White Papers for Sarbanes-Oxley (SOX)

Minimizing the Cost and Complexity of SOX Compliance

Security Weaver

Corporate executives are under increasing pressure to ensure stockholders,
auditors, and federal regulators that employees working with financial
information do not have real or potential financial conflicts. This is a critical
element of compliance with the Sarbanes-Oxley Act (SOX), and is known as
avoiding Segregation of Duties conflicts (“SOD conflicts”). An enterprise that
allows SOD conflicts to remain undetected within their enterprise information
systems increases their risk and the potential for severe financial penalties.

But for many companies — even those with automated solutions in place —
the process of identifying conflicts and reviewing systems access can be a
daunting task. In large enterprises, where hundreds of individuals are
managing literally tens of thousands of financial functions, the potential for
conflicts can be significant, and the way that many SOD solutions uncover
them varies significantly from different applications. This results in higher
costs and the potential for compliance errors.

View the White Paper

Share or bookmarklet this web page at: