ICT GOVERNANCE AND PROTECTION
ICT Governance
ICT governance is a facet of enterprise corporate governance aimed at ensuring organisations manage IT risks effectively and in line with overall business objectives. ICT governance frameworks enable organisations to produce measurable results toward achieving their ICT strategies and goals.
Across Australia, organisations are subject to legislative and regulatory requirements that govern the protection of confidential information, financial accountability, data retention, and disaster recovery, among other things. Organisations must also provide assurance to shareholders, stakeholders, and customers that they have a robust ICT environment. To meet internal and external requirements, organisations can implement a formal ICT governance programme that provides a framework of best practices and controls.
Australian Privacy Act (APPs)
Australia’s Privacy Act 1988 (Cth) and the 13 Australian Privacy Principles (APPs) govern how personal information is collected, used, disclosed, stored, and accessed. The Notifiable Data Breaches (NDB) scheme requires notification to the OAIC and affected individuals when an eligible data breach occurs.
KING IV™
If King IV™ needed one word, it would be transparency. Earlier King Reports established that corporate governance is central to good corporate citizenship. King IV™ introduced an “apply and explain” regime that emphasises transparent disclosure of governance practices. It moves beyond a tick-box exercise to a coherent, integrated set of practices applied sensibly to your context. (In Australia, King IV™ can complement the ASX Corporate Governance Principles.)
COBIT 5
COBIT (Control Objectives for Information and Related Technologies) is an ISACA framework for IT management and governance. It defines generic IT management processes, objectives, outputs, and key measures, and uses capability/maturity models to benchmark performance.
PRINCE2®
PRINCE2 (Projects IN Controlled Environments) is a structured project-management and practitioner certification programme that breaks projects into manageable, controlled stages. It’s widely used in Australia and available in multiple languages.