Information technology (IT) assets must be protected from external and internal activities detrimental to effective and efficient functionality.

After years of serving as an IT auditor and consultant, I have extrapolated that many of the largest organizational formations needed effective leadership in generating consumer confidence regarding information systems management.

The information possessed by an organization is among its most valuable assets and is critical to its success. The Board of Directors, which is ultimately accountable for the organization’s success, is therefore responsible for the protection of its information. The protection of this information can be achieved only through effective management and assured only through effective board oversight.

Since knowledge and ideas are an important part of cultural heritage, social interaction and business transactions, they retain a special value for many societies. Logically, if the associated electronically formatted information is valued, preventive and detective measures are necessary to ensure minimum organizational impact from an IPR security breach.

Potential stakeholders usually rely upon governance elements prior to investing their time, talent, and/or money.

To competently perform rectifying security service, two critical incident response elements are necessary: information and organization.

Once recognized as an accepted industry innovation, the organizational participants must adapt or face obsolescence.

As for relegated/delegated responsibility to ensure organizational software licensing compliance, management is still accountable when intellectual property rights are violated. If the safeguarding responsibility is assigned to an ineffective and/or inefficient unit within an organization, IT audit should recommend an alternative arrangement after the risks are substantiated.

Innovation is the process of transforming an idea or concept into a functional and marketable value proposition reflecting creative opportunity.

Laws continue to be enacted, and the regulatory environment has become more complex due to unacceptable conduct remediation. Consequently, entities continue to be compelled to demonstrate compliance with legal mandates through documented assurance assessments.