The frequency of security audits will depend on the size and scope of your organization, as well as how often you are likely to be handling sensitive information. Frequency is also determined by the regulatory requirements of the standards the organization has decided to meet or that is required to meet by law.
The common wisdom is to conduct security audits at least once per year, but many organizations adopt a more frequent schedule — a data breach can have serious consequences to the business, including reputation loss, liability, and even criminal charges. The best intervention is prevention, and that starts with regular audits. AuditBoard’s compliance management software can help you keep track of computer-generated reports, security audit steps, and updates to any external regulations, while retaining your focus, expertise, and energy for catching security threats that might be hidden to the untrained eye.