Templates
IT audit risk assessment template

IT audit risk assessment template

Identify and address IT risks using this structured template. From assessing infrastructure to tackling vulnerabilities, it gives you the tools to audit confidently.

Use this template with Lumiform

The Lumiform application helps frontline teams uphold internal standards effortlessly.
  • Customize this template or build your own
  • Fill out templates via mobile app
  • Assign and track corrective actions
  • Get reports and analyse your data
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or Download template as PDF
IT audit risk assessment template

Identify and address IT risks using this structured template. From assessing infrastructure to tackling vulnerabilities, it gives you the tools to audit confidently.

Use this template with Lumiform

The Lumiform application helps frontline teams uphold internal standards effortlessly.
  • Customize this template or build your own
  • Fill out templates via mobile app
  • Assign and track corrective actions
  • Get reports and analyse your data
Prices start from ░░░ per month
Book a demo
Learn more
or Download template as PDF

Your IT audit risk assessment template provides a structured framework to identify, evaluate, and prioritize technology-related risks within your organization. Unlike generic risk assessments, this template specifically addresses information systems vulnerabilities, data security threats, and compliance requirements unique to IT environments.

When your audit team needs to determine which IT areas require immediate attention, this template helps quantify risk levels through a systematic scoring methodology. According to NIST, effective IT audit risk assessments improve an organization’s security posture while optimizing resource allocation, ensuring you focus on the most critical vulnerabilities first rather than spreading resources too thin across all potential threats.

Related categories

Preview of the template
Page 1
General Information
Organization Name
Department/Division
Audit Period
Auditor Name
IT Infrastructure
Servers (on-premise and cloud)
Desktop/Laptop Computers
Network Devices (routers, switches, firewalls)
Database Servers
Application Servers
IT Governance
Is there an IT Steering Committee or equivalent?
Is there an IT Security Policy in place?
Is there an IT Disaster Recovery Plan in place?
Are IT policies and procedures documented and communicated to staff?
IT Operations
Are there established IT change management procedures?
Are there procedures for monitoring and responding to IT incidents?
Is there a formal IT asset management process in place?
Are there procedures for secure disposal of IT equipment?
IT Security
Are there access controls (authentication, authorization) for IT systems?
Are there vulnerability management procedures in place?
Are there data backup and recovery procedures in place?
Are there procedures for monitoring and logging IT security events?
IT Compliance
Are there procedures to ensure compliance with relevant IT regulations?
Are there procedures to ensure data privacy and protection requirements are met?
Are there procedures to manage IT vendor compliance?
Are there procedures to manage software licensing compliance?

Frequently asked questions

What information should I gather before completing an IT audit risk assessment?

Before starting, collect an inventory of IT assets, documentation of existing controls, previous audit findings, compliance requirements applicable to your organization, and recent security incident reports. This foundation ensures your assessment accurately reflects your current IT environment and builds upon previous risk evaluation efforts.

What risk scoring methodology works best for IT audit risk assessments?

A combination approach works best, where you multiply likelihood scores (1-5) by impact scores (1-5) to calculate risk levels. This quantitative method provides consistency while allowing qualitative factors like compliance requirements and business criticality to influence final risk ratings for more balanced decision-making.

How can I prioritize findings from my IT audit risk assessment?

Prioritize findings by focusing first on high-risk items with both significant impact and high likelihood, then address compliance-related issues that could result in penalties, followed by vulnerabilities affecting critical systems. This approach ensures you tackle the most consequential risks before moving to less urgent concerns.

This template, developed by Lumiform employees, serves as a starting point for businesses using the Lumiform platform and is intended as a hypothetical example only. It does not replace professional advice. Companies should consult qualified professionals to assess the suitability and legality of using this template in their specific workplace or jurisdiction. Lumiform is not liable for any errors or omissions in this template or for any actions taken based on its content.