Thursday, August 11, 2005

Sarbanes-Oxley trumps IM at some firms


Concerns about security, archiving prompt companies to unplug instant messaging systems

In another case of fallout from the passage of the Sarbanes-Oxley Act, some companies are disabling their instant messaging systems because of concerns that the technology's security and archival controls aren't strong enough to comply with the law, according to IT executives, lawyers and auditors interviewed last week.

Section 302 of Sarbanes-Oxley requires CEOs and chief financial officers to certify that their companies have established internal controls and are regularly evaluating the effectiveness of the control measures. Although vendors such as FaceTime Communications Inc. and IMlogic Inc. offer tools for storing messaging traffic and protecting against malware, users like Jefferson Wells International Inc. are erring on the side of caution by simply unplugging their IM systems.

See full Article.