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Whitepaper Discusses Importance, Pitfalls of Internal Audits

DATA PROTECTION—U.S.

August 16, 2012

A PricewaterhouseCoopers whitepaper discusses internal audits’ ability to bolster security and prevent network breaches, eWeek reports. The whitepaper outlines how internal audits “have become a key pillar of security strategies in the age of data breaches” and how companies can makes audits more effective. Believing adequate security measures already exist, for example, can sometimes undermine an audit’s purpose, the report states. “Internal audit departments need strong governance, which leads to respect, credibility and visibility,” said PricewaterhouseCoopers’ Carolyn Holcomb, who says senior management need to become more aware of the risks and concerns associated with security and privacy, and board-level support for audits is very important.
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