What is COBIT?
COBIT, first released in 1996, is an IT governance tool that has changed how IT professionals work. Linking information technology and control practices, COBIT consolidates and harmonizes standards from prominent global sources into a critical resource for management, control professionals and auditors. As such, COBIT represents an authoritative, up-to-date control framework, a set of generally accepted control objectives, and a complimentary product that enables the easy application of the Framework and Control Objectives – called the Audit Guidelines. COBIT applies to enterprise-wide information systems, including personal computers, mini- computers, mainframes and distributed environments. It is based on the philosophy that IT resources need to be managed by a set of naturally grouped processes in order to provide the pertinent and reliable information an organization needs to achieve its objectives. With the addition of the Management Guidelines, COBIT now supports self-assessment