Identity Auditing is the Key to Maintaining SOX Compliance

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Originally uploaded by governancefocus.

The Sarbanes-Oxley Act (SOX) has profoundly affected IT governance and operations, especially Section 404: Management Assessment of Internal Controls. Organizations of all sizes are struggling to put the processes and infrastructure in place to address SOX compliance needs.

Analysts project 2005 compliance related IT spending in the range from $1.5 billion to $5 billion. Early indications are that for many companies the cost of compliance is eroding profit margins. No one can predict what the impact of meeting SOX compliance requirements will be.

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