IT Risk and Audit Services

Application Risk Assessments

Application Risk Assessment Services

Most organizations today rely heavily on various third-party and local electronic systems to deliver services and support to their customers. As a result, effective security controls are critical to ensure that the data contained within these systems are duly safeguarded and secured from unauthorized access.

The objective of this risk assessment is to assess the strength of the control environment and the adequacy of the related internal control framework in place over applications. Compass will use applicable policies and directives, along with components from generally accepted information technology (IT) governance frameworks such as NIST, COBIT, and ISO.


  • Detailed assessment matrix that contains the reviewed controls, testing process, risks discovered and recommendations for mitigation
  • Executive summary that will provide a high-level overview of the assessments, risks, and recommendations that can be shared with management or the board of directors
  • Data flow diagrams using Visio for all reviewed applications. Diagrams will be high-level and show flow from the user access point through to the application itself

Let Compass IT Compliance assist your organization in assessing any risks present through our Application Risk Assessment so you can secure your application environment, comply with regulatory compliance requirements, and save time, money, and resources in the process. Contact Us today to discuss your unique situation. Secure. Comply. Save.

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