IT Governance, Risk, and Compliance

Dec 29 2012   5:48AM GMT

eBook excerpt: Assuring Information Security – Part VI



Posted by: Robert Davis
Tags:
Accountability
Acquire and Implement
Adaptive Systems
Asset Management
Availability Management
COBIT
COBIT Domains
Control Environment
Control Objectives
Control Objectives for Information and related Technology
Deliver and Support
Due Diligence
Fiduciary Responsibility
Framework
Information Assets Protection
Information Security Governance
Information Security Management
ISG
Key Performance Indicators
Monitor and Evaluate
Performance Measurement
Plan and Organize
Risk Management
Strategic Alignment
Value Delivery

Dynamic homeostasis is steady state achievement by a relatively open system.  This condition is the result of receiving input from outside the system that is at least equal to the sum of system output and resource expenditure.  Thus, a for-profit entity must earn profits in the long run to continue as a functional concern and to grow.  In fact, all organizational units are open systems to a degree because none can operate without some interaction with the surrounding environment.

Control planning allows forecasting future organizational direction and relevant influences as well as deriving the best strategy for accomplishing control objectives (considering the entity’s strengths, weaknesses and foreseeable trends).  Furthermore, the control planning process translates strategy into measurable and operational plans as well as retranslating operational plans into policies, procedures, directives, standards, and rules.  Management’s environmental risk assessments can determine control implementation criticality.

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