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GRC-led audit trends drive customer risk and audit quality issues

The profession is writing its own rules. That’s an inherent conflict…  we must take a fresh look at auditor conflicts of interest.

– Gary Gensler, Chair

SEC Center for Audit Quality (July 2022)

The audit industry is in the midst of a critical inflection point as regulators place more scrutiny on potential conflicted parties and organizational boundaries that have jeopardized:

  • Audit independence
  • Audit integrity and trust
  • Audit and risk data quality  
  • 3rd party risk

GRC-led security tools like Drata, Vanta, and Tugboat are designed to serve internal compliance management but create audit bias by crossing independence boundaries, curating evidence, dictating audit pricing, and managing audits. As such, these tools are accelerating the industry's need for ZeroBias™ security audits.

Vanta, Drata, Secureframe and the like are creating bias by requiring audits within their own tools.  Dictating pricing and curating audit data is creating immeasurable risk due to conflicted interests. 


Our firm chose Auditmation to reclaim and deliver ZeroBias™ assessment integrity.

CEO, national audit firm

Combining GRC and 3rd Party Audit

GRC tools remain critical for operationalizing internal compliance effectiveness, but cyber risk and 3rd parties demand the presence of a separate and neutral external IT auditing platform to ensure data integrity and independent validation.  Simply put, internal security tools can't be or do both.

GRC

Internal Security Tools

INTERNAL compliance management, but incapable of meeting EXTERNAL audit party demands on their own

AUDITMATION

External IT Auditing

Centralized 3rd party audit management platform – modernized to deliver independent ZeroBias™ audit data quality

1 + 1 = Cyber Risk Reduction

The missing component is a neutral and centralized audit platform that interoperates with all risk management tools and audit parties.  Auditmation seamlessly delivers critical ZeroBias™ audit findings data back to GRC tools so issues are continuously known and resolved.

future proof

Scales across the entire ecosystem and future proof and protect GRC investments

audit quality

Removes conflicted parties to maintain audit quality and trust, without the burden

data integrity

Through Auditmation, GRCs become validated a single source of truth

independence

Enables your technology to support auditor tools & processes to preserve independence

GRC + Auditmation = External Assurance

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Stop responding to security questionnaires as your lone source of validation.
Maintain a state of audit readiness to easily manage multiple customer inquiries without additional staff.

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Increase differentiation and team focus on high value tasks through automated customer audits.
Reduce risk exposure by requiring the same from key vendors as an extension of your risk pool.

FUTURE PROOF YOUR BUSINESS