From Big Data to Ethical Standards: Redefining Security Auditing for a Digital Age
In the next three to five years the security auditing landscape will see a shift in perspective to adapt to stakeholder expectations and business needs. Security audits will likely strive to adopt a continuous, agile approach to auditing. Big Data and Machine Learning introduce new technologies and automation techniques to speed up data collection and review. Regulatory changes in major markets regarding data privacy and technological advancements will require a continuous approach to auditing to reduce risk and liability for stakeholders. In the wave of Covid-19 Ethical Standards and Privacy Policies will likely significantly alter the security auditing landscape as Americans demand a fundamental right to privacy and business owners seek data integrity. In addition to financial audits, stakeholders will need comprehensive reviews that include cybersecurity assessments and data governance (CAQ, 2020). To appease stakeholder needs, auditing will need to be more adaptive, proactive, and technology-driven, and long-term positions in organizations seeking to decrease risk will open up to corporations that desire continuous auditing and privacy from cybersecurity professionals familiar with their systems (AICPA & CIMA, 2023).
My desire to integrate cybersecurity and compliance auditing into my software development background began with a desire to collaborate among professionals sharing an identifiable, agreed-upon ethical set of standards. While I am passionate about developing software, a constantly evolving threat landscape opens doors to stable corporate positions that provide job stability. As more and more tech positions become unstable, two-year contracts, I believe more and more professionals will integrate cybersecurity into their careers. Based on my courses at Maryville, I am looking forward to an increasing demand for professionals who can bridge the gap between technical cybersecurity measures and strategic risk management. Moving forward, the auditor’s professional requirements and audit standards will continue to trickle down into the corporate structure. As companies begin to integrate security training into their training modules, ethical standards will rise to new stakeholder expectations (Parikka, 2023). Directives would include auditing strategies for additional corporate spaces to promote a holistic approach to cybersecurity. By encouraging an environment where innovative ideas and risk management strategies are actively discussed corporations uplift company culture and remain resilient against costly threats to stakeholders.
As the security auditing landscape continues to evolve, embracing these changes will not only require adapting to new technologies and methods for success but also a fundamental shift in company culture and higher education. Stakeholders across all levels must remain proactive, ensuring that ethical standards and privacy concerns are at the forefront of this growing phase. This shift is not just about compliance. It's about securing trust in an era where data breaches are both common and costly. By doing so, we can safeguard the integrity of our data, strengthen our market position, and build consumer trust.
Resources
AICPA & CIMA. (2023). Embracing a digital, technology-driven mindset for audits. https://www.aicpa-cima.com/news/article/embracing-a-digital-technology-driven-mindset-for-audits
Center for Audit Quality (CAQ). (2020). The Role of Auditors in Company-Prepared Cybersecurity Information: Present and Future. https://www.thecaq.org/the-role-of-auditors-in-company-prepared-cybersecurity-information-present-and-future
Parikka, K. (2023). The Role of Employee Training in Security Audits: Building a Strong Human Firewall. https://blog.falcony.io/en/the-role-of-employee-training-in-security-audits
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