Potential uses of data analytics in cybersecurity audits
Cybersecurity means protecting data, networks, programs and other information from unauthorized or unattended access, destruction or change and in today’s world, cybersecurity has become more of a concern in recent years and has attracted a great deal of attention. Cybersecurity threats and incidents are getting more frequent over the years which has made organization managments show interest in it since the data security could interfere with development of organizations. Taking all that into account theres also has been expressed great deal of concerns about cybersecurity issues and potential implications for financial reporting and auditing.
Though big data analytics has significant implications for auditors and accountants, it has been suggested that significant hurdles and challenges need to be overcome in order to realize the benefits of data analytics. Some of these challenges include data challenges (skills), process chall...
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