Corporate boards need IT Oversight committees  
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Corporate boards need IT Oversight committees

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Corporate boards are failing to understand the value of IT to their organisation and therefore have inadequate governance, experts have revealed. Research has revealed that only 12 per cent of companies have adequate IT governance.

Companies now have to comply with Sarbanes-Oxley, the UK Combined Code and HIPAA regulations, yet in a survey carried out by IT Governance, a specialist consultancy, training and publishing company on the subject, found corporate boards to be failing to implement the IT governance required. Less than 50 per cent of the companies surveyed were using governance frameworks such as CoBIT and ISO27001. IT Governance interviewed 100 technology and compliance professionals for its survey.

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