COBIT 5 consolidates COBIT 4.1, Val IT, and Risk IT into a single framework acting as an enterprise framework aligned and interoperable with other frameworks and standards. COBIT also provides a set of recommended best practices for the governance and control process of information systems and technology with the essence of aligning IT with business. New insights from experts in IT and governance were included in the new version.ĬOBIT was initially 'Control Objectives for Information and Related Technologies,' though, before the release of the framework, people talked of 'CobiT' as 'Control Objectives for IT' or 'Control Objectives for Information and Related Technology.' The framework defines a set of generic processes for the management of IT, with each process defined together with process inputs and outputs, key process activities, process objectives, performance measures, and an elementary maturity model. The latest version, COBIT 2019, was released in 2018. COBIT 5 consolidates and integrates the COBIT 4.1, Val IT 2.0, and Risk IT Framework and also draws significantly from the Business Model for Information Security (BMIS) and ITAF. The current edition is the fifth (COBIT 5), and the fifth version is available from April 2012. The third edition of COBIT has been released by the ITG Institute (IT Governance Institute). The third edition added management guidelines. The first edition consisted of the framework, and the second one was extended to include audit guidelines, an implementation toolset, and control objectives. The first COBIT version was released by the ISACA organization in 1996. This connection is realized by linking business and IT goals, defining metrics and maturity models to measure the achievement of objectives, and defining the responsibilities of owners of the business and IT processes. COBIT interconnects Enterprise governance and IT Governance. It is a set of best practices and procedures that help the organization to achieve strategic objectives through the effective use of available resources and minimization of IT risks. COBIT is a framework of the best practices for IT management (IT Governance).

Cobit 4.1 by ISACA