SOX: A Short Guide to Compliance

By SWIFTTECH SOLUTIONS

SOX: A Short Guide to Compliance

compliant

Publicly traded

corporations must stay

with the SOX act.

1 2 3 The SOX Act Causes of

Noncompliance

Staying Compliant

with SOX

1 Explaining

SOX

turned upside down

In the early 2000’s, the financial world was

by accounting scandals.

Corporations inflated their assets, diverted earnings, and

manipulated stock prices.

These events resulted in

bankruptcy filings,

class action lawsuits for

the companies, and

charges against top executives.

These events also resulted

in loss of earnings

for investors and

lost employee jobs.

Sarbanes-Oxley (SOX) Act was enforced in 2002

to improve financial reporting systems.

2

Threats to staying

SOX compliant

There are threats to an IT system that can

undermine a corporation’s ability to stay SOX

compliant.

Abuse of access privileges

Accidental errors

Destruction of data

Fire, natural disasters

Communication loss

Unauthorized access by outsider

There are many things your company can do

to ensure compliance with the SOX Act.

3 How to stay

compliant

How can my organization

stay compliant

with SOX?

Your company can…

Store documents in an

electronic database

Create backup &

recovery procedures

Use a next

generation firewall

We can help you follow SOX compliance data protection standards.

CALL SWIFTTECH TODAY FOR YOUR FREE CONSULTATION

SWIFTTECH SOLUTIONS

WWW.SWIFTTECHSOLUTIONS.COM

877-794-3811

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