What is COBIT?
COBIT stands for Control Objectives for Information and Related Technology. It is a framework
created by the ISACA (Information Systems Audit and Control Association). It was designed to be a
supportive tool for managers—and allows bridging the crucial gap between technical issues,
business risks, and control requirements.
COBIT is a thoroughly recognized guideline that can be applied to any organization in any
industry. Overall, COBIT ensures quality, control, and reliability of information systems in an
organization, which is also the most important aspect of every modern business.
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What is ISACA?
ISACA stands for Information Systems Audit and Control Association. It develops controls and
guidance for information governance, security, control, and audit professionals.
This international association focuses on IT governance, providing benchmarks and governance
tools for organizations that employ information systems. ISACA is behind the creation,
sponsorship, and driving of the COBIT framework.
What is the History of COBIT?
Originally published in 1996, COBIT helped financial auditors better navigate their IT
environment growth.
ISACA released a more comprehensive version in 1998. It enveloped areas beyond audit controls.
The third and fourth versions, released in the 2000s, added further management guidelines around
cyber security.
The fifth COBIT version came in 2013 and brought along tools, objectives, and best practices
universally applicable to all IT operations in enterprises. It expanded on the fourth version by
incorporating related standards from the ISO (International Organization for Standardization),
including ITIL (IT Infrastructure Library.
ISACA then updated COBIT 5 to COBIT 2019. It is the latest version. This COBIT version is more
comprehensive, flexible, and suitable for all enterprises, irrespective of their immediate goals
or size. COBIT 2019 includes six governing principles, unlike COBIT 5, which had five. Also, in
this version, the number of processes supporting management objectives and governance has
increased from 37 to 40.
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