What initial approach should we take to conducting an information audit?

You should organise an information audit across your business or within particular business areas. One person with in-depth knowledge of your working practices may be able to do this.

This will identify the data that you process and how it flows into, through and out of your business.

Remember, an information flow can include a transfer of information from one location to another. For example, the information may stay within your business yet a transfer takes place because the department or other office is located elsewhere (off site).

Having audited your information, you should then be able to identify any risks.