Business Risks to Consider as IT Auditor in an Organization There are several factors to take into account when considering oneself being put in a position of risk as an IT auditor. “The challenges facing IT auditors today revolve around change—in technology, the business environment, business risks, the legislative and regulatory environment, and the knowledge and skills required to audit effectively in this evolving environment.”1 So, let us analyze in-depth every relevant angle that the IT auditor has to take into consideration. Changes in technology certainly influence what is going on in terms of how IT auditors are going to respond to that issue. For example, the advent of the iPad and the increased use of tablet PC’s has introduced a new monkey-wrench into the works. Generally, tablet PC’s that are not designed by Apple—as well as smartphones—have much fewer amounts of security features that are already built-in to the software, thus increasing the chances for black-hat (or malicious) hackers to be able to gain access to private information—such as bank account information like routing numbers, all the way down the line to Social Security numbers, birth dates, and all kinds of information. Social media is increasingly becoming profitable for criminals who prey upon peoples’ personal information via the route of the Internet. With the advent of Twitter—where people can have fake identities and use remotely-controlled Internet bots and bot-servers—the possibilities of where attacks could come from are endless. In addition, Facebook—which is known for its lack of privacy and security features—has many problems, the least of which may indeed be its privacy issues. For example, some forms of bullying are still considered acceptable by Facebook, and Facebook makes no effort to censor posts that are put upon the world’s largest social network. It has been suggested that Facebook hire auditors, which would put 8 million people to work—if one auditor was assigned to every 100 people who were users on Facebook. Because, according to current statistics, Facebook has 800 million users. That’s 11.43% of the world’s population. That means that there is about a 1 in 10 chance that any person at random on the planet is a Facebook user. That is huge! And, apparently, Facebook has been having difficulty keeping up with the way technology is rapidly changing.
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