The significance of audits and accreditations for SMEs

The significance of audits and accreditations for SMEs

We’re a small organisation, so why should we bother with IT control or cyber certifications?”

We often hear this, and here are our answers:

  1.  Client Expectations: Large clients often require robust security measures, driven by regulatory obligations. They don't make exceptions for SMEs. Completing your own audits and certifications can simplify the process and ensure you meet their security standards.
  2. Insurance Demands: Many insurers require a level of control to cover cyber risks. Without proper readiness, your insurance may become not only more expensive but even unattainable.
  3. Regulatory Compliance: Global cyber and privacy regulations implicitly demand security and technology control. Audits and certifications demonstrate your commitment, potentially preventing regulatory fines.
  4. Team Well-being: IT failures can burden your team emotionally and harm business operations. Audits and accreditations provide a framework for technology control, reducing stress from top to bottom.
  5. Financial Prudence: Budgeting for ongoing audits or certifications is easier than funding full-scale investigations after a breach. Planning upfront can save significant expenses in the long run.

 If you want to discuss these factors or explore how to implement audit, control, and certification for your technology, feel free to reach out for a no-obligation chat.

 Focus on Audit for SMEs

This months blogs

How to audit Data Privacy.

 Most of us know that data privacy and GDPR are important, but what exactly is it, and what do you need to do to comply as a small or medium sized organisation? A gap analysis or audit is a good place to start.

 What to audit in Cyber Security.

 Information and cyber security risks are growing. An effective approach to managing these risks can be the difference between collapsing under an incident or data breach and continuing to trade. Information and cyber security is particularly difficult for small-to-medium sized businesses, who may not have the specialist resource or mature processes to help them manage the risk and weather the storm.

 How to audit your IT and where to focus.

Properly controlling IT is a challenge for small-to-medium sized businesses, who may not have the specialist resource or mature processes to help them manage the risk. Auditors, customers, regulators, and lots of other people want good IT controls. At its most basic, these are controls designed to ensure that your technology is compliant, secure, and helps deliver the value and function you want from your investment in technology.

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