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AS 8015
AS 8015-2005: ''Australian Standard for Corporate Governance of Information and Communication Technology'' is a technical standard developed by Standards Australia Committee IT-030 and published in January 2005. The standard provides principles, a model and vocabulary as a basic framework for implementing effective corporate governance of information and communication technology (ICT) within any organization. The standard was the first "to describe governance of IT without resorting to descriptions of management systems and processes." AS 8105 later became the catalyst and main infrastructure for the creation of the international ISO/IEC 38500:2008 ''Information technology — Governance of IT for the organization'' standard. History The collapse of the Dot-com bubble into the early 2000s brought about demands for greater corporate disclosure and accountability. The costly failure of many information technology (IT) initiatives caused many to point fingers at poor corporate and inf ...
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Technical Standard
A technical standard is an established norm or requirement for a repeatable technical task which is applied to a common and repeated use of rules, conditions, guidelines or characteristics for products or related processes and production methods, and related management systems practices. A technical standard includes definition of terms; classification of components; delineation of procedures; specification of dimensions, materials, performance, designs, or operations; measurement of quality and quantity in describing materials, processes, products, systems, services, or practices; test methods and sampling procedures; or descriptions of fit and measurements of size or strength. It is usually a formal document that establishes uniform engineering or technical criteria, methods, processes, and practices. In contrast, a custom, convention, company product, corporate standard, and so forth that becomes generally accepted and dominant is often called a ''de facto'' standard. A techni ...
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Standards Australia
Standards Australia is a standards organisation established in 1922 and is recognised through a Memorandum of Understanding (MoU) with the Australian government as the primary non-government standards development body in Australia. It is a company limited by guarantee. As of 1998, it had 73 members representing groups interested in the development and application of technical standards and related products and services. The MoU recognises Standards Australia as Australia's representative on the International Organization for Standardization (ISO), the International Electrotechnical Commission (IEC) and the Pacific Area Standards Congress (PASC). Standards Australia develops internationally aligned Australian standards (AS) and participates in standards-related activities. Standards Australia and Standards New Zealand work together to develop joint standards (AS/NZS). Licensing of the sale of standards In 2003, Standards Australia sold its standards publication business and ...
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Information And Communication Technology
Information and communications technology (ICT) is an extensional term for information technology (IT) that stresses the role of unified communications and the integration of telecommunications (telephone lines and wireless signals) and computers, as well as necessary enterprise software, middleware, storage and audiovisual, that enable users to access, store, transmit, understand and manipulate information. ICT is also used to refer to the convergence of audiovisuals and telephone networks with computer networks through a single cabling or link system. There are large economic incentives to merge the telephone networks with the computer network system using a single unified system of cabling, signal distribution, and management. ICT is an umbrella term that includes any communication device, encompassing radio, television, cell phones, computer and network hardware, satellite systems and so on, as well as the various services and appliances with them such as video conferencing and ...
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2008
File:2008 Events Collage.png, From left, clockwise: Lehman Brothers went bankrupt following the Subprime mortgage crisis; Cyclone Nargis killed more than 138,000 in Myanmar; A scene from the opening ceremony of the 2008 Summer Olympics in Beijing; the 2008 Sichuan earthquake kills over 87,000; a destroyed Georgian T-72 tank during the Russo-Georgian War; the Trident Hotel in Mumbai was the site of the November 2008 Mumbai attacks;a line of detritus in a backyard made during the December, 2008 resulting from the Kingston Fossil Plant coal fly ash slurry spill ; Poster in Pristina celebrating the 2008 Kosovo declaration of independence, Independence of Kosovo from Serbia., 300x300px, thumb rect 0 0 200 200 Subprime mortgage crisis rect 200 0 400 200 Cyclone Nargis rect 400 0 600 200 2008 Summer Olympics rect 0 200 300 400 2008 Kosovo declaration of independence rect 300 200 600 400 2008 Sichuan earthquake rect 0 400 200 600 Kingston Fossil Plant coal fly ash slurry spill rect 200 400 ...
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Dot-com Bubble
The dot-com bubble (dot-com boom, tech bubble, or the Internet bubble) was a stock market bubble in the late 1990s, a period of massive growth in the use and adoption of the Internet. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 400%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, such as Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Some companies that survived, such as Amazon, lost large portions of their market capitalization, with Cisco Systems alone losing 80% of its stock value. Background Historically, the dot-com boom can be seen as similar to a number of other technology-inspired booms of the past including railroads in the 1840s, automobiles in the early 20th century, radio in the 1920s, television in the 19 ...
