The correct answer is False. An organization may decide to undergo an independent third-party audit for a variety of reasons beyond just complying with governmental regulatory requirements. These can include demonstrating due diligence to stakeholders, assessing the effectiveness of the current security program, fulfilling contractual obligations with clients or partners, or validating compliance with industry standards and best practices. While regulatory compliance is a common reason for an audit, it is not the sole reason an organization might engage a third-party auditor.