A system or process is audit-proof if the creation, modification and deletion of data or documents is fully documented and traceable.
Audit security refers to the property of data or documents that are recorded or stored in a system that are available unchanged and complete in the event of an audit or review.
In the financial industry, audit security is an important aspect for compliance and adherence to legal regulations. Especially when archiving business documents, such as loan agreements or commercial documents, the data must be stored in an -proof manner. This means that the data must be stored in such a way that it cannot be changed or falsified during the entire retention period.
Various technologies and methods are used to ensure auditability. For example, electronic signatures, encrypted data transmissions and logging of accesses and changes can be used. The use of special archiving systems or software can also help to ensure audit security.
A high level of audit security can not only help to ensure compliance with legal requirements, but also strengthen the trust of customers and business partners. Transparent and complete documentation of business processes can help reduce the risk of misunderstandings or disputes.
