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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

Integrating Least Privilege and Password Management to Solve Account Security Challenges

Integrating Least Privilege and Password Management to Solve Account Security Challenges

Posted July 24, 2014    Morey Haber

There is a reason all BeyondTrust Privileged Account Management (PAM) solutions share the PowerBroker name: They all inherently enable you to reduce user-based risk and can be integrated under a centralized IT risk management platform. Here’s one common use case that demonstrates how this integration changes the playing field. Consider the challenge of privileged access:…

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PowerBroker Password Safe Password Age Report

Reshaping Privileged Password Management with Password Safe 5.2

Posted July 21, 2014    Martin Cannard

Today, we’re pleased to unveil the latest edition of our privileged password management solution, PowerBroker Password Safe. I’ll start with a brief intro of what’s new and then tell you a little about the driving factors behind Password Safe development. New features for mitigating password risk and ensuring accountability enterprise-wide Here’s the 10,000-foot overview of…

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PowerBroker for Windows tamper protection

PowerBroker for Windows 6.6 Tamper Protection

Posted July 18, 2014    Morey Haber

I have a bone to pick: Stopping an administrator from performing an action on a system is futile endeavor. As an administrator, there is always a way to circumvent a solution’s from tampered protection. Really! By default, Windows administrators have unrestricted access to the system – and even though an application, hardened configuration, or group policy…

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