Only 12% of firms have adequate IT governance in place, says a poll of 100 IT professionals.
Despite increasing compliance pressures under Sarbanes-Oxley, the UK Combined Code, HIPAA and other regulatory regimes, boards still appear to be lagging badly in implementing appropriate IT governance measures, said IT Governance.
IT governance frameworks, such as ITIL, Cobit and ISO27001, also appear to be used in less than 50% of organisations, revealed the poll.
Although 16.5% of respondents reported that progress was being made towards achieving IT governance, more than 50% indicated that this was far from the case.
Respondents were similarly sceptical about the grasp that board members have of technology's importance.
Less than 7% said that board members understood the risks posed to business operations by information and IT systems. In contrast, 49% said this was not the case.