How much does a security audit cost?

The word audit causes a lot of strong associations among the managers and business owners, as it is often connected with a lot of financial spendings. Security audit in this regard is perceived as even more challenging, but it is a rather common myth. To understand the necessity of security audit and explain its cost, let’s focus on the essence of this procedure. It can be characterized as a general and full analysis and assessment of a site’s security state. To conduct this assessment, auditors become involved in all the organizational processes, research them, and check their safety.

A security audit is different from penetration testing, as it is aimed to understand how the organization functions in the aspect of cybersecurity, how workers are informed about it, and what is done to prevent related crimes. In this regard, auditors do not work exclusively with the technological aspect of the problem, they consider also human factors and in which way the organization might change its approach. The number of operations that need to be conducted to understand and correct security policy determines the cost of the security audit, and it is necessary to choose the most appropriate and professional team to make this process optimal. 

In what way you determine the price? 

When auditors start their investigation, they conduct a lot of interviews and checks to understand the topical state, awareness of workers, and the other important factors. If your security policy is not clear if employees do not know about it, if auditors waste a lot of time trying to understand how everything works, naturally, the general cost becomes higher. Establishing the right and clear security policy and training employees determine a low cost of the audit and, of course, decreases the number of risks that a company faces. If you failed to do it initially, the cost will be higher, but it will imply your right approach in the future. 

How much does security cost?

Of course, company size is also important. If the company is large, there will be naturally more aspects to check. A number of servers, the complicated structure of a company, At the same time, such companies have more vulnerabilities in their information system and face risk of penetration more often, thus, they should be interested in audit even regarding its cost. An average security audit cost is about $10,000, but it depends on too many factors to define this sum as common. 

Scope of security audit

There are a lot of spheres that demand careful consideration while assessing, but some of them might be more vulnerable in your individual case. If you need to check both internal and external vulnerabilities, recovery, physical security, and social engineering, it will make an average cost of a security audit bigger, but it will be a perfect guarantee of safety. At the same time, some organizations might require only partial assessment, as the majority of their systems function in the appropriate way. For a manager, it might be completely normal to launch an audit for the general understanding of security state

Small business and big attack

Cyberattacks are not focused only on the big corporations, small business is also a target due to its vulnerability in the aspect of cyber security. Even considering the modern challenging situation in the sphere of cyberattacks, business owners usually do not have a priority on developing an accurate security policy in the initial stages of their business development, they do not teach employees, and fail in making the right attitude in the collective. It can be defined as a common mistake, as a lot of efforts might be wasted in case of a smart attack that could have been preventing. 

For business owners and managers, it is important to understand that security audit costs might vary depending on the company’s needs, and it should not be postponed because of financial reasons. You can protect your business now by turning to a team of real professionals and requesting an audit or asking the questions that you have about it.

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