This website uses cookies to ensure you have the best experience. Learn more

It Frameworks Essay

1368 words - 6 pages

The abilities and advancements of Internet Technology are constantly evolving and growing. For corporations, this is as much a blessing as it is a curse. As the old saying goes, ‘with great power comes great responsibility.’ Look at any given corporation; most likely every department is in some way using IT to improve current processes, assist in financial reporting, expand and create new processes, etc. Given the extensive use of the advanced IT capabilities of today, a need for the IT security objectives and business objectives to align is created. The Information Technology Governance Institute (ITGI) illustrates this best in the statement, “While many organizations recognize the ...view middle of the document...

” Widely used frameworks for enterprise governance due to requirement for SOX compliance are the Committee of Sponsoring Organizations of the Treadway Commission’s (COSO’s) Internal Control – Integrated Framework or Enterprise Risk Management – Integrated Framework. A key component of the IT governance framework selected is its cohesiveness with the organization’s enterprise governance framework.
As noted in the introduction, for basically all organizations, IT is fundamental to support, sustain and grow the business. (ITGI) Along with the benefits of Information Technology, comes the risks and need to manage these risks. Given the extensive and critical impact of IT on the organization, IT Governance should not be a separate set of objectives and principles followed by only a certain group of the organization; it should be an integrated part aligned with the overall Enterprise Governance practices. As a result, IT Governance is accurately defined by the ITGI as “the leadership, organizational structures, and processes that ensure that the enterprise’s IT sustains and extends the enterprise’s strategies and objectives”.
Establishing an IT Governance process begins with identifying the IT objectives and principles the organization wishes to implement, the risks they wish to manage as well as the regulations they may legally be required to follow. All of these factors will assist in determining which framework they chose. Key business leaders have two broad options in framework selection: adopt a standard framework or create a framework based on best practices of these standard frameworks developed over the years. We will introduce several of the major frameworks then later compare the strengths and weaknesses of each to create a best practices framework as an organization may wish to do.
Widely considered the leading IT governance and control framework with acceptance even spanning internationally, Control Objectives for Information and related Technology (COBiT) is an experienced framework originally established in 1996 by the Information Systems Audit and Control Association (ISACA). Since the original released version, there have been four editions and is now published by ITGI. As defined by ITGI, COBIT is an IT governance framework and supporting toolset that allows managers to bridge the gap between control requirements, technical issues and business risks. “In particular, COBIT’s Management Guidelines component contains a framework responding to management’s need for control and measurability of IT by providing tools to assess and measure the enterprise’s IT capability for the 34 COBIT IT processes.” (ISACA.ORG) The tools include: (1) Performance measurement elements (outcome measures and performance drivers for all IT processes) (2) A list of critical success factors that provides succinct, nontechnical best practices for each IT process (3) Maturity models to assist in benchmarking and decision-making for capability improvements...

Other Essays Like It Frameworks

Cyber Security Essay

605 words - 3 pages known as cloud computing). However, rogue members of firms are colluding with partners from other IT firms to trade data stored in the cloud without the consumer consent. This by itself is a breach of privacy and an exposure to any exploitation. Dangerous codes are being allowed past firewalls of very secretive and sensitive data centers making the general populace vulnerable to attacks. To better observe and battle dangers identified with these

Understand Mental Health Problems Essay

835 words - 4 pages does not account for the relative importance of various symptoms. This means that patients diagnosed with the same disorder may have very dissimilar clinical presentations of symptoms. 1.3 There are two alternative frameworks for understanding mental distress, these are biological and medical frameworks and behavioural frameworks. The biological and medical framework is often referred to as the disease model. It looks at psychological

Iraq Kuwait War

579 words - 3 pages IRAQ-KUWAIT War Negotiation Style and Frameworks by Steven Roberts A case study that shows how important it is to consider whether or not to accept concessions by taking a reasonable perspective and framework. | Bottom of Form On a scorching summer day in August,1990, the citizens of Kuwait stared in puzzlement at the encroaching, dusty streams of what appeared to be a pending desert sandstorm, creeping ominously towards them from across

Security Policy Framework

1330 words - 6 pages information secure will be just as important. Reference: Bücker, A., & International Business Machines Corporation (2010). IT security compliance management design guide with IBM Tivoli security information and event manager. S.l.: Vervante. Gantz, S. (n.d.). Security management frameworks. Retrieved February 1, 2014, from Humphreys, E. (2007). Implementing the ISO/IEC 27001 information security management system standard. Boston: Artech House. Raval, V. H., & Fichadia, A. (2007). Risks, controls, and security: Concepts and applications. Hoboken, NJ: Wiley.

