A $30m audit trail: A decade’s worth of online audits
A decade ago, there were no internet audit trails, nor even a single one for online companies.
But the world has changed.
There are thousands of websites and services online, many with audit trails.
For example, the company that hosts Google Analytics, a tool that monitors online activity and reports on the performance of your business, has a comprehensive audit trail.
This helps users to understand what they are getting done and how it compares to the company’s expectations.
The audit trail can also help companies track their effectiveness by analysing what people are actually doing.
It’s also a way to get information from a company.
For the past few years, an audit trail has been a cornerstone of the IT industry, and it’s now growing rapidly.
In fact, in 2018, there was an audit report from the IT consultancy Deloitte that was used to help Microsoft’s legal department decide whether to seek a $500m fine.
The trend is expected to continue, says K. Jayakumar, a consultant with IT-services company Silex.
“We’ve seen a lot of growth in the audit trail since 2016,” he says.
“A lot of companies now have them.”
Audit trails are also a great way to identify mistakes.
“Audit trail data is used to identify whether a product or service is being overused,” says Paul Riesen, an IT professional and founder of the consulting company Audit Logistics.
“If you can use it to help you make better decisions, you’ll be more likely to find problems.”
You can also use audit trails to help find weaknesses in your software.
“You’ll often find flaws if you’re trying to debug a bug, for example,” says Riesens.
“And this can help you find bugs early and get them fixed faster.”
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