COBIT 4.0 Major Update to International Standard
[Editor’s note: To speak with an international business/IT leader who helped develop COBIT or business leaders who use COBIT, or to request a complimentary PDF of COBIT 4.0, please contact kbertholomey@itgi.org.]
Rolling Meadows, IL, USA (20 December 2005)—The IT Governance Institute (ITGI) released recently a significant update of Control Objectives for Information and related Technology (COBIT), an internationally accepted IT governance framework used by major companies worldwide. COBIT provides an authoritative, international set of generally accepted practices that help boards of directors, executives and managers increase the value of IT and reduce related risks.
Canberra COBIT Development Group
The Canberra Chapter of ISACA has an active participant in the development of COBIT. It has hosted the Australian COBIT development group which is one of 5 international groups who have been actively in involved in review and extensively updating of all the COBIT materials. There are 5 groups with the others in
About COBIT
COBIT® (Control Objectives for Information and related Technology®), issued by ITGI, is internationally accepted as good practice for control over information, IT and related risks. COBIT is used to implement governance over IT and improve IT controls. It contains control objectives, audit guidelines, performance and outcome metrics, critical success factors and maturity models.
COBIT® is one of a family of products that can be used to assist in the implementation of good governance. Others include the Board Briefing on IT governance, IT Control Objectives for Sarbanes-Oxley and the IT governance implementation guide. COBIT is also widely used as a tool for Sarbanes-Oxley (SOX) compliance and increasing used in partnership with ITIL to provide effective IT governance arrangements. It is a product of more than 10 years of research and cooperation among global IT and business experts, and is available as an open standard at www.isaca.org/cobit.
The new edition—COBIT 4.0—provides a stronger business focus to address the evolving responsibilities of boards and employees. COBIT 4.0 marks the first major update of the COBIT core content since the release of COBIT 3rd Edition in
2000. The first edition was published in 1994. Case studies of COBIT implementations at major international organizations, such as Unisys, Sun Microsystems and the US House of Representatives, are available at www.isaca.org/cobitcasestudies.
Much of COBIT is available for complimentary download at www.isaca.org/cobit. Print copies can be purchased at the ISACA Bookstore (www.isaca.org/bookstore) for
US $190. A complimentary webcast offering an in-depth look at COBIT 4.0 is available at https://www.livemeeting.com/cc/isaca/view.
Diana Adams, Canberra Chapter President, 0414 846 278 Diana.Adams@acumen.com.au
Max Shanahan, Chair Canberra COBIT development group, 0417 802 544 shanahan@ozemail.com.au
