International Journal of Computer
Trends and Technology

Research Article | Open Access | Download PDF

Volume 72 | Issue 8 | Year 2024 | Article Id. IJCTT-V72I8P121 | DOI : https://doi.org/10.14445/22312803/IJCTT-V72I8P121

Optimizing Business Processes in IT Security through Automated Reporting and Risk Assessment

Sangeeta Harish Rijhwani, Raghavaiah Avula

Received Revised Accepted Published
26 Jun 2024 29 Jul 2024 13 Aug 2024 31 Aug 2024

Citation :

Sangeeta Harish Rijhwani, Raghavaiah Avula, "Optimizing Business Processes in IT Security through Automated Reporting and Risk Assessment," International Journal of Computer Trends and Technology (IJCTT), vol. 72, no. 8, pp. 142-146, 2024. Crossref, https://doi.org/10.14445/22312803/ IJCTT-V72I8P121

Abstract

In the digital age, the complexity and scale of IT security challenges necessitate the adoption of sophisticated and automated approaches to risk management. This study explores the significant impact of automated reporting and risk assessment tools on IT security processes, focusing on their ability to streamline business operations, reduce costs, and enhance overall security posture. Through the implementation of tools like Microsoft Power BI and Onspring, organizations can achieve real-time monitoring and analysis of security metrics, leading to proactive threat detection and mitigation. The integration of these automated systems improves not only operational efficiency by reducing manual labor but also ensures accurate and timely insights into the security landscape. Case studies from John Hancock, American Family Insurance, and Homesite Insurance illustrate the tangible benefits of these tools, including substantial cost savings and improved compliance with regulatory standards. Despite the challenges associated with integration and user adoption, the long-term advantages of automation in IT security underscore its critical importance in protecting digital infrastructure and ensuring business continuity. This study provides a comprehensive overview of the implementation strategies, their impact on business processes, and the role of automation in modern IT security practices

Keywords

Automated reporting, Business process optimization, IT security, Risk assessment, Cost reduction.

References

[1] “Framework for Improving Critical Infrastructure Cybersecurity,” National Institute of Standards and Technology, pp. 1-55, 2018.
[CrossRef] [Google Scholar] [Publisher Link]
[2] Power BI Documentation, Microsoft Corporation. [Online]. Available: https://learn.microsoft.com/en-us/power-bi/
[3] American Family Insurance, Annual Security Report, 2020.
[4] Homesite Insurance, IT Risk Management Framework, 2019.
[5] Process Automation Software, Onspring Technologies, 2021. [Online]. Available: https://onspring.com/automation/
[6] J. Smith, and L. Brown, Cybersecurity Risk Management: A Practical Guide, New York: Wiley, 2017.
[7] Fadan Qawas, The Importance of Automated Risk Management in Cybersecurity, Cybersecurity Blog, 2020. [Online]. Available: https://panorays.com/blog/automated-riskassessment/#:~:text=Automated%20risk%20assessments%20are%20important,and%20remediating%20third%2Dparty%20risk.
[8] Case Study: How Automated Reporting Improved Security at ABC Corp, 2021.
[9] T. Anderson, “Automating Cybersecurity: Tools and Techniques,” Journal of Cybersecurity, vol. 10, no. 2, pp. 123-135, 2020.