IT AUDIT AS A SERVICE: IMPACT ON UNCOVERING TECHNOLOGY AND INFORMATION SECURITY RISKS

Abstract

In today's dynamic business environment, the convergence of IT audit with risk management, governance, and cybersecurity is paramount. This paper explores the concept of IT Audit as a Service (ITaaS), emphasizing its strategic importance in addressing proactive measures to mitigate risks and enhance decision-making processes. By recognizing cyber risk as an intrinsic business risk, ITaaS provides a comprehensive approach to maintaining organizational resilience. Through continuous control assessments and effectiveness measurements, ITaaS supports organizations in strengthening their governance frameworks and ensuring robust cybersecurity postures. Traditionally, Internal Audit (IA) has acted as the third line of defense, providing independent and objective assurance. However, ITaaS can go beyond this role by offering a fresh eyes perspective, enabling more dynamic and forward-looking insights. This study underscores the pivotal role of ITaaS in fostering a proactive, resilient, and well-governed enterprise landscape.