Sarbanes-Oxley

The Sarbanes-Oxley Act of 2002 revamped the processes and accountability for financial reporting in US-listed companies and made corporate executives explicitly responsible for the effectiveness of internal controls over financial and operational processes. While the majority of the financial reporting processes take place in back-office systems, much of the work continues to be ad-hoc and is done using standard desktop applications such as spreadsheets and memos.

SOX Section 404

Section 404 of the Sox act explicitly states that US-listed companies must establish and maintain internal control mechanisms that ensure financial reporting processes comply with the law. Compliance with section 404 of Sarbanes-Oxley, requires companies to:

• Expire access to spreadsheets with errors.
• Protect data from access and modification by unauthorized users.
• Track actions on data as it crosses application and organizational boundaries.
  

SOX Compliance: Expire, Secure, and Track Files with Biscom

Biscom Delivery Server offers public companies an easy-to-use and administer secure file delivery solution that integrates directly with a user's email client to ensure proper, consistent use. BDS enables SOX compliance by:

• Encrypting documents and files at rest and in transit.
• Implementing policies that prevent un-authorized personnel from accessing improper documents and files.
• Expiring access to documents and files as defined by compliance officers and auditors.
• Providing detailed logs and audit trails of content access, authorization, and usage.
• Supporting regulatory compliance behaviors without changing the way users work.