For example, there are 189 ISO standards for information security, our National Institute of Standards and Technology ( NIST) has produced a full set of world-class materials on information security, and the Information Systems Audit and Control Association ( ISACA) has developed its best practices, the Control Objectives for Information Technology ( CobiT).

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Take the ISO 9000 family of standards, published by the International Organization for Standardization.

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For example, there are 188 information security standards developed by ISO.

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Daniel Retzer, managing director and chief technology officer for XSP, another software company, wrote that as firms work with both old and new standards they will see the advantages of ISO 20022, and the costs of supporting both.

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It grants a spot in ISO 3166-1, a directory compiled by the Geneva-based International Standards Organisation.

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Tim Lind, head of legal entity and corporate actions at Thomson Reuters and an old hand at standards from working at SWIFT, T owerGroup, GoldenSource and Omgeo, wrote that SWIFT ISO working groups and industry participating have been working for 15 years on its ISO 15022 messaging protocol.

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