Assessing IT Security

Examining IT security is a key component of auditing IT infrastructure for compliance. An audit can help identify fraud, ineffective IT practices, improper use of resources, and inadequate security. Assessing IT security is largely about ensuring that adequate controls are in place. Controls cost money, however. The selection and implementation of controls must be a result of a consideration of risk.

Suppose you want to build a fence to protect a cow. Building the fence will cost money. Exactly how much money it will cost might depend upon the quality and size of the fence. How much might you be willing to spend? Of course, you should first understand why you want to protect the cow. How valuable is this cow to you? What ...

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