An organization’s decision to undergo an independent third-party audit is solely based on the need to comply with governmental regulatory requirements.
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.
Learn More
AI Generated Content may display inaccurate information, always double-check anything important.
What are some examples of governmental regulatory requirements that might lead an organization to undergo an audit?
What are the benefits of conducting an independent third-party audit aside from regulatory compliance?
What are some industry standards and best practices that organizations might want to adhere to for audits?