Which is the first step when conducting a security audit?

Conducting a security audit begins with gaining a clear understanding of the technology assets that are in use within the organization. This foundational step is crucial because it allows the auditors to know what systems, applications, and data they need to protect. An accurate inventory of technology assets helps identify the scope of the audit, ensuring that all relevant components are considered when evaluating security measures.

While installing auditing software and configuring system logs are important aspects of the auditing process, these come after you have a complete inventory of what assets need to be monitored. Setting up a virus quarantine area is more related to response measures rather than the initial assessment of security. Therefore, taking stock of all hardware, software, and data assets is essential before proceeding with any further actions in the security audit.