Word of the Day: COBIT

Word of the Day Daily updates on the latest technology terms | January 28, 2019 COBIT COBIT is a framework for developing, implementing, monitoring and improving information technology (IT) governance and management practices. The COBIT framework is published by the IT Governance Institute and the Information Systems Audit and Control Association (ISACA). The goal of the COBIT framework is to provide a common language for business executives to communicate with each other about goals, objectives and results. The original version, which was published in 1996, focused largely on auditing. The fifth version, which published in 2012, emphasizes the value that information governance can provide to a business' success. It also offers quite a bit of advice about enterprise risk management.   COBIT 5 provides enterprise-level businesses with frameworks, process descriptions, control objectives, management guidelines and maturity models to help administrators build, monitor and improve its implementation. The name COBIT originally stood for "Control Objectives for Information and Related Technology," but the spelled-out version of the name was dropped in favor of the acronym in the fifth iteration of the framework.   COBIT 5 is based on five key principles for governance and management of enterprise IT: Principle 1: Meeting Stakeholder Needs Principle 2: Covering the Enterprise End-to-End Principle 3: Applying a Single, Integrated Framework Principle 4: Enabling a Holistic Approach Principle 5: Separating Governance From Management   To be certified in COBIT 5, a candidate must complete an approved COBIT 5 assessor training program, pass two COBIT examinations and have five or more years of relevant work experience. Quote of the Day "The COBIT management and governance methodology is one of several ITSM frameworks that organizes and establishes controls around IT processes and resources." - Stephen J. Bigelow Trending Terms ISACA information governance enterprise risk management COBIT 5 risk assessment framework maturity model compliance framework Learning Center How CMMI models compare and map to the COBIT framework ISACA recently acquired CMMI Institute. Find out how this may affect CMMI models going forward and how those models compare to COBIT. Words to go: ITSM frameworks for enterprises These ITSM frameworks run the gamut from ITIL's and COBIT's detailed process controls to newly conceptualized Agile/DevOps and community-derived FitSM. What are the benefits of a risk-based framework for security? A risk-based framework can help enterprises effectively manage their cybersecurity program and provides many advantages. IT security frameworks and standards: Choosing the right one Joe Granneman offers an introduction to IT security frameworks and standards, as well as advice for information security professionals on how to choose an IT security framework. IT security governance fosters a culture of shared responsibility IT security governance provides a framework for how IT can partner with business leaders to identify risks, validate policies and protect assets. Quiz Yourself The compliance deadline has been moved forward, so all reporting is due two months _____ than the original date. a. later b. earlier Answer Stay in Touch For feedback about any of our definitions or to suggest a new definition, please contact me at: mrouse@techtarget.com Visit the Word of the Day Archives and catch up on what you've missed! FOLLOW US About This E-Newsletter This e-newsletter is published by the TechTarget network. To unsubscribe from Whatis.com, click here. Please note, this will not affect any other subscriptions you have signed up for. TechTarget, Whatis, 275 Grove Street, Newton, MA 02466. Contact: webmaster@techtarget.com Copyright 2018 TechTarget. All rights reserved.