SOX (Sarbanes-Oxley)

DEFINITION:

Sarbanes-Oxley Act of 2002 (SOX) was passed to make corporate executives more responsible for their companies’ financial statements.

CHALLENGE:

Section 404 of the Sarbanes-Oxley Act is relevant to information security as it requires management to demonstrate that they have established appropriate “internal controls” to safeguard an organization’s financial processes. The regulation’s internal controls specify that organizations safeguard financial data through the prevention and detection of security breaches that may have a material effect on financial statements.

SOLUTION:

SOS Security helps publicly traded companies quickly and cost-effectively meet compliance with Section 404 of Sarbanes-Oxley by providing SOX-specific reports to measure, reduce and document ongoing efforts to safeguard electronic systems and data.