Is-3110 Week 1 Cobit Analysis
Chris Wiginton
12/27/13
IS-3110 Week 2 Lab/Homework
Control Objectives for IT (COBIT)
In 1996 the Information Systems Audit and Control Association (ISACA) released the first COBIT framework. The acronym COBIT stands for Control Objectives for Information and related Technology. With the growing influence of Information Technology on a global scale, business managers and IT professionals needed control objectives governing Information Technology that would be accepted worldwide.
COBIT can be used for a wide range of enterprise needs, including information security, regulatory compliance, risk management and financial processing. In order to meet these needs on a global scale, IT managers and business owners needed a standard set of best practice guidelines. These guidelines need to allow them to respond to the complex and rapidly changing business environments and validate processes …show more content…
A later version COBIT 5 was geared more towards how the value of information governance can increase a company’s bottom line. The early version of COBIT came under criticism for allowing managers to pass tasks, tasks that they should have completed, to their subordinates. This practice often produced limited and adverse results. Critics of COBIT 5 have stated that it focuses too much on the paperwork and rule following. Instead, they believe COBIT 5 should focus more on promoting meaningful IT governance and stronger accountability.
The COBIT framework is an ever evolving process designed to organize Information Technology governance objectives and best practices in a global business environment. As new technologies are introduced in the business environment, the requirements for unified guidelines must also be addressed. COBIT is working to help research, promote and publish up-to-date set of control objectives that will be generally accepted by the international
12/27/13
IS-3110 Week 2 Lab/Homework
Control Objectives for IT (COBIT)
In 1996 the Information Systems Audit and Control Association (ISACA) released the first COBIT framework. The acronym COBIT stands for Control Objectives for Information and related Technology. With the growing influence of Information Technology on a global scale, business managers and IT professionals needed control objectives governing Information Technology that would be accepted worldwide.
COBIT can be used for a wide range of enterprise needs, including information security, regulatory compliance, risk management and financial processing. In order to meet these needs on a global scale, IT managers and business owners needed a standard set of best practice guidelines. These guidelines need to allow them to respond to the complex and rapidly changing business environments and validate processes …show more content…
A later version COBIT 5 was geared more towards how the value of information governance can increase a company’s bottom line. The early version of COBIT came under criticism for allowing managers to pass tasks, tasks that they should have completed, to their subordinates. This practice often produced limited and adverse results. Critics of COBIT 5 have stated that it focuses too much on the paperwork and rule following. Instead, they believe COBIT 5 should focus more on promoting meaningful IT governance and stronger accountability.
The COBIT framework is an ever evolving process designed to organize Information Technology governance objectives and best practices in a global business environment. As new technologies are introduced in the business environment, the requirements for unified guidelines must also be addressed. COBIT is working to help research, promote and publish up-to-date set of control objectives that will be generally accepted by the international