IT Governance: Implementing Frameworks and Standards for the Corporate Governance of IT

CHAPTER 18: THE ITIL/COBIT/ISO27002 JOINT FRAMEWORK

Fines, reputation and brand damage and, in some circumstances, jail time for directors are outcomes that every business wants to avoid. The growing attractiveness of IT governance is due, at least in part, to the idea that a joined-up, coherent approach to the management of IT and compliance risk will bring the organisation identifiable benefits. Organisations also want to reduce the cost and disruption of multiple compliance initiatives, and to minimise the impact of their compliance activity on customer-focused business operations. Some organisations want to go further than this, and look to get positive business returns from their investment in closing information loopholes and improving ...