Monday, March 14, 2005

Firms face increased risks to computer networks

Flom addresses corporate-information security, a hot topic now as government regulations and a litigious public push companies to prove their networks are secure.

Even smaller companies could be asked to comply if they work for governments or larger companies in fields ranging from health care to banking.

Some consultants say the new emphasis on information security stems from the Sarbanes-Oxley Act passed in the wake of scandals at Enron Corp. and WorldCom Inc. In addition, the Health Insurance Portability and Accountability Act and the Gramm-Leach- Bliley Act put the security onus on health care and banking companies.

But Sarbanes-Oxley doesn't actually mandate information security, said Ira Solomon, head of the accounting program at the University of Illinois at Champaign-Urbana.

Still, Solomon said, companies are being held to a greater level of accountability for privacy and data integrity. "Companies are collecting more and more data, so there's more and more at risk," he said.

Firms face increased risks to computer networks

Send to a friend:

<< Home

Previous articles

Avoid Taxing Problems When Making IT Buys

Auditor costs soar

Software Combo Manages SarbOx Compliance

Material Weaknesses and Share Price

SEC evaluating Sarbanes-Oxley rules

Sarbanes, Oxley: Give Rules a Chance

Law on CEO Awareness on Trial With HealthSouth's Scrushy

Senator Paul Sarbanes and Representative Michael Oxley Claim Corporate Legislation Works

Time to reassess 404 compliance

Sarbanes-Oxley: The Whistleblower Provisions

August 2004

September 2004

October 2004

November 2004

December 2004

January 2005

February 2005

March 2005

April 2005

May 2005

June 2005

July 2005

August 2005

September 2005

October 2005

November 2005

December 2005

January 2006

February 2006

About inside Sarbanes-Oxley

inside Sarbanes Oxley is dedicated to finding the best sources of news and information on the changing landscape of Sarbanes Oxley and compliance. Whether you call it SOX, Sarbox, or the Sarbanes-Oxley Act of 2002, look no further than inside Sarbanes Oxley.

Additional resources

Try these recently updated resources:

RSS Feed

Interested in staying up-to-date on all the latest Sarbanes-Oxley news? Subscribe to the inside Sarbanes-Oxley RSS feed and get all of the latest news on SOX delivered directly to your feed reader.

inside Sarbanes-Oxley RSS Feed