Sarbanes-Oxley: A Call to Arms for IT Leaders

Sarbanes-Oxley (SOX) holds only the CFO and CEO accountable for failure to meet compliance goals. As a result, CIOs have been largely sidelined in compliance initiatives. A recent survey found that 46% of SOX steering committees did not include an IT professional in the planning process. The survey results also showed that IT leaders are more likely to be held liable in the event of a compliance failure than any other C-level executive, regardless of the organization’s position along the IT maturity scale.