Even though companies have had some time to digest this decade's force-feeding of compliance legislation, nobody seems able to fully stomach these costly and confusing laws. This is especially true for those in IT, like myself, who are still struggling to completely understand their role in these regulations.
The Sarbanes-Oxley Act (SOX), for instance, has gone beyond mere corporate oversight to costly data security mandates that companies can't seem to meet. A recent poll released by security provider Akonix Systems Inc. indicated that 45% of affected companies filed for SOX deadline extensions this year, with 26% admitting they aren't sure when they'll meet the regulation's guidelines.
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