What will the business continuity gap analysis report include? This is most commonly called a Gap Analysis; it is sometimes referred to as a Pre-Audit. Some of these may help make life easier for you. Here lies a major difference between an audit report, for example, and a gap analysis report: The gap analysis report has some inherent advice to it, which makes it suitable to be accomplished by consultants or experts in the chosen specification or standards. But this is a topic for another article. In this blog, we explain the difference between a risk assessment and gap analysis, and advise you on how to complete each step effectively and in-line with your business needs. Remember that the quality of these compliance activities is only as good as the quality of people performing the activities.
Alternatively, you could choose a more varied set of criteria other than simply implemented—not implemented. Pre-assessments can be conducted by consultants, registrars, or competent individuals who are experts in the certifications or standards chosen by your organization. It's too easy to react emotionally to risks, and get controls out of proportion or even miss essentials by focusing too much on the dramatic risks reported in newspapers. If the assignment goes well for both parties and the working relationship flourishes, there may be opportunities for ongoing contact and support, perhaps further consulting assignments during the journey ahead. A gap analysis in this period can be more involved and take longer, if only for the simple reason that everyone is extremely busy.
Internal audit An internal audit is an activity that also seeks to determine the degree to which your organization conforms to the requirements of a specification or standard or to your own organizational requirements. It will provide an indication of where you are now and where you need to be to have a successful migration. You only need to do a gap analysis once to obtain a list of the specific activities required for compliance. The timing of the gap analysis is also pertinent. Some organizations are made to do all the controls by unthinking customers, and this makes no sense. However, someone has to pay for this content. Any organisation looking to comply with , the international standard for information security, needs to complete a gap analysis and risk assessment.
A pre-assessment is therefore a rehearsal of an external audit, and consequently there is plenty of document review as well as actual questioning of employees. Because conducting a gap analysis results in a list of specific, prioritised actions your business needs to implement in order to become complaint to the applicable framework. Instead, they must prioritise their biggest threats, and a risk assessment provides a simple way of doing that. So which one do you really need? TechaPeek provides in-depth news coverage on vast industries such as health care, construction, transportation, energy, cleantech, fintech and more. This has a number of uses: it acts as an input to the risk assessment, it helps distinguish between high-value and low-value assets when determining protection requirements, and it aids business continuity planning.
Gap analysis A gap analysis is mainly a determination of the degree of conformance of your organization to the requirements of a specification or standard. The unticked requirements form the gaps that might need to be addressed not all clauses need to be addressed. There is no formal definition. The Annex A controls and control objectives are applied to organizationally defined risks to help provide mitigation of risks to assets with the intent to provide a system that defines how information security is managed, what steps are taken, and the results that are intended to be achieved. Any help would be appreciated.
It can also provide a reality check as to where you are in the process — helping with planning resources and timeframes. With information on technology's, startups and other Hi-Tech and innovation services, TechaPeek delivers in-depth analysis on news and emerging solutions, market intelligence, trends, and guidance on how to capitalize on opportunities and overcome challenges. This is a good point to pencil-in the certification audit, and start lining up the certification body the details to be confirmed nearer the time, perhaps after a final readiness assessment. Hopefully by now you are more clear on the difference between these three important activities in your continual improvement journey. It should also show a detailed account of each requirement and the degree of compliance, with corresponding actions that should be taken to close these gaps. An organization will also want to know where they are on their journey. At the end of the audit, the company is presented with a certificate that they can then provide to existing and potential customers as proof of their commitment to information security.
This could range from a single department or service offering, through to the entire organisation. By contrast, if a control helps prevent a highly damaging or probable risk, the organisation should dedicate additional time and resources to it. They keep you aware of new products and services relevant to your industry. This channel is only created to generate awareness and best practices for Information Security in general. This audit is performed in more than one dimension, through review of documentation evidence and also by questioning employees.
First, we are dealing with the issue of independence. The implementation and review process centres upon the risk assessment and gap analysis process. However, the usefulness of such approach is doubtful, since only risk assessment will show the real extent of what needs to be implemented and in which form. The standard has specific requirements that have to be met; these are detailed in various clauses. If the decision is to communicate information security issues outside of the company, this must be included. Risk assessments give organisations an indication of the threats facing them, how likely it is that each of those threats will occur and how severe the damage will be.
Whether you chose all three or just the internal audit, make sure they are performed by highly competent individuals. If you have one auditor who audits the whole facility, who audits his area? Those who want to make the process as simple as possible should create a checklist and tick off the requirements that have been implemented. The other big question is how effective are your audits? Undertaking a gap analysis provides expert analysis and detailed insights that you would not receive with more simplified questionnaire-based gap analysis. The process begins by creating a long list of risks, which will be given a risk score. So, you might want to do it towards the end of your implementation. There are a lot of similarities between the two, which often causes organisations to confuse them and use elements of one process in the other. Such a timely comparative analysis; it's helped me greatly.
The controls need to be proportional to the risks identified. However, it may also be conducted after some development of processes for achieving compliance has taken place. After documenting processes and performing reviews, a company may hire an independent auditing company to review their processes and ensure that the company is adhering to the developed processes. So please consider turning off your ad blocker for our site. The main reason why gap analysis is conducted at the beginning of the development phase or after some development has occurred is because the organization wants to know where it stands in regard to meeting the standard, and it wants to know specifically what it must do to close the gaps. There are a couple ways of approaching a gap analysis. Like other management system standards, writing procedures is the easy bit - getting people to do them is another matter.