Five years and counting: A SOX data security reality check  
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Five years and counting: A SOX data security reality check

www.scmagazineus.com

Time sure does fly. On July 30, 2007, the Sarbanes-Oxley (SOX) Act turned five years old! And while the jury may still be out on the degree that SOX is benefiting the average investor, there's no question that if you're reading this, it's changed your life. If you're an IT or security professional with a public company, chances are that SOX has resulted in many long meetings, increased workload and some big time budgeting headaches.

But the real question five years later is whether SOX has really made IT infrastructures and sensitive corporate data more secure? One look at recent press coverage and market studies indicates that more work needs to be done, especially to secure the SOX-centric internal data networks, as identity theft, insider abuse/fraud, credit card fraud and compromising sensitive financial records appear to be on the rise.

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