Happy fifth birthday, Sarbanes-Oxley
Published: 30 Jul 2007 17:25 BST
Five years ago today, Sarbanes-Oxley legislation was signed into law. The stringent legislation was brought in to restore public confidence in US businesses following the high-profile bankruptcy of global firms Enron and WorldCom.
But it's been a tough five years of compliance for all those involved in US-headquartered companies, with the effects frequently reaching the IT department, which has had to cope with a raft of controls.
Which IT director in their right mind would enjoy having to comply with the notorious Section 404, which laid down the horrors of Sarbanes-Oxley in full? How they wish this legislation could have been simply "Not Found".
Highlights — or could that be lowlights — from the first five years of Sarbanes Oxley follow.
Follow the sun, not Sarbanes-Oxley
New models of efficient computing are being held back by accountancy and financial rules. Now what's needed are new ways of thought [12 Apr 2007]
Interest in disaster planning is waning
After a surge in demand for disaster planning services post-9/11, interest in advanced planning services seems to be slackening says Gartner [20 Nov 2006]
Businesses unprepared for IT disasters
Survey: Most businesses are very concerned about business continuity, but two-thirds lack a reliable plan to ensure their business can survive the worst [17 May 2005]
Dunn departs HP over media leak scandal
Chairman Patricia Dunn has agreed to resign her post after an investigation into media leaks sparked controversy [12 Sep 2006]
Final countdown to Sarbanes-Oxley compliance
Now the 15 July milestone has passed, companies will soon have to comply with the regulations or meet the consequences [26 Jul 2006]
The environmental impact of compliance
Gerry Kaspers, programme manager at the UK Environment Agency, shares her experiences of overhauling the organisation's internal systems using business-process management tools [30 Jun 2006]
Ex-Enron execs guilty of lying, jury finds
Lay and Skilling face a maximum of more than 200 years in prison from one of the US' biggest business scandals ever [26 May 2006]
Compliance: Turning IT cost into benefit
Complying with legislation is often seen as a cost and even a distraction from growth but can meeting regulatory requirements actually have benefits for IT departments and the businesses they serve? [18 Apr 2006]
Compliance and disaster recovery
The law doesn't care if you're running on your back up servers - you still need to take care of your data [09 Feb 2006]
SOX to pull IT spending up in 2006
International corporate governance regulations, but particularly Sarbanes Oxley in the US, mean IT spending will grow at least twice as fast in 2006 as it did in 2005, according to Gartner [16 Dec 2005]
Don't let compliance hinder your growth
Making sure your systems are scalable is important for every area of your business [31 Oct 2005]
Did you find this article useful?
2 out of 2 people found this useful
- Share this article:
