Thursday, March 31, 2005

Sarbanes-Oxley Compliance in the Brave New World

by Bill Inmon

From a Legal Standpoint, a Corporation Has Every Right to Look at and Monitor Corporate Communications, and That Includes E-mail.
Not so long ago, Aldous Huxley wrote about the future in the BRAVE NEW WORLD. It seems that at least part of Huxley’s future has arrived and is now the present. Today, we have a higher level of surveillance than we have ever known. There is the surveillance to protect us against terrorism, which we accept as a necessity. But presently, there is also another form of surveillance of which we may be totally unaware.

In the late-1990s and early 2000 time frame, certain corporations were caught inflating their stock prices so that executives could personally profit at the expense of the investor. Prior to this, corporate officers could be held accountable on a civil basis, but rarely were they subject to criminal prosecution. This is no longer the case.

See full Article.