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EMERGENCE OF AN IT AUDITOR

The rapid dissemination of Technology in almost every facet of our lives has not only made it easier but has also made us heavily dependent on Information systems. From bank transfers, mobile recharges to automation of manufacturing process, we rely on the efficiency, effectiveness and security of these Information systems to a very large extent. This increasing dependence has also resulted in the greater risk of data privacy, system shutdown and personal data loss, directly impacting the brand image and revenue of the companies and individuals. The most recent example can be considered of ‘Wannacry’ ransomware which struck across the globe in May 2017, affecting thousands of computers in 150 countries with a total impact of anticipated to be around 4 Billion USD. These attacks have forced the companies to beef up their defenses resulting in the manifold increase in demand for IT auditors An IT auditor is the person responsible for identifying the risk across the company networks, information systems and also developing and implementing strategies to mitigate the same. The primary objectives of an IT auditor is to perform assessment of the systems and processes  that secure company data, determining and mitigating risks to information assets of the company, ensuring that the processes are in compliance with relevant policies, standards and regulations. Required Qualifications Typically an IT auditor has a bachelor degree Computer Science or Accounting that provides technical knowledge to perform responsibilities. Additionally, the auditor should possess strong communication skills that will allow him/her to understand and translate the technical information into business language for higher management therefore supporting them in taking appropriate business decisions. Lastly, there are several certifications available (depending on the areas of specialization) that can help individuals secure employment. One of the most common and widely respected certification is the Certified Information Security Auditor or CISA that provides in-depth knowledge enabling one to effectively deal with challenges in this constantly evolving field of Information Security. The certification is managed by ISACA which is a global non-profit professional association that is focused on IT Governance. It is one of the toughest exams in the Information Security domain and is notorious for having a low pass-rate of 40-50%. So, what makes CISA such a tough nut to crack? Some of the reasons are: The questions asked in the exam are subjective and ambiguous in nature thereby making it difficult for the candidate to select the correct option. The difficulty level of sample questions provided by ISACA is not aligned to the high standard of questions asked in the actual examination Some of the important tips that you need to consider before starting the preparation for CISA exam are as follows: CISA Review Manual CISA Review Manual (CRM) provided by ISACA should be your Bible and one-stop guide for the preparation. This manual provides all the details related to the CISA exam as well as defines the roles and responsibilities of an Information Systems auditor. Explore E-learning Options There are many organizations that provide CISA certification training courses both online as well as classroom. It is highly recommended that you participate in a comprehensive training course that not only involves session learning but also allows you to interact with security professionals from across the globe. One of the world’s leading professional certification training provider is KnowledgeHut that offers CISA training with a blend of both classroom and online training sessions. Plan your Schedule Planning the schedule for preparation of CISA exam should be done well-in advance to avoid any last minute hassle. Schedule and plan should be prepared based on your professional background and level of experience. For example, if you are working professional with Extensive experience, 30-45 days of time should be enough, however if you an aspirant with no relevant experience, you may even need more than 180 days for preparation. Free Resources available on Internet There are several free resources available on ISACA that can be helpful for the aspirants. Some of them are: The ISACA Candidate Information Guide ISACA’s CISA self-assessment test Database of free-to-download whitepapers Additionally, there are many insightful articles on Knowledgehut that provide a lot of relevant and valuable information which you can take advantage of. Hope this information helped in your journey to become a successful IT Auditor. Please leave your comments below to share your feedbacks and success stories.
EMERGENCE OF AN IT AUDITOR
Jai
Jai

Jai Sisodia

Blog Author

Jai is a customer-focused Risk professional, highly experienced in value based Enterprise Risk Management and IT Audit. He has built a reputation for his strong ability to contribute to organisational development across a career spread over 3 years. His experience in the field of Enterprise Risk Management expands to multiple Fortune -500 clients spread across diverse verticals such as Healthcare, Consumer & Industrial Products, Telecommunication Marketing & Technology industries and multiple geographies including US, UK, Philippines, India and Canada. He is an MBA and BTech by qualification and also has professional certifications such CISA, ITIL V3 under his purview."

