By Sam Sigarto
We all know what Sarbanes-Oxley is. We know the challenges it creates, the risks it carries and the penalties it imposes. But do you also know what a tremendous opportunity it holds? For many businesses, it holds the key to a rebirth of your data protection strategies that will forever change the way your business stores, accesses and retains its information.
Originally established to strengthen our practices and policies for protecting, retaining, securing, accessing and destroying financial records, Sarbox has forced us to rethink some very fundamental tenets of our data protection strategies. In turn, Sarbox needs to be viewed as more than just policies, procedures and penalties. It’s true that this regulation is creating unprecedented demand on organizations to store more records for longer periods of time. It’s also true that it is forcing businesses to increase both the accessibility and security of company information with documented processes to ensure the integrity, accessibility and retrieval of this information. However, with this growing complexity and regulation comes an equally unprecedented opportunity for CIOs to re-evaluate their current storage management solutions, practices and processes. As the old saying goes, “Do not fear the winds of adversity. Remember: a kite rises against the wind rather than with it.” In other words, regulations for data security, accessibility and protection offer a unique opportunity to turn these regulatory requirements into a new era of data protection.
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