· What is COBIT ™?
COBIT ™ stands for 'Control Objectives for Information and related Technology'. It is basically an 'open' standard for IT security and control practices.
· Who created it?
The IT Governance Institute.
· What specifically does it cover?
It includes more than 320 'control objectives' and includes audit guides for more than 30 IT processes. Overall, COBIT is organized into 6 components:
- Executive Summary
- Framework
- Control Objectives
- Management Guidelines
- Audit Guidelines
- Implemenation Toolset
· How old is it?
It was first produced in the early 1990's. There have been a number of revisions since then as it has become more widely embraced and used, internationally.
· What support tools are included?
COBIT ™ includes a number of support items. These include: performance measurement tools, a list of CFS's (critical success factors) as well as maturity models for comparison and benchmarking.
· How frequently is it revised?
New upgrades/revisions are published approximately every 3 years