Although data security is not a particular topic in the principle, the SANS Institution paper money that financial reporting systems for most businesses rely heavily on technology. The Institute's research paper about SOX theorizes that any requirements about financial reporting would involve an evaluation of information security, because an insecure financial reporting system is susceptible to manipulation of numbers.Requirements
Section 302 of Sarbanes-Oxley requires that a publicly traded company's CEO and chief financial officer must vouch for the accuracy of the company's financial reports, including certifying that its internal controls--such as who has access to financial records, systems and reports--are effective.
SOX establishes a series of stringent requirements for financial reporting and executive authority in response to the Enron and Arthur Andersen accounting scandals of the 1990s. Entrust, a security persuaded, paper money that two sections of the act directly prevail earful security at publicly traded companies.
Security Issues
SOX security compliance is a expression referring to the requirements mandated by the Sarbanes-Oxley Circumstance of 2002, a federal constitution. Sarbanes-Oxley--often abbreviated as SOX--affects security compliance for publicly traded companies and is detail of a establish of sweeping financial reforms that administer how general companies and accounting firms deal with corporate control, financial reporting and common disclosure, according to Entrust, a security undeniable.
Sarbanes-Oxley Act
The Sarbanes-Oxley Fact of 2002 is a federal statute that governs how publicly traded companies care for internal controls, financial reporting and executive control, according to the SANS Academy, a machine security practice and certification disposal.Section 404 of the law mandates that a publicly traded company must evaluate its internal controls--such as financial reporting and IT security issues--by an independent auditor and report those results to the Securities and Exchange Commission.