Posts by Jai Sisodia

EMERGENCE OF AN IT AUDITOR

The rapid dissemination of Technology in almost every facet of our lives has not only made it easier but has also made us heavily dependent on Information systems. From bank transfers, mobile recharges to automation of manufacturing process, we rely on the efficiency, effectiveness and security of these Information systems to a very large extent. This increasing dependence has also resulted in the greater risk of data privacy, system shutdown and personal data loss, directly impacting the brand image and revenue of the companies and individuals. The most recent example can be considered of ‘Wannacry’ ransomware which struck across the globe in May 2017, affecting thousands of computers in 150 countries with a total impact of anticipated to be around 4 Billion USD. These attacks have forced the companies to beef up their defenses resulting in the manifold increase in demand for IT auditors An IT auditor is the person responsible for identifying the risk across the company networks, information systems and also developing and implementing strategies to mitigate the same. The primary objectives of an IT auditor is to perform assessment of the systems and processes  that secure company data, determining and mitigating risks to information assets of the company, ensuring that the processes are in compliance with relevant policies, standards and regulations. Required Qualifications Typically an IT auditor has a bachelor degree Computer Science or Accounting that provides technical knowledge to perform responsibilities. Additionally, the auditor should possess strong communication skills that will allow him/her to understand and translate the technical information into business language for higher management therefore supporting them in taking appropriate business decisions. Lastly, there are several certifications available (depending on the areas of specialization) that can help individuals secure employment. One of the most common and widely respected certification is the Certified Information Security Auditor or CISA that provides in-depth knowledge enabling one to effectively deal with challenges in this constantly evolving field of Information Security. The certification is managed by ISACA which is a global non-profit professional association that is focused on IT Governance. It is one of the toughest exams in the Information Security domain and is notorious for having a low pass-rate of 40-50%. So, what makes CISA such a tough nut to crack? Some of the reasons are: The questions asked in the exam are subjective and ambiguous in nature thereby making it difficult for the candidate to select the correct option. The difficulty level of sample questions provided by ISACA is not aligned to the high standard of questions asked in the actual examination Some of the important tips that you need to consider before starting the preparation for CISA exam are as follows: CISA Review Manual CISA Review Manual (CRM) provided by ISACA should be your Bible and one-stop guide for the preparation. This manual provides all the details related to the CISA exam as well as defines the roles and responsibilities of an Information Systems auditor. Explore E-learning Options There are many organizations that provide CISA certification training courses both online as well as classroom. It is highly recommended that you participate in a comprehensive training course that not only involves session learning but also allows you to interact with security professionals from across the globe. One of the world’s leading professional certification training provider is KnowledgeHut that offers CISA training with a blend of both classroom and online training sessions. Plan your Schedule Planning the schedule for preparation of CISA exam should be done well-in advance to avoid any last minute hassle. Schedule and plan should be prepared based on your professional background and level of experience. For example, if you are working professional with Extensive experience, 30-45 days of time should be enough, however if you an aspirant with no relevant experience, you may even need more than 180 days for preparation. Free Resources available on Internet There are several free resources available on ISACA that can be helpful for the aspirants. Some of them are: The ISACA Candidate Information Guide ISACA’s CISA self-assessment test Database of free-to-download whitepapers Additionally, there are many insightful articles on Knowledgehut that provide a lot of relevant and valuable information which you can take advantage of. Hope this information helped in your journey to become a successful IT Auditor. Please leave your comments below to share your feedbacks and success stories.
EMERGENCE OF AN IT AUDITOR

The rapid dissemination of Technology in almost ev... Read More

Steer Your Career Progression With a Professional PMP Certification

It does not matter which industry you work for, there is an increasing demand for individuals who can deliver more with scarce resources, strict deadlines and tighter budgets. This demand can only be achieved through effective and efficient Project management. A research conducted by Project Management Institute suggests that there will be a demand of 88 million people in project management oriented jobs by 2027. The Project Management Professional (PMP) exam that is managed by the Project Management Institute (PMI), is one of the most recognized and valued certification in the field of project management worldwide. This program has the reputation for being the first professional certification program in the world to get ISO 9001 recognition. So, you might have already got a good idea of the value of a PMP certification. Nonetheless, some of the reasons that you should consider getting this certification are: Globally recognized Certification With a PMP certificate, you achieve the right credentials to showcase your knowledge, competency as well as experience related to project management at a global stage. Globally, the demand for a PMP certified professional is much higher in comparison to any other project management certification. Increased Knowledge and Skills PMP certification provides you with a set of tools and knowledge that enhances your ability to manage projects both effectively and efficiently, thereby directly impacting productivity of the company. Higher Pay A PMP certified professional earns around 20% more than their non-credentialed counterparts with similar qualifications. Also, a median salary of a PMP certified project management professional is around $105,000 a year. Global Networking Opportunities A PMP certification provides you with a plethora of opportunities to connect and network with people having interest in project management. There are several closed communities on LinkedIn for only PMP certified professionals that not only allow you to learn from peers, but also open up career avenues and provide job opportunities that would not have been possible before. PMP Exam: Curriculum The syllabus of PMP exam is divided into the ‘so-called’ performance domains and Knowledge areas Performance Domains are: Initiating Planning Executing Monitoring and controlling Closing Similarly the 10 knowledge areas as per PMBOK are: Project Integration Management Project Scope Management Project Cost Management Project Quality Management Project Human Resource Management Project Communications Management Project Risk Management Project Procurement Management Project Stakeholder Management The certification exam contains 200 multiple choice questions that are to be completed within 4 hours. How to Prepare for PMP? Although PMP is a globally recognized certification known for its high reputation, it is also notorious for its difficulty level and low pass-rate of around 40-50%. It is tough to crack PMP not only because it has a vast curriculum but also because of the very nature of examination that not only tests your knowledge but also your ability to use that knowledge in various practically challenging scenarios. Some of the tips that you can consider adopting while preparing & how to utilize 4 hours of PMP examination are as follows: Consider PMBOK as Bible and one-stop guide for all your PMP preparation. It not only provides you with details related to PMP exam but also guides on the roles and responsibilities of a project management professional. Don’t leave out any Knowledge area. Formulae, diagrams should be learned from all the 10 knowledge areas. Take Training. There are several organizations that provide classroom and e-learning trainings for PMP. This would help you understand the concepts provided in PMBOK (which can be complex sometimes) in greater detail and will also allow you to learn from the experience of your trainer and peers. One such highly reputed training provider is KnowledgeHut that offers PMP training with a blend of both classroom and online training sessions. Attempt at least 5 mock tests to test your PMP exam preparation. This will provide you with a reality check and will also help you identify weak areas that you can further focus on. Time management is of utmost importance in every exam and PMP is no exception. Track the time you are spending on each question and if you think you are spending too much on a particular question, leave it for the time being and come back again after some time. Lastly, there are many insightful articles on Knowledgehut that provide a lot of relevant and valuable information on Project Management which you can take advantage of. Hope this information helped in your journey to become a successful Project Management Professional. Here’s the guide for preparing PMP certification Exam Please leave your comments below to share your feedback and success stories.
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Steer Your Career Progression With a Professional ...

