What information security law or standard aims at protecting stakeholders and the general public from accounting errors and fraudulent activities within organizations?
Answer: C (SOX)
The Sarbanes-Oxley Act (SOX), enacted in 2002 in the United States, is a federal law aimed at:
• Protecting stakeholders, investors, and the public
• Preventing accounting fraud, financial misreporting, and corporate misconduct
• Enforcing transparency and internal controls in financial reporting
SOX is primarily about financial accountability, but it has information security implications, such as:
• Requiring secure storage of financial records
• Ensuring data integrity
• Monitoring and logging access to financial systems
• Supporting auditability and traceability
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NikoTomas
1 month, 2 weeks ago