What is COBIT framework – Principles and Components
A framework that is used for developing, implementing, monitoring, and improving IT governance is called as COBIT framework (Control Objectives for Information and Related Technology). It was published by Information Systems Audit and Control Association (ISACA) and IT Governance Institute (ITGI) in 1996. It is the typical framework that is used to achieve Sarbanes-Oxley Act (SOX) compliance in the United States.
What is COBIT framework all about?
It acts as the common language for IT professionals, executives, auditors and senior management to understand the IT controls, management, goals, challenges, solutions and results. With this framework, communication and understanding about IT governance will become simple for the enterprise and the auditors.
Principles of COBIT framework
It is composed of five principles,
- Enabling a holistic approach
- End-to-end control of enterprise
- Providing a single integrated framework
- Delivering stakeholder demands
- Taking care of governance and management individually
Components of COBIT framework
It is composed of four main components,
Introduction and methodology: Guidelines and scores to measure the IT governance and management of an enterprise.
Governance and objectives: Models to measure and evaluate the efficiency and success rate of 40 objectives using metrics.
Designing an Information and Technology Governance Solution: How to acclimate governance to achieve the enterprise’s demands.
Implementing and Optimizing an Information Technology Governance Solution: Steps to use the framework and design guide together.
Who all should be aware of COBIT framework?
Anybody who works on the data and information security roles like CIO, CISO, Security analysts, Director/Manager/Co-coordinator of cybersecurity, Director/Manager of Governance, Information and Security analysts, Security auditors, and more should be aware of this COBIT framework and keep themselves updated with it to keep things in order with their enterprise.
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