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Australian Computer Society
The Australian Computer Society (ACS) is an association for information and communications technology professionals with over 48,000 members Australia-wide. According to its Constitution, its objectives are "to advance professional excellence in information technology" and "to promote the development of Australian information and communications technology resources". The ACS was formed on 1 January 1966 from five state based societies. It was formally incorporated in the Australian Capital Territory on 3 October 1967. Since 1983 there have been chapters in every state and territory. The ACS is a member of the Australian Council of Professions ("Professions Australia"), the peak body for professional associations in Australia. Internationally, ACS is a member of the International Professional Practice Partnership (IP3), South East Asia Regional Computer Confederation, International Federation for Information Processing and The Seoul Accord. The ACS is also a member organisatio ...
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Australian Institute Of Company Directors
The Australian Institute of Company Directors (AICD) is a non-profit membership organization for directors. The AICD is a founding member of the Global Network of Director Institutes (GNDI). History The origins of the AICD can be traced back to the United Kingdom's Institute of Directors (IoD), formed by royal charter in 1906. Branches of the IoD appeared in the Australian states in the 1960s. These branches were amalgamated in January 1971 under the Institute of Directors in Australia, an autonomous body affiliated with the IoD in the United Kingdom. The challenge of servicing state branches saw the emergence of the Company Directors Association of Australia in 1982. The two bodies merged on 1 January 1990 to form the Australian Institute of Company Directors. International associations AICD is a founding member of the Global Director Development Circle, now known as the Global Network of Directors Institutes. GNDI is composed of membership organizations for directors fr ...
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Department Of Defence (Australia)
Defence Australia is a department of the Government of Australia charged with the responsibility to defend Australia and its national interests. Along with the Australian Defence Force (ADF), it forms part of the Australian Defence Organisation (ADO) and is accountable to the Commonwealth Parliament, on behalf of the Australian people, for the efficiency and effectiveness with which it carries out the Government's defence policy. The head of the department, who leads it on a daily basis, is the Secretary of the Department of Defence (SECDEF), currently Greg Moriarty. The Secretary reports to the Minister of Defence, Richard Marles. History Australia has had at least one defence-related government department since Federation in 1901. The first Department of Defence existed from 1901 until 1921. In 1915, during World War I, a separate Department of the Navy was created. The two departments merged in 1921 to form the second Department of Defence, regarded as a separate bod ...
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Corporate Governance Of Information Technology
Information technology (IT) governance is a subset discipline of corporate governance, focused on information technology (IT) and its performance and risk management. The interest in IT governance is due to the ongoing need within organizations to focus value creation efforts on an organization's strategic objectives and to better manage the performance of those responsible for creating this value in the best interest of all stakeholders. It has evolved from The Principles of Scientific Management, Total Quality Management and ISO 9001 Quality management system. Historically, board-level executives deferred key IT decisions to the company's IT management and business leaders. Short-term goals of those responsible for managing IT can be in conflict with the best interests of other stakeholders unless proper oversight is established. IT governance systematically involves everyone: board members, executive management, staff, customers, communities, investors and regulators. An ...
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Data Governance
Data governance is a term used on both a macro and a micro level. The former is a political concept and forms part of international relations and Internet governance; the latter is a data management concept and forms part of corporate data governance. Macro level On the macro level, data governance refers to the governing of cross-border data flows by countries, and hence is more precisely called ''international data governance''. This new field consists of "norms, principles and rules governing various types of data." Micro level Here the focus is on an individual company. Here data governance is a data management concept concerning the capability that enables an organization to ensure that high data quality exists throughout the complete lifecycle of the data, and data controls are implemented that support business objectives. The key focus areas of data governance include availability, usability, consistency, data integrity and data security, standard compliance and incl ...
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ISO/IEC 38500
ISO/IEC 38500 is an international standard for Corporate governance of information technology published jointly by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). It provides a framework for effective governance of IT to assist those at the highest level of organizations to understand and fulfill their legal, regulatory, and ethical obligations in respect of their organizations’ use of IT. The standard is heavily based on the AS 8015-2005 ''Australian Standard for Corporate Governance of Information and Communication Technology'', originally published in January 2005. History The introduction of AS 8015 in 2005 brought about the first standard "to describe governance of IT without resorting to descriptions of management systems and processes." The 12-page document stood out and attracted the attention of the international community. The ISO/IEC technical committee JTC 1 reached out to Standards Australia, the gr ...
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Information Technology Governance
Information technology (IT) governance is a subset discipline of corporate governance, focused on information technology (IT) and its performance and risk management. The interest in IT governance is due to the ongoing need within organizations to focus value creation efforts on an organization's strategic objectives and to better manage the performance of those responsible for creating this value in the best interest of all stakeholders. It has evolved from The Principles of Scientific Management, Total Quality Management and ISO 9001 Quality management system. Historically, board-level executives deferred key IT decisions to the company's IT management and business leaders. Short-term goals of those responsible for managing IT can be in conflict with the best interests of other stakeholders unless proper oversight is established. IT governance systematically involves everyone: board members, executive management, staff, customers, communities, investors and regulators. An ...
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