It does not matter which industry you work for, th... Read More

The Need For Cyber Security Specialists

We use technology every day for almost everything from Banking to operating Cars, Home appliances. It has become a very significant fabric in our lives. However, most people do not realize that the computers which are being used to perform most of these tasks are highly insecure. Cybercrime is not a rare phenomenon anymore. These so-called cyber intrusions are becoming more and more dangerous and sophisticated. Companies and people are being targeted for sensitive data such as trade secrets, financial and health information etc.  There is a need to address the pervasive and ever evolving cyberthreat, which has resulted in the evolution of the so-called Cybersecurity specialists. As per Gartner, ‘Cybersecurity encompasses a broad range of practices, tools and concepts related closely to those of information and operational technology security. Cybersecurity is distinctive in its inclusion of the offensive use of information technology to attack adversaries’. Cybersecurity specialists are the ones who use these tools and concepts to prevent cybercrime. The dramatic increase in cybercrimes in the recent years has resulted in an exponential increase in the demand for Cybersecurity specialists. ISACA, a global security advocacy group, predicts there will be a global shortage of 2 million Cyber security professionals by the year 2019. This information is enough to make one attracted to this field. However, in order to enter and excel in this highly rewarding yet demanding industry, you must atleast have the following skillset: Good understanding of Computer and Networks is a must Focus on Detail Strong analytical skills Continuous learning Additionally, there are several certifications that allow you to showcase your skills and stay ahead. Some of the most significant ones are as follows: CISA (Certified Information Security Auditor): This is a world renowned certification course that allows one to gain the knowledge, information and expertise to identify critical issues in various kinds of information systems. Having this certification confirms the knowledge that you have acquired to address the dynamic challenges in the field of Information systems security (including cybersecurity). CISA is globally conducted and governed by ISACA which is a Non-Profit Organization focused solely on IT Governance. The curriculum is divided into 5 major Domains/Practice areas: Domain 1: The Process of Auditing Information Systems Domain 2: Governance and Management of IT Domain 3—Information Systems Acquisition, Development and Implementation Domain 4—Information Systems Operations, Maintenance and Service Management Domain 5—Protection of Information Assets CISM (Certified Information Security Manager): This too is a highly recognized certification course that allows one to demonstrate his/her expertise in Management of Information Systems security. Possessing this certification recognizes one’s ability to manage, oversee, assess and design Information security practices and systems for an enterprise. CISM is also globally conducted and governed by ISACA. The curriculum is divided into 4 major Domains/Practice areas: Domain 1—Information Security Governance Domain 2—Information Risk Management Domain 3—Information Security Program Development and Management Domain 4—Information Security Incident Management CISSP (Certified Information Systems Security Professional): This is an independent certification conducted and governed by the International Information System Security Certification Consortium more commonly known as (ISC)². This is highly valued because of its Difficulty level (6 hours exam) and Return on Investment (Ranked 4th amongst the top highest paying certifications across industries). CISSP training provides information security professionals with an objective measure of competence and a globally recognised standard of achievement. The CISSP curriculum is divided into the following Domains: Domain 1- Security and Risk Management Domain 2- Asset Security Domain 3- Security Engineering Domain 4- Communication and Network Security Domain 5- Identity and Access Management Domain 6- Security Assessment and Testing Domain 7- Security Operations Domain 8- Software Development and Security Since all the above mentioned courses are difficult and require a significant amount of preparation, there are web-based and instructor-led courses in the current market to help you speed up the process and increase your chances of success. Now that you know what skills are needed to become a successful Cybersecurity specialist and how to obtain them, you should look at large HealthCare, financial, Global Manufacturing organizations and consulting firms such as Deloitte, PWC, EY, KPMG for career opportunities. Hope this information helps you to get started!
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The Need For Cyber Security Specialists

We use technology every day for almost everything ... Read More