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COBIT 5 Update July 2010Presented by Xxxxx Xxxxxx, CISA, CGEIT

COBIT 5 Initiative The initiative charge from the Board of Directors is to tie together and reinforce all ISACA knowledge assets with COBIT. The COBIT 5 Task Force: Includes experts from across the ISACA constituency groups Is co-chaired by John Lainhart (Past International President) and Derek Oliver (Past Chairman of the BMIS Development Committee) Reports to the Framework Committee and then the Knowledge Board 2010 ISACA. All rights reserved. 2

COBIT 5 ObjectivesCOBIT 5 will: Provide a renewed and authoritative governance and management framework for enterprise information and related technology, building on the current widely recognized and accepted COBIT framework, linking together and reinforcing all other major ISACA frameworks and guidance such as: Val IT Risk IT BMIS ITAF Board Briefing Taking Governance Forward Connect to other major frameworks and standards in the marketplace (ITIL, ISO standards, etc.) 2010 ISACA. All rights reserved. 3

What Will Be Delivered? An enterprisewide, end-to-end framework addressing governance and management of information and related technology The framework structure will include familiar components such as a domain/process model and other components such as governance/ management practices, RACI charts and inputs/ outputs. An initial COBIT 5 product architecture, specifying which types of products and other guidance that could be developed for specific IT professional audiences (e.g., assurance, security, risk) in support of enterprise business needs 2010 ISACA. All rights reserved. 4

Draft Framework

A work in progress today

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Potential Products

A work in progress today

Other Guidance OptionsThe COBIT 5 product architecture will also contain practitioner guidance designed to support specific business requirements, the needs of ISACA constituent groups, specific content topic development and reference to the COBIT framework and specific framework as necessary. Such guidance could include: Getting Started Guides Mappings Surveys and Benchmarks 2010 ISACA. All rights reserved. 7

Key Messages for IT Professionals IT Governance, IT Consultants, IT Assurance, Auditors, Security Professionals, IT Risk and Control, Other IT Professionals [Pick n mix]

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Key Messages for Enterprise Leadership Boards, Executive Management, Enterprise Management, Other Stakeholders [Pick n mix]

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Key Messages for Enterprise Management Functional Department Management: Risk, Quality, Compliance, HR, Finance, Business Analysts, Regulators, Finance, Operations, etc. [Pick n mix]

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Moving Forward The Project Initiation Document for the development of the overarching COBIT 5 framework has been approved by the ISACA Board of Directors and design and development work is progressing. COBIT 5 is a major, high-profile, strategic initiative for ISACA. Market validation of design (i.e., the public exposure of the draft design paper completed in April 2010) and development (i.e., the planned public exposure of the overarching framework product in Q1 2011) will take place to ensure ISACA remains on the right track to satisfy market needs. Communication activities are part of the work plans. There will be transition support for users of the current ISACA frameworks to use COBIT 5. ISACAs valuable current framework content will not disappearit is being reinvented and improved! 2010 ISACA. All rights reserved. 11

COBIT 5 News As the initiative progresses throughout 2010 and 2011 there will be periodic updates provided: On the ISACA web site, www.isaca.org/COBIT5 In the COBIT Focus newsletter In other ISACA membership communications, events, marketing materials and PR activities Watch these spaces for more news! 2010 ISACA. All rights reserved. 12