SOX compliance is important for your financial data security
Sophos can help.
The Sarbanes-Oxley Act requires implementation of good financial reporting and corporate governance. The Act aims to protect the general public from accounting errors and corporate fraud. Sophos’ next-gen security includes several solutions that can help you achieve and manage SOX compliance and ensure financial record availability.
Data security
Protect your devices and data with full disk encryption for Windows and macOS with Sophos Encryption. Protect data over email with granular control over data breach prevention policies and seamless integration of encryption with Sophos Email. Proactively identify shared storage services and databases without encryption enabled, or ports exposed and remediate to protect these services and data at rest with Sophos Cloud Native Security.
Privilege user access controls
Adopt the principle of least privilege across public cloud environments with Sophos Cloud Security. Identify over-privileged access and create right-sized IAM policies before they are exploited in cyberattacks. Sophos Central protects privileged and administrator accounts with advanced two-factor authentication. User awareness across all areas of Sophos Firewall allows user-level controls over network resources.
Incident detection and response
Quickly answer business critical questions, correlate events from different data sources and take even more informed action with Sophos Extended Detection and Response (XDR). Fully managed Sophos MDR services monitor and investigate detections from endpoints, network, and cloud platform solutions to identify, investigate, contain, and neutralize active threats.
Ensure regulatory compliance
Continuously monitor compliance with the help of custom or out-of-the box templates and audit-ready reports in Sophos Cloud Native Security for popular standards. Automatically analyze cloud configuration settings against compliance and security best practice standards without diverting resources.
Read the Compliance Card for more details on how Sophos solutions help your efforts to stay compliant.
The Sarbanes-Oxley Act: A Refresher
The Sarbanes-Oxley Act of 2002, also known as the Public Company Accounting Reform and Investor Protection Act, was enacted in response to a number of major corporate and accounting scandals. All publicly traded companies are required to comply with SOX, and a number of the Act’s provisions apply to privately held companies.
There are severe penalties for non-compliance with SOX. CEOs, or CFOs of companies found non-compliant with SOX face up to 10 years in prison and a $1 million fine. Penalties differ depending upon the section violation and, besides incarceration and fines, may also lead to firings, public censure, stock devaluation, and bankruptcy.
This is not an exhaustive review of all elements of the Regulation, nor is it legal advice. Please consult your own legal experts if required.
What are you waiting for?
Let our experts at Sophos help to build the right cybersecurity solution for your needs.