Updated COBIT Framework Reduces IT Risks

The IT Governance Institute (ITGI) announced the publication of COBIT 4.1, an update to the COBIT (Control Objectives for Information and related Technology) IT governance framework, which provides an international set of generally accepted practices that helps boards of directors, executives and managers increase the value of IT and reduce related risks.

Used widely as a tool for compliance with Sarbanes-Oxley,the updates in COBIT 4.1 include enhanced performance measurement, improved control objectives and better alignment of business and IT goals.COBIT predates the control legislation being enacted around the world.It helps orgnizations reduce IT risks and increase the value attained from IT.

"COBIT is the only management framework that addresses the complete life cycle of IT investment. The framework supports IT's achievement of business objectives, ensures business IT alignment, and improves IT efficiency and effectiveness," said Roger Debreceny, chair of ITGI's COBIT Steering Committee. "The framework is a guidance from managers around the world who manage IT governance in their organizations, so it has been road tested and validated."

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