Exam 312-50v12 topic 1 question 55 discussion

A. SOX Explanation: The law described in the scenario is the Sarbanes-Oxley Act (SOX), which was passed by the U.S. Congress in 2002 in response to a series of high-profile corporate accounting scandals, including Enron, WorldCom, and Tyco. SOX was designed to improve the accuracy and accountability of corporate disclosures by imposing new requirements on publicly traded companies, accounting firms, and third parties that provide financial services to these organizations.

A. SOX

A. SOX -------------------------- A. SOX: Financial reporting and governance standards for publicly traded companies. B. FedRAMP: Security assessment and authorization program for cloud services. C. HIPAA: Standards for protecting sensitive patient health information. D. PCI DSS: Security standards for protecting payment card data.