Manufacturers are some of the most ambitious firms on the planet when it comes to harnessing the power of edge technology to modernize their businesses. As they make plans in 2023 to enhance business outcomes through the use of technologies such as 5G and IoT, manufacturers should also increasingly be called to innovate in the spheres of governance and cyber risk management.

‍COBIT, or the Control Objectives for Information and Related Technologies, describes itself as “the globally accepted framework for optimizing enterprise IT governance.” The COBIT framework was designed to help organizations develop, implement, monitor, and improve their IT enterprise governance and information security processes.