Explain How to Monitor Children and Young People's Development Using Different Methods

520 words - 3 pages children and young people’s development takes different forms depending on its purpose. Assessment frameworks are useful in deciding whether a child is reaching expected milestones of development in different areas, whether they have any particular needs and what these needs are. Assessment frameworks can be used to screen for disabilities to assist in developing curricula and daily activities to provide feedback to parents and colleagues. Observation

Marketing Communication

707 words - 3 pages executional frameworks Several executional frameworks are used in this advertisement. Firstly is Animation. Beside the child, the cartoon in adv. is another main character. Producers know present in informational can not attract the children awareness but the funny cartoon can. The usage of the cartoon is to figure out the unique product feature and how children learn independency by using tissue themselves. Using the personifications make the print

Great Expectations

1283 words - 6 pages begun to notice their effect upon myself and those around me. free online resources from theschoolforexcellence at Their influence on my own character, I disguised from my recognition as much as possible, but I knew very well it was not all good.” Pip’s lack of Social status and parentage is fundamentally what forbade him from being accepted into the strict frameworks of the upper class. However an exception to the strict

Accounting Theory

1315 words - 6 pages performance alone. As such, they tend to ignore other aspects of performance, for example, the social and environmental performance of a reporting entity. Further, by focusing on financial performance alone, and by giving it prominence, conceptual frameworks tend to deflect attention away from other important areas of corporate performance (Deegan 2009, P. 183). They represent a codification of existing practice and do not provide ideal methods of

What Is Human Services

1076 words - 5 pages What Is Human Services? BSHS 301 What Is Human Services? Human Services is a concept created to counter the socio-economic, emotional and psychological challenges that many individuals, children and families encounter. It was created as a means to help improve the quality of life of the socially disadvantaged by promoting the idea that many cannot meet their basic physical and emotional needs on their own or without assistance from others

Sony Double Life Analysis

717 words - 3 pages it can be seen through the following frameworks. Three Act Story Structure Situation (Act 1) The people featured had typical, normal day jobs and lives that were mundane and unfulfilling. The characters in the story recognises a shared humanity that the audience can relate to. People are generally afraid to be outcasts as well as feel unaccomplished in life. Complication (Act 2) All the characters faced the same problem that creates a

Business Case Study

2187 words - 9 pages unique frameworks are utilized to enter information identified with renting and land assentions, penetrating, great arranging, money related data, well timetable, area data and so on. At the point when coordinating information from these applications, it is critical to recognize the System of Record (SOR) for information components that are found in various applications. For this situation areas, wells, rigs, exercises and so forth are a portion of

Related Papers

Terrorism – Is There Any Working Global Frameworks To Counter It?

3750 words - 15 pages Terrorism – is there any working global frameworks to counter it? By Zuzanna Sadowska On the 22nd of September 2003 Kofi Annan, UN Secretary-General, organized a conference “Fighting Terrorism for Humanity” in New York City. He opened the summit with words: “Terrorism will only be defeated if we act to solve the political disputes or long-standing conflicts that generate support for it. (…) If we do not, we should find ourselves acting as

Conceptual Frameworks For Advance Practice Nursing

781 words - 4 pages Running head: WEEK TWO DISCUSSION BOARD Week Two Discussion Board May 27, 2010 Conceptual frameworks for advanced practice nursing play an integral role in the guiding of practice, formulating educational curricula, and the overall development of the specialty. The continued evolution of advanced practice nursing has seemingly sparked numerous conceptual models influencing practice. Many models share common

Rules Based Of Principle Based Accounting Frameworks

3350 words - 14 pages when the economic environment changes. This had led the FASB to shift towards a more principles-based regime which will result in more economically meaningful reporting for modern financial reporting purposes (Agoglia, et al.2011). Although, principle-based standards provide too much flexibility resulting in a lack of comparability between financial statements, it has its advantages which are later discussed in this essay (Agoglia, et al. 2011

Feedback Loop Essay

581 words - 3 pages initial change”. As the first change in my loop was a positive one, it led to other changes in my feedback, all of them were in positive ways too and this brought about a “great benefit” for me. REFERENCES * Lam, T. 2009, My Reinforcing Feedback diagram, Bachelor of Commerce Program, Business Frameworks ACCT2104, RMIT International University, Vietnam. * O’Connor, J. and McDermott, I. 1997, The Art of Systems Thinking, pg. 32-39, Thorson