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Legalbrief   |   your legal news hub Monday 02 September 2024

KPMG\'s IT governance report

A recent survey, conducted by KPMG to probe the depth of implementation and level of effectiveness of IT governance in organisations in Europe, the Middle East and Africa, revealed that IT governance has yet to mature to the same level of corporate governance in many organisations.

According to the report on the ITWeb site, the KPMG IT governance survey, completed in the first half of 2004 by 198 respondents from a wide range of industries in 19 countries, revealed that the majority of respondents felt that IT governance was not an integrated part of the corporate governance structure of their organisation. In addition, many respondents indicated that while some form of IT governance was in place, it was essentially informal in nature. The majority of participating organisations did not use recognised IT governance standards. The report notes that South African industries cannot afford to ignore international legislation even though this may not be legally enforceable in the country as many of these policies will, with time, become enforceable and markets should use their current opportunity as a means of getting better value from the information technology in their businesses. Read the full report on the ITWeb site