Resources for Sarbanes-Oxley (SOX)

Anatomy of a Data Breach

www.cio.com.au

In 2007 and 2008 the industry has seen an upsurge in data breaches affecting millions of consumers and causing corporations to pay heavily in fines.

Despite the increase in the number of data breaches via illicit means, internal controls seem to fail when it comes to the assurance that critical assets remain uncompromised. According to the Identity Theft Resource Center a total of 336 breaches have been reported in 2008 alone, putting the overall number at 69 per cent greater then this time last year . This is a concern for security teams especially given the fact that a lack of dedicated resources exist to combat and revert this trend.

This is significantly important to take into consideration when going through the formal audit process to certify adherence to Sarbanes-Oxley (SOX), Graham Leach Bliley (GLBA), Payment Card Industry (PCI), or Health Insurance and Portability and Accountability Act (HIPAA).

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