Sunday, September 14, 2014

IT Governance and Benefits

According to the Information Technology Governance Institute (ITGI), governance includes all the accountability and methods undertaken by the board of directors. IT Governance focuses specifically on information technology systems, their performance and risk management

Benefits of Information Security Governance

  • An increase in share value for organizations
  • Increased predictability and reduced uncertainty of business operations by lowering information-security-related risks to definable and acceptable levels.
  • Protection from the increasing potential for civil or legal liability as result of information inaccuracy or the absence of due care.
  • Optimization of the allocation of limited security resources
  • Assurance of effective Infosec Policy and policy compliance.
  • A firm foundation for efficient and effective risk management, process improvement, and rapid incident response.
  • A level of assurance that critical decisions are not based on faulty information.
  • Accountability for safeguarding information during critical business activities, such as merger and acquisitions, business process recovery, and regulatory response.

Reference: Management of Information Security by Whitman and Mattord

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