The next iteration, COBIT 2, was published in 1998 and offered additional guidance for controls. As an audit and controls guidance framework, COBIT 2 gained broader exposure. The marketplace then began asking ISACA to provide greater assistance in managing the entire IT function. Additional guidance was developed and COBIT 3rd Edition was released as a management framework in 2000.
The latest evolution of the framework, COBIT 5, was published in 2012 and provides a comprehensive business framework for the governance of enterprise IT. COBIT 5 presents a model for the alignment of overall enterprise strategy with IT strategy, operates on a relatively simple foundation of five principles with seven enablers, and is aligned with several significant internationally recognized standards bodies, such as ISO/IEC and ITIL. More than 800 people provided input into the design of COBIT 5, which required nearly two years to develop and is now available in 16 languages.
COBIT user surveys have shown that COBIT 5 is very beneficial in helping enterprises manage their risks and more clearly demonstrate the delivery of value to stakeholders. In a recent survey of COBIT 5 purchasers and downloaders, more than 9 in 10 said they would recommend COBIT 5 to others.
Because governance guidance must reflect the needs of practitioners, and as the technological and threat landscapes evolve, COBIT also will continue to evolve to best serve its users.
To access infographics, testimonials and information on COBIT’s history—or to submit your own COBIT stories and photos—click here.
Peter Tessin, Technical Research Manager, ISACA
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