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IT644 IT Governance and Risk Management : Financial Market

Questions:

1.What is risk management and how it affects IT governance? Explain.
 
2.Name two risk management frameworks that currently exist. Explain their importance.
 
3.List three major organizations that lead the industry in terms of governance and compliance --give a short description of why.
 
4.What is COBIT? In addition, explain its importance in terms of compliance.
 
5.How financial institutions deal with risk and IT governance? How they comply?

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