Sox Compliance Audit| Oaasa Technologys

A SOX compliance audit is a measure of how well your company manages its internal controls. While SOX doesn’t specifically mention information security, for practical purposes, an internal control is understood to be any type of protocol dealing with the infrastructure that handles your financial data

. Indeed, one of the biggest criticisms of SOX is that, particularly for smaller firms, this requirement that all accounting systems must be subject to auditing is prohibitively expensive.

With that in mind, how can SOX compliance benefit you? Aside from eliminating the threat of fines and other penalties, smart organizations are using SOX as a framework for:

  • Auditing existing IT infrastructure, identifying inefficiencies, redundancies and superfluous controls.
  • Streamlining reporting and auditing processes, increasing productivity and reducing costs.

Managing security risks more effectively and responding quicker in the event of a breach

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