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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 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 IT Gov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Information Technology (IT)
Information technology (IT) is a set of related fields within information and communications technology (ICT), that encompass computer systems, software, programming languages, data processing, data and information processing, and storage. Information technology is an application of computer science and computer engineering. The term is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television and telephones. Several products or services within an economy are associated with information technology, including computer hardware, software, electronics, semiconductors, internet, Telecommunications equipment, telecom equipment, and e-commerce.. 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 � ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Committee Of Sponsoring Organizations Of The Treadway Commission
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) is an organization that develops guidelines for businesses to evaluate internal controls, risk management, and fraud deterrence. In 1992 (and subsequently re-released in 2013), COSO published the ''Internal Control – Integrated Framework'', commonly used by businesses in the United States to design, implement, and conduct systems of internal control over financial reporting and assessing their effectiveness. History In 1985, COSO began as a private sector initiative to investigate the causal factors that lead to fraudulent financial reporting as a result of a number of accounting scandals in the 1970s and mid-1980s. This initiative was termed the National Commission on Fraudulent Financial Reporting; the first president of the Commission was James C. Treadway, Jr., a former Commissioner of the US Securities and Exchange Commission, and therefore the initiative was commonly called the "Treadway Commission". ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 programs, 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) |
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 British horror 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 * ''It'' (Phish video), a 2004 DVD set about the Phish festival * ''Incredible Tales'', simply known as ''I.T.'', a 2004 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 – Welcome to Derry,'' an upcoming prequel television series scheduled to be released in 2026 Characters * It, properly the Psammead, the title character of the 1902 novel '' Five C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2015
2015 was designated by the United Nations as: * International Year of Light * International Year of Soil __TOC__ Events January * January 1 – Lithuania officially adopts the euro as its currency, replacing the litas, and becomes the 19th Eurozone country. * January 3– 7 – A series of massacres in Baga, Nigeria and surrounding villages by Boko Haram kills more than 2,000 people. *January 7 – Two gunmen belonging to Al-Qaeda's Yemen branch kill 12 people and injure 11 more at the Paris headquarters of satirical newspaper ''Charlie Hebdo'', prompting an anti-terrorism demonstration attended by over a million people and more than 40 world leaders. * January 12 – A Boko Haram and Islamic State assault on Kolofata in the Far North Region of Cameroon is repelled by the Cameroonian Army, who kill 143 Boko Haram and Islamic State insurgents. * January 15 – The Swiss National Bank abandons the cap on the franc's value relative to the euro, causing turmoil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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" UNESCAP, 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 economies or political bodies with v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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). 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 group that pushed AS 8015 forward, and asked them to participate in the international adaptation process. On 1 February 2007 the ISO/IEC published the first draft international standard (DIS) of the revised AS 8015 as ISO/IEC DIS 29382. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stakeholder (corporate)
In a corporation, a stakeholder is a member of "groups without whose support the organization would cease to exist", as defined in the first usage of the word in a 1963 internal memorandum at the Stanford Research Institute. The theory was later developed and championed by R. Edward Freeman in the 1980s. Since then it has gained wide acceptance in business practice and in theorizing relating to strategic management, corporate governance, business purpose and corporate social responsibility (CSR). The definition of corporate responsibilities through a classification of stakeholders to consider has been criticized as creating a false dichotomy between the "shareholder model" and the "stakeholder model", or a false analogy of the obligations towards shareholders and other interested parties. Types Any action taken by any organization or any group might affect those people who are linked with them in the private sector. For examples these are parents, children, customers, owners ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Information Technology Controls
Information technology controls (or IT controls) are specific activities performed by persons or systems to ensure that computer systems operate in a way that minimises risk. They are a subset of an organisation's internal control. IT control objectives typically relate to assuring the confidentiality, integrity, and availability of data and the overall management of the IT function. IT controls are often described in two categories: IT general controls ( ITGC) and IT application controls. ITGC includes controls over the hardware, system software, operational processes, access to programs and data, program development and program changes. IT application controls refer to controls to ensure the integrity of the information processed by the IT environment. Information technology controls have been given increased prominence in corporations listed in the United States by the Sarbanes-Oxley Act. The COBIT Framework (Control Objectives for Information Technology) is a widely used frame ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regulatory Compliance
In general, compliance means conforming to a rule, such as a specification, policy, standard or law. Compliance has traditionally been explained by reference to deterrence theory, according to which punishing a behavior will decrease the violations both by the wrongdoer (specific deterrence) and by others (general deterrence). This view has been supported by economic theory, which has framed punishment in terms of costs and has explained compliance in terms of a cost-benefit equilibrium (Becker 1968). However, psychological research on motivation provides an alternative view: granting rewards (Deci, Koestner and Ryan, 1999) or imposing fines (Gneezy Rustichini 2000) for a certain behavior is a form of extrinsic motivation that weakens intrinsic motivation and ultimately undermines compliance. Regulatory compliance describes the goal that organizations aspire to achieve in their efforts to ensure that they are aware of and take steps to comply with relevant laws, policies, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
