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IT Asset Management & Insurance Audit
Insurance Audit and Analysis
Standard insurance policies typically cover only a fraction of the costs (especially the soft-costs) of replacing and recreating your information systems. Equipment is often depreciated or prorated, and the labor involved to restore your operation isn't covered in its entirety. There's much, much more to your IT than computers, smart phones, and a few network components. Oh - and let's not forget software versions that are no longer available and thus may not be covered. Are upgrades covered? Interim operations? Reconstruction of software enhancements that you can't locate? And what about the costs associated with necessary training on upgraded/new software and equipment that has changed since originally purchased (who covers this)? I know your business means everything to you (I've had the privilege of owning two IT firms myself). Make sure your business is adequately protected today and tomorrow.
An analysis of your insurance (policy) coverage as it compares to your technology systems may surprise you. Typically most businesses are underinsured since they seldom have a clue as to the extent of the costs involved in repairing or replacing their IT infrastructure. Keeping track of all the changes to your information systems over the years is very tedious, hence seldom performed. When disaster strikes is not the time to find out what you must replace out-of-pocket (either initially or with no reimbursement). Allow me to show you where the potential gaps are so you can make more informed decisions for your business' future. Often, this type of audit is performed during the development of a Contingency Plan (or Backup Analysis), especially since some preventable losses are not covered by all insurance policies.
(One thing to keep in mind with regards to upgrades/enhancements/migrations - during these periods, you may exceed your insurance coverage as you most likely may have (potentially) up to double the number of (certain) technology assets. If certain disasters strike before implementation is completed, will you be covered for replacing both (old and new) systems?)
Computer and Technology Equipment Audit
How much do you really know about all of your machines?
Getting complete visibility into detailed hardware information across all your machines can be a challenging prospect; a lot of the information is only available by digging through vendor specific interfaces at each machine. And you need to know about more than just hardware having access to what printers, disks and users are associated with every machine is critical to understanding your exposure to potential security, reliability, and insurance protection issues.
Establishing data security controls at the server is a standard practice. However, what about those endpoint file shares that your users love to create in order to share company information with their peers? I’m sure they mean well, but these unknown security holes could lead to the loss of critical company information (does your insurance cover these types of losses?)
A Computer Audit will provide you the visibility you need to uncover these security holes. This in turn will help guide you in making better decisions as it pertains to your overall information systems security as well as making sure you have proper insurance coverage in the event of a loss. All of your technology components and systems can be included in this process, so you have an entire inventory of all technology assets (including those you use every day but don’t even realize, such as your network components, cabling, and other infrastructure).
Software and Application Audit
Having difficulty tracking installed software across your managed computers?
Having a corporate policy for installed software across your network is one thing. Knowing what is installed on your computers along with the supporting licensing and version details is the real challenge. As a business owner or executive overseeing your IT, you run the risk of software audits or software incompatibilities that could impact your business and operations.
A software audit will provide you the visibility you need to know what is installed and where, no matter where the machines are located. The audit can help to:
- Know what software is installed on remote systems.
- Know what versions of required software is installed across entire network.
- Obtain a consolidated view of installed software across entire network.
- Provide a detailed list of installed software including version and license information for audits.
- Reconcile deployed software licenses with purchased licenses.
- Provide an inventory of the information you need to verify against your business insurance policy to be sure you have sufficient coverage
Contact us for more info
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