Re: Does the Sarbanes-Oxley Act apply to Higher Ed too?

[Melissa Guenther <mguenther () COX NET>]

Interesting article relating to just this

http://www.pwcglobal.com/extweb/newcolth.nsf/docid/08F02B1B23D455E385256C9C00679322
----- Original Message -----
From: "Clyde Hoadley" <hoadleyc () MSCD EDU>
To: <SECURITY () LISTSERV EDUCAUSE EDU>
Sent: Monday, September 29, 2003 8:50 AM
Subject: [SECURITY] Does the Sarbanes-Oxley Act apply to Higher Ed too?


> I know several institutions of Higher Education were taken off guard by
> Gramm-Leach-Bliley.  Does the Sarbanes-Oxley Act apply to Higher Ed too?
> If so, how?
>
>    Title: Security and Sarbanes-Oxley
>     Source:   SearchSecurity
>     Date Written:  September 25, 2003
>     Date Collected: September 26, 2003
> The Sarbanes-Oxley Act, which was signed into law by President Bush on
July
> 30, 2002 and will take effect in 2004 and 2005, was meant to deal with a
> variety of corporate governance issues, making upper management
accountable
> for a company's actions. A by-product of the Act may be to involve senior
> management in information security. Under the Act, CEOs and CFOs are
mandated
> to attest that their companies have proper "internal controls" in place.
> Internal controls are widely interpreted to include adequate data and
network
> security, thereby forcing senior executives to sign off on IT security
issues.
> Security product vendors view the Act as an opportunity to sell their
wares,
> but no single product currently exists that guarantees compliance. In the
long
> term, the Act may help improve security, testing and awareness.
http://searchsecurity.techtarget.com/originalContent/0,289142,sid14_gci929451,00.html
> --
> Clyde Hoadley
> Security & Disaster Recovery Coordinator
> Division of Information Technology
> Metropolitan State College of Denver
> hoadleyc () mscd edu
> http://clem.mscd.edu/~hoadleyc/
> (303) 556-5074
>
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