How Sarbanes-Oxley Affects Corporate Email Systems

-link">compliance with Sarbanes-Oxley Section 404; they
The Sarbanes-Oxley Act of 2002 and associatedare also taking a giant step in the right direction with
rules adopted by the Securities and Exchangeregards to overall email security.
Commission (SEC) require certain businesses to reportEffective Email Controls
on the effectiveness of their internal controls overEmail has evolved into a business-critical application
financial reporting. Effective internal controls ensureunlike any other. Unfortunately, it is also one of the
information integrity by mandating the confidentiality,most exposed areas of a technology infrastructure.
privacy, availability, controlled access, monitoring andEnterprises must install a solution that actively enforces
reporting of corporate or customer financialpolicy, stops offending mail both inbound and outbound
information. Companies that must comply withand halts threats before internal controls are
Sarbanes-Oxley include U.S. public companies, foreigncompromised, as opposed to passively noting
filers in U.S. markets and privately held companies withviolations as they occur.An effective email security
public debt. U.S. companies with market cap greatersolution must address all aspects of controlling access
than $75M and on an accelerated (2004) filing deadlineto electronically stored company financial information.
are required to comply for fiscal years ending on orThis includes access during transport as well as
after Nov. 15, 2004. All others are required to complyaccess to static information resident at the company
for fiscal years ending on or after April 15, 2005.or on a remote site or machine. Given the wide
The role of email in Sarbanes-Oxley compliancefunctionality of email, as well as the broad spectrum of
cannot be overstated. At a high level, email is thethreats that face email systems, ensuring appropriate
primary internal and external communication tool forinformation access control for all of these points
corporations. However, a more granular inspection ofrequires:
email’s role, especially as pertaining to corporate- A capable policy enforcement mechanism to set
information security, reveals that it can make or breakrules in accordance with each company’s
a company’s efforts to comply withsystems of internal controls;
Sarbanes-Oxley. Email systems are critical to ensuring- Encryption capabilities to ensure privacy and
effective internal control over financial reporting,confidentiality through secure and authenticated
encryption of external messages and active policytransport and delivery of email messages;
enforcement, all essential elements of compliance.- Secure remote access to enable remote access for
Complying with Sarbanes-Oxleyauthorized users while preventing access from
The changes required to ensure Sarbanes-Oxleyunauthorized users;
compliance reach across nearly all areas of a- Anti-spam and anti-phishing technology to prevent
corporation. In fact, Gartner Research went so far asmalicious code from entering a machine and to
to call the Act “the most sweeping legislation toprevent private information from being provided to
affect publicly traded companies since the reformsunauthorized parties
during the Great Depression.” Since the bulk ofFor years, corporations addressed their various email
information in most companies is created, stored,security needs through a mixture of third-party
transmitted and maintained electronically, one couldsoftware “solutions” designed to address specific
logically conclude that IT shoulders a lion’s shareareas of vulnerability. Today, however, this approach is
of the responsibility for Sarbanes-Oxley compliance.ineffective. New amorphous threats adapt to even the
Enterprise IT departments are responsible for ensuringlatest security technology, helping hackers and
that sound practices, including corporate-widespammers stay a step ahead of most stand-alone
information security policies and enforcedprotective measures. System administrators remain in
implementation of those policies, are in place fora reactionary mode, waiting for the next attack and
employees at all levels. Information security policieshoping their mixed bag of security software is up to
should govern:the test. The new challenges posed to email security
- Network securitydemand a new approach that protects enterprises
- Access controlsfrom all types of malicious attacks. Enter
- AuthenticationCipherTrust’s IronMail.
- EncryptionIronMail and Sarbanes-Oxley
- LoggingCipherTrust’s IronMail has been created to
- Monitoring and alertingprotect organizations from both known and unknown
- Pre-planning coordinated incident responseemail security attacks. IronMail offers automatic or
- Forensicsmanual updates to protect against both known and
These components enable information integrity andnewly discovered email security threats and
data retention, while enabling IT audits and businessvulnerabilities, and the comprehensive messaging
continuity.In order to comply with Sarbanes-Oxley,security provided by IronMail assists organizations in
companies must be able to show conclusively that:key areas of maintaining effective internal controls.
- They have reviewed quarterly & annual financialSpecific financial information threats and vulnerabilities
reports;protected by IronMail include:
- The information is complete and accurate;- Viruses, worms, and other malicious code
- Effective disclosure controls and procedures are in- Internal users and external hackers attacking email
place and maintained to ensure that materialsystems
information about the company is made known to- System failures from malicious attacks that can lead
them.to subsequent legal liabilities
Sarbanes-Oxley Section 404- Unintentional or malicious information access or
This section regulates enforcement of internal controls.exposure
Management must show that it has established anIronMail provides a comprehensive solution to the
effective internal control structure and procedures forSarbanes-Oxley information integrity requirements as
accurate and complete financial reporting. In addition,they relate to protecting corporate financial information
the company must produce documented evidence ofthat is transmitted and stored via email. Everything
an annual assessment of the internal controlfrom message privacy/encryption to email firewall and
structure’s effectiveness, validated by aintrusion protection to content filtering is included in the
registered public accounting firm. By instituting effectiveIronMail solution.
email controls, organizations are not only ensuring