Cybersecurity audits and assessments are one of the best ways organizations can improve their security posture. When done right, they can help identify cyber risks, validate the effectiveness of cybersecurity programs and protect the business against cyberattacks. Cybersecurity audits and assessments are one of the best ways organizations can improve their security posture. When done right, they can help identify cyber risks, validate the effectiveness of cybersecurity programs and protect the business against cyberattacks. Photo: zaha/Adobe Stock

Washington, D.C. magazine CFO reports financial auditors are increasingly concerned about cybersecurity, demanding greater transparency on how organizations are managing and mitigating cyber risk. And why shouldn't they? A cyberattack or a data breach can lead to major financial losses, business disruption, loss of customer confidence, costly lawsuits and irreversible damage to reputation.

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