Information Technology Governance Control Level in Jordanian Banks Using: Control Objectives for Information and Related Technology (COBIT 5)

Abstract

Information technology is considered a sensitive part for most strategies in the global market competition. There are plenty of factors indicating expansion in the world of information technology, the matter that places greater demands on the control of the environment for information technology and augments the need to mitigate risk and cost control related to the IT environment information.  Hence, the importance of emphasizing the horizons of information, and the existence of effective controls on the IT environment should be designed for information technology services used by several parties, managers, auditors and owners.

This should facilitate controls and offer the opportunity to re - engineer the applications of the existing regulatory environment, which requires a comprehensive review and redesign of the regulatory controls.

To respond to any changes in the business environment, executives must ensure that information technology works with the greatest possible efficiency to help achieve goals and objectives. Growing competitive advantage, ensuring compliance and continuity, security and privacy are essential in order to achieve effective management for Information Technology related risks as well as maximal benefits in technology investment.

Keywords: Business goal, Enterprise Governance of IT, IT governance, Organizational structure, Risk management.