A multinational financial services company needs to implement a security control framework that focuses on business objectives and IT governance while providing a comprehensive set of controls for enterprise security. Which of the following frameworks would BEST meet these requirements?
COBIT (Control Objectives for Information and Related Technology) is the correct answer because it specifically focuses on aligning IT with business objectives and provides comprehensive governance and management of enterprise IT. COBIT is designed to bridge the gap between business requirements, control requirements, and technical issues, making it particularly suitable for financial organizations that need strong IT governance.
NIST SP 800-53 is more focused on security controls for federal information systems, though it can be adapted for private sector use. While comprehensive for security controls, it doesn't have the same emphasis on business-IT alignment that COBIT provides.
PCI DSS is specifically designed for payment card security and would be too narrow in scope for overall enterprise security governance.
FedRAMP is a U.S. government program focusing on security assessment and authorization for cloud services, which would not address the broad enterprise IT governance needs of the financial services company.
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