Monday, November 29, 2004

Preventsys Ensures Sarbanes-Oxley 404 Compliance with Latest Update to Enterprise Security Management System

Preventsys Inc., a pioneer in information security and policy compliance systems specifically for large organizations, today announced that it has updated the Policy and Regulatory Compliance module of the Preventsys Enterprise Security Management System to include new and updated compliance rules related to Sarbanes-Oxley (SOX) -- including section 404 of the Act, which mandates that internal controls be proven to protect the confidentiality, integrity and availability of financial, management and reporting technology systems.

"The Section 404 deadline of November 15, 2004 has come and gone, and it's a safe bet that hundreds of top companies are still struggling to comply with Sarbanes-Oxley's strict guidelines," said Tom Rowley, chief executive officer of Preventsys. "With the new update to the Preventsys Enterprise Security Management System, we automate the compliance audit process across all IT systems, so there's no need to guess what the state of compliance is for your company. Also, we added up to the minute compliance reports that can be generated with the push of a button. The Preventsys system can pinpoint and identify Section 404 trouble spots immediately."

Rowley noted that Preventsys' December 3rd webinar is a "must-attend" event for any company CIO or corporate compliance officer concerned about ongoing SOX compliance: "We're going to use a refreshing amount of plain English to discuss how corporations can best handle the audit process and its aftermath," Rowley said.

The Preventsys Policy & Regulatory Compliance system is an automated compliance management software solution that enables complex organizations to effectively measure compliance against requirements deemed necessary for financially significant IT systems in accordance with the Sarbanes-Oxley law, and other policies and regulations. The Preventsys system enables repeatable and consistent auditing and reporting over time at both a macro level (global network, business units, financial systems, etc.) and at a micro level (per sub-network or per audit). Preventsys also enables large companies to have a complete record of computer and monitoring controls, and an effective, automated way to address non-compliance issues through its built-in workflow, issue assignment and tracking capabilities.

Preventsys Ensures Sarbanes-Oxley 404 Compliance with Latest Update to Enterprise Security Management System

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