Security in Context: The BeyondTrust Blog

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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


Scottrade Breach: Identified by Federal Officials

Posted October 5, 2015    Morey Haber

Late afternoon on October 2nd, news leaked out of another large security breach, now at Scottrade. The identity count of records, in the millions again (4.6 million is the latest). This breach comes on the second day of national CyberSecurity month, the first being Experian/T-Mobile breach.

3d image Data Breach issues concept word cloud background

Experian/T-Mobile Data Breach: When 2 Days is not Enough

Posted October 2, 2015    Morey Haber

On October 1, Experian admitted full responsibility for the loss of T-Mobile customer data. 15 million user records dating back to 2013 were effected in the breach, with data including sensitive information that may be decryptable like social security numbers and drivers licenses.


Who Moved My Front Door? (What is Privileged Account Management?)

Posted October 1, 2015    Nigel Hedges

Not too long ago, I was sitting in a room with a very fluffy sales guy. In between words such as “we’ll make this happen” and “leave it with me, I’ll get it sorted” he asked the question “What is Privileged Account Management”?