What is COBIT®
COBIT stands for Control Objectives for Information and Related Technology. It is a framework created by the ISACA (Information Systems Audit and Control Association) for IT governance and management. It was designed to be a supportive tool for managers—and allows bridging the crucial gap between technical issues, business risks, and control requirements. COBIT is a thoroughly recognized guideline that can be applied to any organization in any industry. Overall, COBIT ensures quality, control, and reliability of information systems in an organization, which is also the most important aspect of every modern business.
What is COBIT Framework?
The COBIT business orientation includes linking business goals with its IT infrastructure by providing various maturity models and metrics that measure the achievement while identifying associated business responsibilities of IT processes. The main focus of COBIT is illustrated with a process-based model subdivided into four specific domains, including:
- Planning & Organization
- Delivering & Support
- Acquiring & Implementation
- Monitoring & Evaluating
COBIT components
- Framework - IT helps in organizing the objectives of IT governance and bringing in the best practices in IT processes and domains while linking business requirements.
- Process Descriptions - It is a reference model and also acts as a common language for every individual in the organization. The process descriptions include planning, building, running, and monitoring of all IT processes.
- Control Objectives - This provides a complete list of requirements that have been considered by the management for effective IT business control.
- Maturity Models - Accesses the maturity and the capability of every process while addressing the gaps.
- Management Guidelines - Helps in better-assigning responsibilities, measuring performances, agreeing on common objectives, and illustrating better interrelationships with every other process.
Benefits
The professionals best suited for COBIT methodologies are those who are already in a position to understand the nuances of IT governance in business management practices. The course will be especially beneficial for:
- CIOs / IT Managers / IT Directors
- Risk Committee
- Process Owners
- Audit Committee Members
- IT Professionals in audit, risk, security, governance and assurance sectors
While the modern world is gearing towards an environment of several emerging technologies, including Consumerisation, Cloud Computing, Social Media, Big Data and Mobility, information and IT is easily the new currency. Technology ensues massive volumes of information chunks to be easily supported and managed. This raises the success rate of businesses, but at the same time raises other challenging and complex management and governance concerns for the security professionals, enterprise leaders, and governance specialists. New businesses demand that risk scenarios are better met with the power of information.
