SOX Institute broadens scope
The SOX Institute is expanding beyond Sarbanes-Oxley into the broader spectrum of corporate governance, risk management and regulatory compliance as a GRC Institute, reports eMediaWire.
The institute will also raise the bar on the requirements to attain its recognised CSOX credential from next month through self-study as well as classroom education.
SOX Institute will revamp its research, education and certification programmes to include the broader spectrum of governance, risk and compliance. This comes less than four years since its inception, and is a testament to the fact that the industry is now looking at SOX vis-`a-vis other regulations.
Business leaders urged to understand IT better
A lack of governance and an increasingly fast rate of technology change are contributing to high rates of IT project failures, reports the UK's ITWeek.
Management consultant PricewaterhouseCoopers says 50% of projects are late or over budget and 25% fail completely. A survey by industry forum CIO Connect says more than 90% of CIOs believe poor monitoring by the business is allowing failing projects to continue for too long.
The Chartered Management Institute (CMI) is calling on business leaders to improve their understanding of the IT goals within their organisations. Mary Chapman, CE of CMI, says CIOs are key to improving IT governance by engaging with other managers when projects are failing.
IT systems risk higher than thought
Results from a survey show companies' IT systems are more at risk than staff realise, reports WebWire.
A recent Fortune 500 evaluation shows the frequency of authorised and unauthorised daily changes made across enterprise IT systems and applications are higher than most IT staff realise.
Because changes vary in type and purpose, IT governance firm Active Reasoning has launched a monitoring initiative to observe changes made to its customers' IT infrastructures, comparing activity month-to-month. Over the month of January, the company discovered 70% of changes to a retail chain's IT system were unauthorised.
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