File:Sarbanes Oxley.pdf

2002 you know where your data are? tm-e.dilorial content ieeespecrrum magazine not repr'l ltoffioi~l:k$iti"nsofttreleee orilioi'lrgarhzawilal units ~i~e add oommerrr;i1 f"rum li.hantmafl@jeee clear that companies are being required have nothing less than continuous real-time "god's-eye view everything their corporate systems they need exactly what delete and keep must able monitor all col- leagues co-workers doing online the personal criminal liability ior officers vdl0 don't will high. such problems may seem daunting for firm with employees but you've got tens thousands more? then does kuipers belt e-mail end oort cloud instant messages begin-lo trillion million even late carl sagan could help this one. sarbanes-oxlcy probably benefit all-better governance business practices make viable tech compa- nies likely killed corruption greed eliminating jobs wiping out stock portfolios more collect about ourselves see managing care through air this"issue vigilant how can used no'i'l forcing lot think tbe social well legal issues often a~e technology regulatory developments tile challenges arc much those teclmo[ogy responsibility maturity ii: spectacular implosions enroll, worldcom global crossing other several years ago continue reverberate just last month sarhanes- oxley act la'w designed regu- accounting procedures publicly traded u.s non-u.s. operations began goinginto effect infor- mation-technologydepartments scramble accommodate ja,v's rigorous reporting provisions rue day became official cosmologists chaotic new electronic universe. backbone section sarbanes-oxley requires company's management verify swear has adequate internal controls ensure reliable-accurate- financial reports these contl·ol vaguely broadly defined basicallymean keeping exhaustive track related either directly indirectly state company sure accu- rate controland mechanisms also sunounding envirnnment affect accuracy environment includes messaging along documentation contained from word processing tools powerpoint presen- tations spreadsheets custom-built databases. data-demanding legi~lation put cen- ter whole information universe function specialists lean harder consol- idation integration storage mining docu- mentation chores like server cleaning backup take significance. comply fully rules going come extensive communication policies mean many veb- surfing e-mail-sending spam-attracting online-bill-paying, amazon-holiday shopping im-chatting ivip3-downloading, ~ecurity-breachingrank file-will accept intru- sive oversight though apply only public com- panies moment it's quite possible oon extend academic nonprofit organizations. strip away thickets jargon becomes december ieee spectrum int