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Roundtable
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What is the single most challenging Sarbanes-Oxley issue today?
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Peter Watkins
CEO
Elemental Security
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Many consider Sarbanes-Oxley to be a series of processes that need to produce a certain state of compliance at a given point in time - that is, at the time of an audit.
However, meeting SOX requirements is not simply satisfying compliance efforts once. It requires maintaining a high level of integrity and compliance on an on-going basis. Few organizations have adequately addressed these on-going requirements for SOX and most are unprepared to do so.
Processes currently used to meet SOX requirements are usually tied to meeting one-time audit goals and are too unwieldy and expensive to be used on a continuous basis. Organizations have to adopt much more efficient processes to provide easy, timely access to relevant compliance information, and to also measurably improve compliance around their security and regulatory needs."
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