Accelerate and optimize your audit processes
Audit easly the access legitimacy to your resources and data
The current challenges present in IT auditing are manifold: verification of the integrity of data and systems, verification of compliance with internal policies and regulations, detection of drifts, etc. In addition to monitoring regulatory compliance, audit is taking on a role that is increasingly complementary to data security: are the organization’s resources and data being used appropriately and by legitimate users? The monitoring and analysis of users’ access rights occupy more and more of audit teams’ overall activity because of the growing complexity of internal systems. The process of completing these verifications is long and tedious, and in most cases, it is impossible to be thorough due to the volume of data that must be analyzed.
How can we make it easier for auditors to ensure your independence and the effectiveness of audits? Automating the collection and processing of data access with Brainwave Identity GRC is just one of the benefits that the solution can offer to auditors.
Become more efficient and secure while auditing
Automate data collection and processing with Brainwave GRC
Difficult data collection
Data volumes are growing, and their fragmentation requires addressing numerous, scattered recovery requests, while IT teams are already overburdened. The auditors, both internal and external, depend on these queries to retrieve data which they use to conduct their audits. In many organizations, it is a daily constraint and a waste of time, but there are solutions.
Become more autonomous
Brainwave Identity GRC makes it possible for auditors to be independent vis-à-vis the IT teams to collect data, as this task is automated by the solution. The auditors have direct access to a dedicated Web application for their profession, which allows them to devote their efforts to research, analysis, and verification of data to carry out their audits.
Data processing “by hand”
Apart from issues with data collection, data processing turns out to be even more difficult, given that no specialized tool is generally available. Excel is the most commonly used solution. This treatment and analysis of data “by hand” for audits entails a significant workload, which imposes restrictions on the scope of the process by way of limited sampling, which can quickly reveal its limitations. Another disadvantage is that no historical audits can be established use audits that have already been carried out.
Search in natural language
As for data collection, the Brainwave Identity GRC solution automates the processing of data, such that auditors need only to conduct searches in natural language to get the desired information from all applications, folders, shared directories, and data. Audit reports are much more complete, relevant, and quicker to publish. The Brainwave Identity GRC solution records the historical data and results of audits, which makes it easy to carry out incremental auditing strategies to improve efficiency.
Due to an imperative regarding operational efficiency, audits are often conducted by sampling, so the entire set of data cannot be examined at each audit. Therefore, each year, a significant amount of data and applications are left unaudited. However, if the sampling process must still be used, it is possible to audit much larger data sets.
Benefit from a 360° view
With the Brainwave Identity GRC solution, auditors have comprehensive and accurate view of user access rights and user activity within information systems. The analysis engines of the solution can isolate abnormal situations to highlight them rapidly and visibly, especially regarding potential risks of noncompliance
Tedious data processing
Without the ability to keep a history of previously completed audits, the collection and processing of data must be completed again for the internal and external requirements of each new audit. Thus, time and resources are lost at regular intervals–several times a year, in many organizations.
Keep a history record of past audits and reports
Thanks to regular data loads, Brainwave Identity GRC solution enables you to compare different data loads, highlight changes and trends, and archive past audit reports. In this manner, auditors can take advantage of audits that have already been completed, without necessarily having to repeat the preparatory tasks and report publishing. The audit reporting process can also be automated to save time and resources.
No improvement possible
Audit activities are so tedious and take up so much time that they often end up overlapping or blending into one another. Consequently, the audit results are not used to their full potential and the systems cannot be improved over time.
A cycle of continuous improvement
By automating the tedious tasks, Brainwave Identity GRC reduces the amount of time required for an IT audit. Directing the audit results to remediation tasks ensures that progress will be made over time. Any problems detected are resolved, the situation objectively improves, and these results are demonstrable.
Take a look at your needs by Industry
DIGITAL TRANSFORMATION - REGULATORY COMPLIANCE - FIGHT AGAINST FRAUD
The Insurance sector is chaging very fast. With an increasing regulatory pressure, insurers need to face multiple challenges such as conducting properly their digital transformation without security imperatives impending operational efficiency, the management of sensitive business processes and fighting against cyber attacks.
REGULATORY COMPLIANCE - SENSITIVE DATA - DIGITALIZATION
The banking sector faces multiple challenges today: intensification of compliance requirements, wide spread digitalization, imperative of protecting sensitive assets, preventing data breaches, etc.
