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Ensures the use of IT effectively and innovatively to align with strategic business goals. COBIT is often used by strategic teams and people responsible for audit and compliance IT organizations who want to demonstrate that they meet an externally defined standard What is it mainly used for?
Organizations typically bought insurance to avoid the losses these risks could cause, thus “transferring” the risk to the insurance company. 2002-2007): Financial reporting, Sarbanes-Oxley Act (SOX) compliance, and their related IT controls. Rasmussen sees the GRC development timeline as follows: GRC 1.0
Ensures the use of IT effectively and innovatively to align with strategic business goals. COBIT is often used by strategic teams and people responsible for audit and compliance IT organizations who want to demonstrate that they meet an externally defined standard What is it mainly used for?
To succeed, a business is well advised to use a dedicated GRC tool; the right one allows you to stay aware of your organization’s risk posture, align your business and strategic objectives with information technology, and continually meet your compliance responsibilities.
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