Reaching SOX Compliance with Privileged Access Management
SOX requires that all publicly traded companies implement and affirm a framework of internal controls to support accountability and integrity of the financial reporting process. Executive management and all key financial reporting processes, which include the IT environment, are subject to SOX compliance requirements.
Non-compliance with the Sarbanes-Oxley Act (SOX) may result in financial penalties, potential prison sentences, and possibly the forfeiture of any bonuses or incentives for Senior Management.
This whitepaper explains how Privileged Access Management (PAM) solution like the WALLIX Bastion can help you responds to SOX requirements, thanks to:
- Session recording
- IT system monitoring
- Password management
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