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PO4.9 - Data and System Ownership

This topic is intended to enable collaboration and sharing of information to facilitate a better understanding and approach to implementing this COBIT control objective based on the risk, value and guidance provided by its corresponding control practices.

COBIT Control Objective PO4.9 - Data and System Ownership is contained within Process Popup Define the IT Processes, Organisation and Relationships

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Data and System Ownership

Provide the business with procedures and tools, enabling it to address its responsibilities for ownership of data and information systems. Owners should make decisions about classifying information and systems and protecting them in line with this classification.

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Value Drivers

  • Users controlling their data and systems
  • Defined accountability for the maintenance of data and system security measures
  • Effective and timely information management processes
  • Reduced financial losses caused by theft of assets
  Risk Drivers
  • Improperly secured business data
  • Improper protection of information assets
  • Requirements for protecting business data not in line with the business requirements
  • Inadequate security measures for data and systems
  • Business process owners not taking responsibility for data

View Control Practices  help

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  1. Provide policies and guidelines to ensure appropriate and consistent enterprisewide classification of data.
  2. Define, maintain and provide appropriate tools, techniques and guidelines to provide effective security and controls over information assets in collaboration with the owner.
  3. Create and maintain an inventory of information assets (systems and data) that includes a listing of owners, custodians and asset classifications. Include assets that are outsourced and those for which ownership should stay within the organisation.

 

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International Financial Reporting Standards have been mandatory in the EU since 2005 and are rapidly being adopted by countries throughout the world.
Posted by ISACA 57 days ago

Events & Online Learning: 8 total

7 May 2012
ISACA International Event
Orlando, Florida, USA
Get the knowledge you need to stay one step ahead of the competition and keep up with changing professional trends at ISACA’s North America CACS Conference.
12 Jun 2012
ISACA International Event
Dallas, Texas, USA
ISACA Training is a unique educational event designed to provide the tools you need to maintain, update and upgrade your skills, and to continue your professional development.
7 Aug 2012
ISACA International Event
Chicago, Illinois, USA
ISACA Training is a unique educational event designed to provide the tools you need to maintain, update and upgrade your skills, and to continue your professional development.
11 Sep 2012
ISACA International Event
San Francisco, California, USA
ISACA Training is a unique educational event designed to provide the tools you need to maintain, update and upgrade your skills, and to continue your professional development.
2 Oct 2012
ISACA International Event
Orlando, Florida, USA
ISACA Training is a unique educational event designed to provide the tools you need to maintain, update and upgrade your skills, and to continue your professional development.

Journal Articles: 133 total

Volume 3, 2012
by Kai-Uwe Ruhse, CISA, PCI QSA, and Maria Baturova
This article describes real cloud computing project case studies, which show that moving to the cloud is an important strategic decision for IT managers.
Volume 3, 2012
by Steve Markey
Once thought of as a technology solely for academia, non-RDBMS are now reaching critical mass in industry.
Volume 2, 2012
by Steven J. Ross, CISA, CISSP, MBCP
The Conference Board study addresses the resilience of companies “to bounce back from a disruption” caused by security events, which are defined rather loosely as environmental disasters, terrorism and cyberattacks.
Volume 2, 2012
by Kerry A. Anderson, CISA, CISM, CRISC, CGEIT, CISSP, ISSMP, ISSAP, CSSLP, CFE
The closer alignment between RIM and information security may provide an approach to managing increasing data protection concerns and tough privacy regulations rather than maintaining the separation between these critical compliance functions.
Volume 2, 2012
by Tommie W. Singleton, Ph.D., CISA, CGEIT, CITP, CPA
This article addresses some of the IT audit issues associated with data transfers.
Volume 2, 2012
by Robbie Sauerberg, Weston Smith and Jonathan Tudor, CCNA
This article first describes the benefits of CRM systems and identifies risk areas inherent in CRM systems that threaten the benefits an organization can receive from a CRM system.

Wikis: 2 total

Blog Posts: 50 total

Gone are the days of check list auditing (Tick and bash audit). To add value to business auditors need to go beyond check listing. Be it an application control review (ACR), IT General Controls Review (ITGCR), A project review or an integrated audit, i...
Posted By : Tichaona Zororo CISA, CISM, CRISC, CGEIT | 0 comments
During my audits, training & teaching sessions one of the frequent queries I came across is 'Sir, How do I become an IT Auditor? What are the qualification criteria?' The best answer for this to quote from the famous book, Information Systems Control and ...
Posted By : KvR | 0 comments
So two things happened today. While talking about the need to get the business folks excited about IT Risk Management I used a simple analogy trying to relate to the usual perception, perhaps justifiably so, the business folks have, and that is, IT securi...
Posted By : Umesh391 | 0 comments
7 Mar 2012
To share various espects in cloud computing viz; history, availability, deployment, integrity, availability, confidentiality, security, cloud sharing etc.
Posted By : MoizB583519 | 2 comments
On March 1st,  I was invited to speak at the CampIT conference on Enterprise Risk/Security Management at Rosemont Convention Center. Before me there were two speakers. The first presenter spent an hour presenting the story from the trenches of technolog...
Posted By : Umesh391 | 0 comments
Hola, se les informa a todos los interesados para los cursos de CISM en JUNIO 2.011, que los mismos comenzarán los siguientes días: 06FEB - 40 Hrs Grupo A 13FEB - 40 Hrs Grupo B 20FEB - 40 Hrs Grupo C Modalidad 16 Hrs intensivas y Presenciales (09:00 a...
Posted By : Alexander Osorio | 0 comments