10 Best Practices For Meeting SOX Security Requirements

  /     /     /  
Publicated : 22/11/2024   Category : security


10 Best Practices For Meeting SOX Security Requirements


Sarbanes-Oxley regulations remain one of securitys biggest drivers in public companies. Here are some tips on how to keep your organization in compliance



[Excerpted from Security Via SOX Compliance, a new, free report posted this week on Dark Readings
Compliance Tech Center
.]
Achieving compliance with Sarbanes-Oxley requirements remains a chief chore for all publicly traded companies—and a chief budget driver for IT compliance and security initiatives. Yet SOX’s computer security requirements remain vague, and auditors’ evaluations continue to be subjective.
IT managers often think of SOX as a technology mandate, but it is primarily an accounting and financial reporting mandate. Nowhere in the Sarbanes-Oxley Act will you see a reference to encryption, network security, password complexity or logging capabilities. Indeed, a SOX compliance effort should be driven by the business side, with IT playing the role of key facilitator.
So how do you approach compliance purely from an IT perspective? To pass a SOX audit, your company must implement security best practices for any system that touches anything and everything related to financial reporting and accounting systems. To achieve that goal, there are several elements you must put in place.

Last News

▸ CryptoWall is more widespread but less lucrative than CryptoLocker. ◂
Discovered: 23/12/2024
Category: security

▸ Feds probe cyber breaches at JPMorgan, other banks. ◂
Discovered: 23/12/2024
Category: security

▸ Security Problem Growing for Dairy Queen, UPS & Retailers, Back off ◂
Discovered: 23/12/2024
Category: security


Cyber Security Categories
Google Dorks Database
Exploits Vulnerability
Exploit Shellcodes

CVE List
Tools/Apps
News/Aarticles

Phishing Database
Deepfake Detection
Trends/Statistics & Live Infos



Tags:
10 Best Practices For Meeting SOX Security Requirements