What is the Sarbanes-Oxley Act (SOX)?

The Sarbanes-Oxley (SOX) act of 2002 is a regulation that mandates financial practices to prevent fraud. 

The SOX framework has evolved to now include cybersecurity standards to protect the private data of financial entities.

Key takeaways

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    The updated SOX framework includes cybersecurity controls for financial services.
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    SOX compliance is mandatory for all public companies that process transactions.
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    Implementing a NIST Cybersecurity Framework (CSF) could support SOX compliance.
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