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Rayovac’s IT team discusses network security, Sarbanes-Oxley and ROI myths

Rayovac’s IT team discusses network security, Sarbanes-Oxley and ROI myths

by Rick Turoczy on October 25, 2004

Ben Bradley recently sat down for a chat with network engineer Mike Gutknecht; Brent Leland, director of business IT; and Rick Dempsey, CIO for Rayovac, to discuss the effect of Sarbanes-Oxley on IT processes, myths about ROI justification and the unanticipated benefit of Sarbanes-Oxley to IT budgets.

Ben Bradley: What is Sarbanes-Oxley?

Rick Dempsey: Section 404 of Sarbanes-Oxley (SOX) says that firms listed on U.S. stock markets must provide annual disclosures and quarterly updates to shareholders on the effectiveness of their internal controls. The executive office must see the details behind reported financial information and must know in real-time of any changes to business performance. In other words, if you aren’t secure, your controls are not effective.

Rayovac’s IT team discusses network security, Sarbanes-Oxley and ROI myths

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