Scenario: Your organization is required to comply with the Sarbanes-Oxley Act (SOX) for financial reporting. During the compliance testing process, you discover that critical financial data is susceptible to unauthorized modifications. What measures should you implement to enhance data integrity and SOX compliance?

  • Delete the critical financial data to avoid non-compliance with SOX regulations.
  • Encrypt the critical financial data to prevent unauthorized access and modifications.
  • Implement strict access controls and audit trails to track changes made to critical financial data.
  • Share the critical financial data with all employees to ensure transparency and accountability.
SOX compliance requires organizations to ensure the integrity and accuracy of financial data. Implementing strict access controls and audit trails helps to track changes made to critical financial data, identify unauthorized modifications, and maintain data integrity. By monitoring and recording all access and modifications, organizations can demonstrate compliance with SOX requirements and mitigate the risk of financial fraud or errors.
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