Information technologies are repositories of vast amounts of information that are crucial to a company’s operations, its competitiveness, and, in the long run, its ability to create shareholder value. Compliance and effective risk management should thus be priorities for every manager. With this in mind, the IT Governance Institute (ITGI) has published the CoBiT IT governance framework.
It facilitates the development of clear policies and best IT monitoring practices across the organization. In particular, it focuses on regulatory compliance, the optimization and cost effectiveness of IT, their alignment with business practices, and their simple implementation.