BeyondTrust

Security in Context: The BeyondTrust Blog

Welcome to Security in Context

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.

Leave a Reply

Additional articles

CyberResiliency

6 things I like about Gartner’s Cyber Resiliency Strategy

Posted August 27, 2015    Nigel Hedges

There were 6 key principles, or recommendations, that Gartner suggested were important drivers towards a great cyber resiliency posture. I commented more than once during the conference that many of these things were not new. They are all important recommendations that are best when placed together and given to senior management and the board – a critical element of organisations that desperately need to “get it”.

Tags:
,
powerbroker-difference-1

Why Customers Choose PowerBroker: Flexible Deployment Options

Posted August 26, 2015    Scott Lang

BeyondTrust commissioned a study of our customer base in early 2015 to determine how we are different from other alternatives in the market. What we learned was that there were six key differentiators that separate BeyondTrust from other solution providers in the market. We call it the PowerBroker difference,

Tags:
, ,
Mac-Security-Enterprise

On Demand Webinar: Security Risk of Mac OS X in the Enterprise

Posted August 20, 2015    BeyondTrust Software

In the last several years, Mac administrators have come to realize that they may be just as vulnerable to exploits and malware as most other operating systems. New malware and adware is released all the time, and there have been serious vulnerabilities patched by Apple in the past several years, some of which may afford attackers full control of your systems.

Tags:
, ,