What Is COBIT? Importance and Framework

COBIT is an IT governance framework and supportive toolset that permits managers to bridge the gap between control requirements, technical challenges and business risks. COBIT empowers clear policy development and good practice for IT control all through firms. COBIT emphasizes regulatory compliance, helps firms to enhance the value acquired from IT, empowers alignment and simplifies application of the enterprises' IT governance and control framework.

COBIT stances for Control Objectives for Information and Related Technology. It is a standard framework for IT governance and management. It is meant to be a supportive instrument for managers and consents bridging the central breach between technical challenges, business risks and control requirements. Business managers are equipped with a model to deliver value to the firm and practice better risk management practices connected with the IT processes.

As a framework that can be utilized to calculate and monitor IT services and implement preeminent practices for those services, ITIL3 offers an operational mode of service management. The ISO/IEC 27000 series4 contains the preferred standards utilized by IT security specialists.

For individuals who are trying to shift their career to COBIT, COBIT 5 Foundation Certification Training is the ideal training. For most firms, the answers to these queries come from understanding the underlying multiple frameworks utilized across operations. COBIT enables firms to improve IT governance by ensuring that appropriate process, governance and management enablers are utilized to build IT capabilities to attain stakeholder goals.

For firms that compete in structured segments such as banking, insurance, utilities or healthcare, additional industry precise standards, frameworks and recommendations may be in utilization. The COBIT Certification Course Online is becoming a requisite course for professionals working in this space for enhancing their skill sets.

When a business leverages multiple standards, frameworks and strategies, it may end up creating separate controls recommended by each that are managed separately. Consequently, it not only creates duplicate work, as controls may be overlapping, but more significant, it becomes challenging for administrators to get a comprehensive understanding of their firm's IT risk exposure and governance process.

Current tools that enable firms to create a shared library of common controls across frameworks are burdensome to use and manage. Control libraries often become vast and complex to use for most companywide governance, risk and compliance (GRC) initiatives.

COBIT� 5, the cutting-edge edition of ISACA's globally accepted structure for governance and management of enterprise IT (GEIT), tackles this issue. It provides an end-to-end business view that integrates other standards, frameworks and strategies, such as ITIL and ISO/IEC 27001, into a complete enterprise governance and management framework.

With a COBIT 5-motivated model, stakeholders such as security professionals, IT operations administrators and IT auditors can see how their work relates to the whole scope of governance and management. COBIT 5 does not substitute these other sources of reference. Instead, it is an all-embracing umbrella framework that helps them all fit together. The COBIT Certification Course Online is a sure thing for working professionals who want to get updated with the newest certification.

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 By Manzoor KP


Article Source: What Is COBIT? Importance and Framework