The COBIT stands for Control Objectives for Information and Related Technology, which is designed by ISACA [Information System Audit and Control Association].COBIT is a globally accepted framework for the government and management of IT. And meanwhile, it aligns business goals to provide tools, resources, and guidance to achieve. Also, it associates and identifies responsibilities of business and IT processes.
The intention of designing COBIT 5 is to maintain a balance between control requirements, business risks, resource usage, and technical issues. It is a good tool for IT professionals, and business executives to ensure and control the quality and reliability of information systems in the organization. This will help them make decisions to improve their business outcome and goals.
Some of the benefits of COBIT 5 are:
• Fixed industry regulations and laws.
• Effective business goals.
• Manage risks and security.
• Ensures operational excellence by using technologies.
• Keep IT up-to-date and capable of supporting major changes.