features

• A report on current compliance status

• A summary of employee activities

What is the relationship between audits and compliance?

• Audits help ensure compliance with regulations

• Audits are unrelated to compliance

• Audits reduce the need for compliance

• Audits increase compliance costs

What might an audit reveal about a company?

• The number of employees

• The current compliance status

• The software development cycle

• The marketing strategy