Discussion: Choose one of your two audit plans Prepare a one page briefing statement for the IT Governance board of Red Clay Renovations which explains the purpose of the audit and provides the following details: Provide in-text citations and references for 3 or more authoritative sources. Put the reference list at the end of your posting. Make sure you also use the discussion rubric when creating this response to ensure you have all the required elements. Purchase the answer to view it
Briefing Statement: Purpose and Details of the Audit on Cybersecurity Controls at Red Clay Renovations
The purpose of this briefing statement is to provide an overview of the audit plan for assessing cybersecurity controls at Red Clay Renovations. This audit is designed to evaluate the effectiveness of the company’s cybersecurity measures in protecting its information assets, reducing the risk of cyber threats, and ensuring compliance with relevant regulatory requirements. This briefing aims to inform the IT Governance board of the audit plan and its objectives.
The audit plan consists of the following key steps:
1. Risk Assessment:
The first step of the audit is to conduct a comprehensive risk assessment to identify potential vulnerabilities and threats that may impact Red Clay Renovations’ information systems. This assessment will involve reviewing the organization’s existing security controls, policies, and procedures, as well as conducting interviews with key stakeholders.
2. Control Evaluation:
Once the risks are identified, the audit team will evaluate the effectiveness of Red Clay Renovations’ cybersecurity controls in mitigating those risks. This evaluation will involve examining the company’s technical controls (such as firewalls, antivirus software, and intrusion detection systems), as well as its administrative controls (such as security policies, procedures, and employee training programs).
3. Vulnerability Assessment:
In addition to evaluating controls, the audit plan includes conducting a vulnerability assessment to identify any weaknesses or gaps in the company’s systems. This assessment may involve using automated scanning tools and manual techniques to identify vulnerabilities in the network, applications, and databases.
4. Compliance Review:
The audit will also assess Red Clay Renovations’ compliance with applicable cybersecurity regulations and standards. This will include reviewing the organization’s adherence to industry best practices, as well as any legal requirements, such as the General Data Protection Regulation (GDPR) or the Payment Card Industry Data Security Standard (PCI DSS).
5. Reporting and Recommendations:
Upon completion of the audit, a comprehensive report will be provided to the IT Governance board, outlining the findings and recommendations. The report will highlight any identified weaknesses or vulnerabilities, and provide practical recommendations for improving the company’s cybersecurity controls. These recommendations will be tailored to address the specific risks and challenges faced by Red Clay Renovations.
The audit on cybersecurity controls at Red Clay Renovations aims to provide an independent assessment of the company’s information security posture. By evaluating the effectiveness of existing controls and identifying areas for improvement, this audit will help Red Clay Renovations enhance its cybersecurity resilience and ensure the confidentiality, integrity, and availability of its information assets.
1. NIST Special Publication 800-53: Security and Privacy Controls for Federal Information Systems and Organizations.
2. ISO/IEC 27001:2013 — Information technology — Security techniques — Information security management systems — Requirements.
3. PCI Security Standards Council. (2019). Payment Card Industry (PCI) Data Security Standard (DSS) Version 3.2.1