Organisations continue to increase their investments in and dependency on IT resources, many aren’t doing enough to protect themselves.

The top 10 technology challenges businesses face today and found that a significant number of organisations do not conduct any type of IT audit risk assessment, and a considerable number of companies that do conduct assessments have critical gaps in their IT audit capabilities.

Morethan ever to succeed in today’s business environment, it’s absolutely critical for organisations to understand and manage IT risks that emerge with the rapidly escalating use of technology, and the best way to do that is with well-planned IT audit strategies and activities.

The top issues from the perspective of IT audit, including information security, cloud computing, social media, and risk management and governance, are consistent with those commonly cited by C-level executives and IT organisations.

1. Information security (including data privacy, storage, and management)
2. Cloud computing
3. Social media
4. Risk management and governance
5. Regulatory compliance
6. Technology integration and upgradation
7. Resource management
8. Infrastructure management
9. Fraud monitoring
10. Business continuity/disaster recovery