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Are fraudsters hiding in your SOX

Are fraudsters hiding in your SOX

by Rick Turoczy on March 8, 2005

The complex and copious amounts of data being stored on corporate networks post-Sarbanes-Oxley may actually be creating greater opportunities for fraud – even though the law was a reaction to the huge corporate frauds which rocked Enron and WorldCom. And data “gluttony”, as one analyst branded it, may be setting companies up for a fall further on down the line.

Peter Dorrington, head of fraud solutions at SAS, told companies are blindly storing vast amounts of data while giving little thought to what is actually being stored.

“There is just a lot of storage going on,” said Dorrington. “But there is no interpretation of that data.”

Are fraudsters hiding in your SOX

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