Updated COBIT Framework Reduces IT Risks

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Rolling Meadows, Ill. — April 30
On May 7, the IT Governance Institute (ITGI) will release COBIT 4.1, an update to the Control Objectives for Information and related Technology (COBIT) IT governance framework, which provides an authoritative, international set of generally accepted practices that helps boards of directors, executives and managers increase the value of IT and reduce related risks.

Used widely as a tool for compliance with Sarbanes-Oxley and many other global standards, COBIT predates the control legislation being enacted around the world.

It is a product of 15 years of research and cooperation among global IT and business experts.

COBIT 4.1 is an incremental update to the globally accepted framework that ensures that IT is aligned with business goals, its resources are used responsibly and its risks are managed appropriately.

COBIT 4.1 represents a fine-tuning of the COBIT 4.0 framework and can be used to enhance work already performed based on earlier versions of COBIT.

COBIT helps organizations reduce IT risks and increase the value attained from IT. The updates in COBIT 4.1 include enhanced performance measurement, improved control objectives and better alignment of business and IT goals.

“COBIT is the only management framework that addresses the complete life cycle of IT investment,” said Roger Debreceny, chair of ITGI’s COBIT steering committee. “The framework supports IT’s achievement of business objectives, ensures business IT alignment and improves IT efficiency and effectiveness.

“COBIT 4.1 is built upon practical guidance from managers around the world who use the framework to improve IT governance in their organizations, so it has been road tested and validated.”

In addition to COBIT 4.1, ITGI has released three companion publications available through the ISACA Bookstore:

  • “COBIT Control Practices, Second Edition”
  • “IT Governance Implementation Guide: Using COBIT and Val IT, Second Edition”
  • “IT Assurance Guide: Using COBIT — Replacing the Audit Guidelines”
    For more information, see http://www.itgi.org.

 

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