What changes have occurred in the business environment to spur an update of COBIT?
Many changes in the way business operate have made updates in COBIT imperative: • Increasing IT management focus The need to provide management and control guidance suitable for the current IT operational environment • More varied assurance audience The need to meet the needs of auditors, regulators, security experts and others involved in providing assurance about the performance of IT in many different circumstances • Greater focus on governance at board levels Making sure there is a sufficient business focus and mechanisms for aligning the management and control of IT objectives with the needs of the enterprise • Increased maturity of IT best practices and standards Making sure that as enterprises increasingly adopt specialized guidance such as ITIL and ISO 17799, COBIT can be used as the integrator and overarching umbrella framework and continue to be regarded as a highly credible and practical guidance for overall IT control • Integrated use by the three main target audiences: man
