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.
What is the Sarbanes-Oxley Act (SOX)?
Key takeaways
The updated SOX framework includes cybersecurity controls for financial services.- SOX compliance is mandatory for all public companies that process transactions.
- Implementing a NIST Cybersecurity Framework (CSF) could support SOX compliance.
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