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SOX Act and the Development of New Technologies

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The Sarbanes-Oxley Act in the U.S. has greatly increased the compliance obligations of publicly-traded companies. Explain how the landmark legislation affected the obligations of IT departments, and the way in which they develop and implement new technologies.

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One underemphasized provision of SOX is the requirement that companies disclose to investors both material events and contingent liabilities that might impact the bottom line. A significant attack on an infrastructure could yield ...

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This solution discusses the Sarbanes-Oxley Act in the U.S. and how it has increased the obligations of IT departments and impacted the way they develop and implement new technologies.