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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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Information Technology (IT)
Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of Data (computing), data . and information. IT forms part of information and communications technology (ICT). An information technology system (IT system) is generally an information system, a communications system, or, more specifically speaking, a Computer, computer system — including all Computer hardware, hardware, software, and peripheral equipment — operated by a limited group of IT users. Although humans have been storing, retrieving, manipulating, and communicating information since the earliest writing systems were developed, the term ''information technology'' in its modern sense first appeared in a 1958 article published in the ''Harvard Business Review''; authors Harold Leavitt, Harold J. Leavitt and Thomas L. Whisler commented that "the new technology does not yet have a single established name. We shall call it information technology (IT)." Their ...
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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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ISO/IEC 20000
ISO/IEC 20000 is the international standard for IT service management. It was developed in 2005 by ISO/IEC JTC1/SC7 and revised in 2011 and 2018. It was originally based on the earlier BS 15000 that was developed by BSI Group. ISO/IEC 20000, like its BS 15000 predecessor, was originally developed to reflect best practice guidance contained within the ITIL framework, although it equally supports other IT service management frameworks and approaches including Microsoft Operations Framework and components of ISACA's COBIT framework. The differentiation between ISO/IEC 20000 and BS 15000 has been addressed by Jenny Dugmore. The standard was first published in December 2005. In June 2011, the ISO/IEC 20000-1:2005 was updated to ISO/IEC 20000-1:2011. In February 2012, ISO/IEC 20000-2:2005 was updated to ISO/IEC 20000-2:2012. ISO 20000-1 has been revised by ISO/IEC JTC 1/SC 40 IT Service Management and IT Governance. The revision was released in July 2018. From that point certified ent ...
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ITIL
The Information Technology Infrastructure Library (ITIL) is a set of detailed practices for IT activities such as IT service management (ITSM) and IT asset management (ITAM) that focus on aligning IT services with the needs of business. ITIL describes processes, procedures, tasks, and checklists which are neither organization-specific nor technology-specific, but can be applied by an organization toward strategy, delivering value, and maintaining a minimum level of competency. It allows the organization to establish a baseline from which it can plan, implement, and measure. It is used to demonstrate compliance and to measure improvement. There is no formal independent third party compliance assessment available for ITIL compliance in an organization. Certification in ITIL is only available to individuals. Since 2013, ITIL has been owned by AXELOS, a joint venture between Capita and the UK Cabinet Office. History Responding to growing dependence on IT, the UK Government's Ce ...
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Capability Maturity Model
The Capability Maturity Model (CMM) is a development model created in 1986 after a study of data collected from organizations that contracted with the U.S. Department of Defense, who funded the research. The term "maturity" relates to the degree of formality and optimization of processes, from ''ad hoc'' practices, to formally defined steps, to managed result metrics, to active optimization of the processes. The model's aim is to improve existing software development processes, but it can also be applied to other processes. In 2006, the Software Engineering Institute at Carnegie Mellon University developed the Capability Maturity Model Integration, which has largely superseded the CMM and addresses some of its drawbacks. Overview The Capability Maturity Model was originally developed as a tool for objectively assessing the ability of government contractors' ''processes'' to implement a contracted software project. The model is based on the process maturity framework first describ ...
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ISACA
ISACA is an international professional association focused on IT (information technology) governance. On its IRS filings, it is known as the Information Systems Audit and Control Association, although ISACA now goes by its acronym only.
ISACA currently offers 8 certification program as well as other micro-certificates.


History

ISACA originated in United States in 1967, when a group of individuals working on auditing controls in computer systems started to become increasingly critical of the operations of their organizations. They identified a need for a centralized source of information and guidance in the field. In 1969, Stuart Tyrnauer, an employee of the (later)
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IT Processes
It or IT may refer to: * It (pronoun), in English * Information technology Arts and media Film and television * ''It'' (1927 film), a film starring Clara Bow * ''It! The Terror from Beyond Space'', a 1958 science fiction film * ''It!'' (1967 film), a film starring Roddy McDowell * ''It'' (1989 film), a Soviet comedy film directed by Sergei Ovcharov * ''It'' (miniseries), a 1990 television miniseries film based on Stephen King's novel * ''Incredible Tales'', simply known as ''I.T.'', a Singaporean horror anthology TV series * ''I.T.'' (film), a 2016 film starring Pierce Brosnan * ''It'' (2017 film), a film adaptation of Stephen King's novel **''It Chapter Two'' (2019), the direct sequel to the 2017 film * ''It'' (Phish video), a 2004 DVD set about the Phish festival Characters * It (character), the title character from Stephen King's novel ''It'' (also known as Pennywise) * It! The Living Colossus, a comic book character * IT, a character in the novel ''A Wrinkle in Time'' ...
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COBIT
COBIT (Control Objectives for Information and Related Technologies) is a framework created by ISACA for information technology (IT) management and IT governance. The framework is business focused and defines a set of generic processes for the management of IT, with each process defined together with process inputs and outputs, key process-activities, process objectives, performance measures and an elementary maturity model. Framework and components Business and IT goals are linked and measured to create responsibilities of business and IT teams. Five processes are identified: Evaluate, Direct and Monitor (EDM); Align, Plan and Organize (APO); Build, Acquire and Implement (BAI); Deliver, Service and Support (DSS); and Monitor, Evaluate and Assess (MEA).COBIT 2019 Framework: Introduction and Methodology from ISACA The COBIT framework ties in with COSO, ITIL, BiSL, ISO 27000, CMMI, TOGAF and PMBOK. The framework helps companies follow law, be more agile and earn more. Below ...
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2015
File:2015 Events Collage new.png, From top left, clockwise: Civil service in remembrance of November 2015 Paris attacks; Germanwings Flight 9525 was purposely crashed into the French Alps; the rubble of residences in Kathmandu following the April 2015 Nepal earthquake; World Leaders pose for a picture during the 2015 Paris Agreement; an airstrike in Sana'a during the Saudi Arabian–led intervention in Yemen; Refugees of the Syrian civil war come ashore in Greece; FIFA president Sepp Blatter is forced to resign in disgrace in the wake of the 2015 FIFA corruption case; New Horizons makes a flyby and takes the first images of Pluto., 300x300px, thumb rect 0 0 200 200 November 2015 Paris attacks rect 200 0 400 200 Germanwings Flight 9525 rect 400 0 600 200 April 2015 Nepal earthquake rect 0 200 300 400 New Horizons rect 300 200 600 400 Paris Agreement rect 0 400 200 600 2015 FIFA corruption case rect 200 400 400 600 Refugees of the Syrian civil war rect 400 400 600 600 Saudi ...
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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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Good Governance
Good governance is the process of measuring how public institutions conduct public affairs and manage public resources and guarantee the realization of human rights in a manner essentially free of abuse and corruption and with due regard for the rule of law. Governance is "the process of decision-making and the process by which decisions are implemented (or not implemented)"."What is Good Governance"
, 2009. Accessed April 6, 2021.
Governance in this context can apply to corporate, international, national, or local governance as well as the interactions between other sectors of society. The concept of "good governance" thus emerges as a model to compare ineffective economi ...
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ISO 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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