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The Sarbanes-Oxley Act explained: Definition, purpose, and provisions

The Sarbanes-Oxley Act is a U.S. law to protect investors by preventing fraudulent accounting and financial practices at publicly traded companies. It was passed in 2002 in the wake of a series of corporate scandals and the bursting of the dot-com bubble. The law aims to improve corporate behavior by making sure companies produce and retain accurate data about their own finances. For IT, that means huge amounts of corporate data has to be kept meticulously accurate and absolutely safe from both internal and external threats.”]

Source: https://www.csoonline.com/article/3598292/the-sarbanes-oxley-act-explained-definition-purpose-and-provisions.html

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