A business audit helps the management identify the security risks to make changes to protect the company from experiencing these risks. Whether you have an online or instore business, auditing is a must to improve performance. Below is a guide on how to audit your business security both online and in-store.

Online Audit

Online businesses should understand that standard risk assessment is not enough to construct a security strategy to protect digital assets. A cybersecurity audit is necessary to set goals and parameters. You will be able to establish security standards, enforce regulations, and ascertain your security states when you do self-audits. When conducting a cybersecurity audit, consider the following.

Define your priorities

When defining security priorities, the auditor highlights the stretch of the audit. He needs to record all assets, which includes the company and customer sensitive information. Set the security parameters after asset listing.

Assess the security threat

An auditor should consider any conceivable threat that can bring down a business significantly. Evaluate weak passwords, insider threats, DDos breaches, malware, and employee devices. After the assessment, the security position strengthens.

Current security evaluation

After identifying potential threats, you should evaluate whether your infrastructure can defend these threats. Check whether the existing security measures in your organization can effectively deal with potential risks.

Priority and the final security protocol

The most crucial part of auditing is priorities and protocols. You need to take the list of threats prioritized, a written list of security, and the practices to consider to reduce the risks. Examples of techniques to use in an organization include training employees, protecting emails, managing passwords, and creating backups.

In-store Audit

An in-store audit should give accurate information about what is happening in the store. Auditing helps an organization inspect what it expects. Organizations do this to control inventory shrinkage. When doing an in-store audit, consider the following.

Taskforce creation

A task force is an essential in-store audit to prevent losses. The task force should have store management, corporate, and loss prevention. The credibility of the in-store audit includes the store personnel in the process.

Include company policy writers and Human Resource representative

The people who write the company’s policies are essential to educating members on the existing procedures and policies. The task force team members will know the procedural content and its purpose. It is also necessary to include the human resources representative for disciplinary action.

Address the shortage control

After the team formation, the in-store audit begins with addressing the store operations in all areas identifying the shortage control. A company may decide to use new policies and procedures or retain the previous ones to determine how to reduce the inventory shrink.

Score the audit

The audit aims to increase an organization’s efficiency and profitability‚ÄĒthe best way to score an audit by use of no and yes answer. The point value is also an option to get feedback. You will have guidance from the information collected on how to improve the organization’s performance. Contact MA services today for business security services and more.