COBIT stands for Control Objectives for Information and Related Technology; it was first released in 1996. It is a framework created by the ISACA (Information Systems Audit and Control Association) for IT governance and management. COBIT is adopted by all IT business process managers around the globe to provide them with a model for delivering value to the enterprise and implementing better risk management techniques for IT processes.
It is a management tool to help Managers Bridge the gap between technical challenges, business concerns, and control requirements. COBIT is a well-known framework that any business can use in any industry. COBIT guarantees the quality, control, and reliability of an organization’s information systems, the most crucial part of any modern organization.
COBIT is utilized by all organizations whose core duties are business processes and related technologies and all organizations and enterprises that rely on technology to provide accurate and timely information. In addition, COBIT is a framework for raising the sensitivity of IT processes utilized by both government and private sector companies.