Sarbanes-Oxley (SOX) Compliance

Audit Controls for Sensitive Data

In the United States, major internal accounting scandals such as WorldCom, Tyco, and Enron triggered the 2002 enactment of the Sarbanes-Oxley (SOX) Act. SOX implemented strict reforms for all publicly traded companies in the US—as well as wholly-owned subsidiaries and publicly traded foreign companies that do business in the US—designed to improve financial disclosures and prevent accounting fraud.

Far from just accounting, SOX also has an impact on the security of information systems since the financial information covered by the law is processed and stored by IT systems. IT departments are responsible for creating and maintaining corporate record archives, paying special attention to data access and retention.

Only 25% of companies’ SOX compliance programs are utilizing technology tools.

Accountable Data Protection

Discovery scans laptops, desktops, servers, and more to ensure data isn’t being stored where it doesn’t belong.

Reporting capabilities provide detailed evidence that security compliance efforts are in line with requirements.

Encryption and masking support a data security strategy that protects all financial data that is stored and/or utilized.

Automatic and ongoing data protection secures new data as it enters the system and disposes data after retention periods expire.

Ensure Protection and Compliance

To be SOX compliant, you need a data security strategy that protects all financial data that is stored and/or utilized. PKWARE automatically encrypts and masks sensitive data as it is discovered, and reporting capabilities allow you to provide detailed evidence that your compliance efforts are in line with requirements.