Thursday, February 17, 2005

Sarbanes-Oxley database compliance

Over the last few years, numerous prominent and headline-grabbing accounting scandals have taken place in major corporations. As a result, the Sarbanes-Oxley Act (SOX) was designed in the hopes of reducing fraud and conflicts of interests, while increasing financial transparency and public confidence in the markets. SOX defines a framework that makes it harder for executives to claim that they were unaware if information is compromised. Under the act, companies must maintain proven auditing practices and assure integrity and timeliness of data.

See full Article.