FIGHTING AGAINST CYBER ATTACKS – CYBER SECURITY
The energy industry has quickly become a privileged target for hackers, especially petroleum and gas industries. These external attacks are becoming more common, and they can quickly impact all or part of an entire country by shutting down the electrical grid, like the hackings in Ukraine and Israel, for example.
OPENING IT SYSTEM - SECURING LOGISTICS CHAINS - DIGITAL TRANSFORMATION
The manufacturing industry, now rapidly changing, is faced with many strategic issues, both circumstantial and structural. The proliferation of unstructured data, logistics chains’ sensitivity (particularly to fraud risk), the size of the organizations, and the importance of protection for information systems are all major current challenges for the industry players.
CYBER ATTACKS – LEGISLATION ISSUES – DIGITAL TRANSFORMATION
The increasing number of cyber attacks on hospitals and health facilities in general, as in the hacking of the Hollywood Presbyterian Medical Center, implies higher risks of fraud, data breach, and external attacks for the entire sector, without any recourse for stakeholders to better protect themselves.
CYBER ATTACKS – SENSITIVE DATA AND PROCESSES - REPUTATION
Currently, trading activity is faced with more and more cyber security risks, at the height of the financial and economic issues connected to it. The financial consequences and impact of a cyber attack on the reputation of the companies involved represent increasingly significant risks. The industry players are starting to take action against these risks.
Take a look at your needs by job title
- CISO and CSO
- INFRASTRUCTURE AND APPLICATION MANAGER
- INTERNAL CONTROL
- CFO and CRO
- GENERAL MANAGEMENT
SECURITY POLICY - RISK MAPPING - OPERATIONAL EFFICIENCY
The "security" topic within a business is often taken in charge by the CISO and CSO's collaboration, when both actors are present. Yhe definition of the security policy and the risk mapping, conducted by the CISO, define the path to follow fot the policy's implementation, this being the CSO's responsability.
OPERATIONAL EFFICENCY - PERFORMANCE – GOALS
The operational plan's efficency and the IT function's performance are the CIO's first priorities. In this context, IT security is often perceived as a constraint. Nevertheless, not considering enough IT security issues can rapidly impact IT teams' operational efficiency.
ENSURE OPERATIONAL FUNCTIONING AND SECURING WITHIN THE SCOPE OF YOUR BUSINESS.
Each application and infrastructure manager within the organization must ensure operational maintenance within their scope. They must also operate level 1 controls to implement internal control plans and respond to any auditor request.
COMPLIANCE REQUIREMENTS, ANALYSIS, RISK GOVERNANCE
The current challenges present in IT auditing are manifold: verification of the integrity of data and systems, verification of compliance with internal policies and regulations, detection of drifts, etc. In addition to monitoring regulatory compliance, audit is taking on a role that is increasingly complementary to data security: are the organization’s resources and data being used appropriately and by legitimate users?
COMPLIANCE – RISK MANAGEMENT AND MANAGEMENT OF ACTIVITIES – RESOURCES – PROCESSES
Internal control has now a vast scope of responsibilities: compliance checks, the definition and proper application of segregation of duties (SoD) matrices, control plans’ implementation and the resulting KPIs, remediation processes’ implementation, etc.
PERFORMANCE – OPERATIONAL EFFICIENCY – SECURITY OF THE DEPARTMENT
Any supervisor of a department or business unit is primarily responsible for organizational efficiency and ensuring that objectives are achieved. The challenges that you face today include access rights review of your teams, fulfilling regulatory compliance requirements, and being aware of security risks such as internal fraud.
FIGHT AGAINST FRAUD - ENSURE OPERATIONAL AND FINANCIAL EFFICIENCY
"Fake president" scams, information theft, internal fraud... Never have finance departments had so much to worry about in terms of IT resources misappropriation. These forms of embezzlement present known risks to organizations’ image and profitability. Statutory Auditors are increasingly demanding in their audits, and they point out systematically failures regarding control monitoring, which are becoming increasingly difficult to ignore.
GROWTH - RISKS - DIGITAL TRANSFORMATION
Information thefts, confidential data breaches, internal fraud... Never have financial departments have had to worry as mcuh regarding proven and potential risks threatening their organization's profitability and reputation. External auditors are more and more demanding in verifications and highlight more and more failures to comply to control obligations, becoming impossible to ignore any longer.