Technology produces solutions for a number of business issues. These solutions need to be implemented in the fastest and most secure manner, with the maximum practicability and minimum interruption possible. Just as it is essential to manage the business, Information Technology Governance is an effort organizations must undertake. IT Governance framework is supported by senior management, and is implemented across the entire organization to help the company solve its operational issues.
IT Governance must rely on COBIT, BASEL, SOX and similar frameworks, particularly in financial services institutions, all around the world. These initiatives are aimed at ensuring that information technology services the strategies and goals of businesses. Another key objective is to address the entire process with a holistic approach.
Key words: IT, IT Governance, Information Technology Governance, COBIT, BASEL, SOX