Resources for Sarbanes-Oxley (SOX)

The rise of fraud

www.computerweekly.com

Corporate crime poses a real and substantial threat to the stability of any business. Fraud and theft involving everything from intellectual property to inventory, from cybercrime to corruption, are multi-billion pound problems. All organisations are susceptible and taking the right precautions to prevent crimes is crucial. Risk does not distinguish between geography and size of a company, or between industry and scope. The risk is real, worrisome and ubiquitous.

Some of these fraud violations are down to the increasing sophistication of the criminals perpetrating the attacks but, in many instances, systems are compromised in ways that simply should not be possible. Aside from the damage done to an organisation's brand, an increasingly strict legislative framework in some areas - laws such as Sarbanes-Oxley, UK Fraud Bill - should have left no one in doubt as to the importance of getting security right.

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