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Bringing you news and commentary on solutions and strategies for protecting critical IT infrastructure in the context of your business.

The Cost Of SOX Is Declining?

Posted June 30, 2011    Peter McCalister

No, I’m not talking about socks that protect your feet, I’m talking about the government regulation that most of you are worried about. Protiviti just released a new study on the effectiveness and costs of Sarbanes-Oxley compliance with a number of interesting insights for IT managers who are concerned about the effectiveness and costs of their IT controls. The overall results are encouraging.

According to Protiviti’s 2011 Sarbanes-Oxley Compliance Survey, the cost of SOX compliance is declining and most participant believe the benefits of the controls outweigh the costs. Now I am little skeptical that all of the companies surveyed are including the full impact of SOX controls on IT costs, especially since less than 50% track and report the hours and costs of compliance. I suspect some companies have just gotten comfortable that some of the activities they added are just part of a new normal. Sort of like the metaphor of a slowly boiling frog not jumping out of the pot.

Nevertheless, the way companies are approaching the continuous improvement in their SOX controls is telling. They are simultaneously reducing costs and increasing the effectiveness and efficiency of operations by following a number of key strategies:

-Using the COSA framework to define best practices. COBIT would provide a similar framework for IT
-Increase use automated controls and continuous monitoring including a shift to preventative rather than detective controls
-Use of data mining and analytics to increase understanding of process performance
-Consolidating IT processes, platforms and systems

These are all things IT can embrace and as a strategic vendor of compliance and security solutions to the enterprise, things we should and can help our customers with. Implementing least privilege across physical, virtual and cloud-computing environments can also add to this savings.

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Additional articles

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Why You Still Suck at Patching…and How to Turn Your Life Around

Posted March 25, 2015    Dave Shackleford

Live webinar | March 26, 2015 | 10am PT/1pm ET | Dave Shackleford, SANS Instructor | Why You Still Suck at Patching…and How to Turn Your Life Around

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Privilege Gone Wild 2: Over 25% of Organizations Have No Privileged Access Controls

Posted March 24, 2015    Scott Lang

BeyondTrust recently conducted a survey, with over 700 respondents, to explore how organizations view the risk of misuse from privileged account misuse, as well as trends in addressing and mitigating those risks.

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On Demand Webinar – A Security Expert’s Guide: The Windows Events You Should be Tracking and Why

Posted March 23, 2015    Lindsay Marsh

On-Demand Webinar – Windows Security Expert and MCSE, Russell Smith, discusses the Windows Events you should be tracking right now and why. He will also show you how to set up Event Log subscriptions so you have better monitoring across your Windows environments.

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