openPR Logo
Press release

How can your business use SOX tools to demonstrate SOX Compliance?

05-01-2021 11:36 AM CET | IT, New Media & Software

Press release from: NSKT Global

How can your business use SOX tools to demonstrate SOX Compliance?

How can your business use SOX tools to demonstrate SOX Compliance?

The Sarbanes-Oxley (SOX) Act was passed in 2002 which forced enterprises to implement protection to help fight the frauds and errors happening in the public as well as private companies. In order to comply with the Act, several companies started following SOX tools and software to manage regulatory obligations and prepare for audits. Given below are some of the best tools used by businesses to demonstrate SOX Compliance:

SolarWinds Security Event Manager- It is a log management tool that monitors the log collected in real-time through a single Graphic User Interface. The software can be used to demonstrate SOX compliance by creating a trail of audit networks with the help of real-time event correlation. Real-time event correlation enables the user to detect suspicious or anomalous events happening in the organization that could lead to data theft. The tool also helps to create a record of SOX Compliance with the help of automated reports that come with the Scheduling of these reports. It provided the user with periodic updates on the status of compliance.
RSA Archer- RSA Archer is an eGRC compliance management platform that helps the users to comply with sections 302 and 404 of SOX Compliance, J-SOX, Gramm-Leach Bliley, and more. It allows the user to create a repository that is central in nature to manage all the regulatory feeds and also helps you to monitor changes in regulations along with a review and approval process so that the tracking of changes becomes easy. It is an ideal tool for all those enterprises who want to stay updated on all the regulatory changes. The tool uses machine learning and natural language processing to assess the enterprise maps. The tool also helps in creating reports that measure the success of the controls throughout the company.

Read the complete List here
https://www.nsktglobal.com/how-can-your-business-use-sox-tools-to-demonstrate-sox-compliance-

LogicManager- With this SOX compliance solution comes to a risk control framework that can be used to manage the compliance strategy of the company. This platform also contains a to-do list that can be used to record and check tasks that need to be completed in order to protect the data of the company. LogicManager provides help to testing controls by allowing the use of automated tasks and notifications to notify employees about any kind of issue found in testing so they can be quickly corrected.
ManageEngine EventLog Analyzer- This tool is a log management software solution that enables you to prepare for SOX compliance. This platform comes with various pre-made SOX compliant reports including User Logon and Logoff, Logon Failure, Audit Log Access, Object Access, System Events, and more. For example, the User Logon and Logoff report allow you to view successful and unsuccessful logins and logoffs, which helps you in detecting malicious activity. ManageEngine EventLog Analyzer provides file integrity monitoring services that help in protecting files against fraud. This tool also alerts through notifications sent on email or SMS, if any kind of anomalous behavior is detected in the files.
Endpoint Protector- It is a tool that helps in the prevention of data loss and protection of endpoints. It also works as a compliance management software that is being used to meet the requirements of SOX compliance. This tool allows an enterprise to set policies that determine when files can be transferred and when the unauthorized transfer of files can be stopped. In order to reduce the risk of data breaches, one can only configure the authorization of file transfer to encrypted devices. This software can also be used to scan confidential data located on devices.

Become one of our subscribers and read these blogs as soon as they are live
https://www.nsktglobal.com/subscribe-us.php

If you are part of a private organization, you should understand that SOX compliance is not just a regulation imposed forcefully by the government but is also a necessity to get a competitive advantage among the competitors in the market. Implementing processes that protect your customer’s data and becoming SOX compliant shows that you take data protection seriously. At NSKT Global, we provide consultation on SOX Compliance along with the implementation of SOX tools with the help of SOX experts. We provide cost-effective services to our customers which can be affordable to all who are in need of SOX Compliance services.

NSKT Global (USA Office)
1564 Market Place Blvd Suite 400 PMB 328
Ocean Isle Beach, NC 28469
Email:- usoffice@nsktglobal.com
Phn:- 888 701 675
888 701 NSKT
https://www.nsktglobal.com/usa

NSKT Global (UAE Office)
Level 14, Boulevard Plaza Tower 1,
Downtown, Dubai, UAE PO 334155
Phn +971 44 394 263
Whatsapp +971 55 171 2487
Email:- uae@nsktglobal.com
https://nsktglobal.com/uae

At NSKT Global we provides the complete range of advisory services to the SMEs as well as to the established businesses. Dealing in the industry for over 10 years. In countries across globe Namely UAE, USA and India.
contact us
https://www.nsktglobal.com/contact-us.php

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release How can your business use SOX tools to demonstrate SOX Compliance? here

News-ID: 2278414 • Views:

More Releases from NSKT Global

Top Business Tax Deductions in 2022
Top Business Tax Deductions in 2022
Small businesses usually function on a very tight budget, and saving on business tax services is one of the topmost priorities of small businesses worldwide, irrespective of their industry. Learning about all the possible deductions and income tax savings made available by the IRS to support the growth of small businesses is crucial. The eligibility criteria for these deductions depend on the business category. The business can fall into categories
Is there a first-time homebuyer tax credit available for 2022?
Is there a first-time homebuyer tax credit available for 2022?
The Internal Revenue System has made several attempts to help taxpayers enhance their spending capacity by providing credits and deductions for specific transactions. The first-time homebuyer credit is one such bill, which was proposed in April 2018. This bill is yet to be passed. However, this bill changes the IRS's current tax code and entitles taxpayers about to buy a home for the first time with a $15,000 federal tax
A Guide on How Capital Gains are Taxed for 2022
A Guide on How Capital Gains are Taxed for 2022
What is capital gain tax? If you have sold a property that you were previously the owner of, or if you've cashed out on an investment made by you and have made a profit from the transfer of capital, you are required to pay capital gain tax. Capital gain tax refers to the levy on the profit made by an investor upon the sale of an asset, including shares, bonds, businesses,
Will I Get More Tax Refunds in 2023?
Will I Get More Tax Refunds in 2023?
Taxpayers are wondering if they are entitled to similar tax refunds as in previous years, as the tax refunds for 2021 and 2022 were considerably higher than usual. Steps were taken by the IRS and the government to help tax preparer near me deal with the economic impact of the Covid-19 outbreak. The total amount of tax return was increased substantially for the taxes of FY 2021, owing to factors

All 5 Releases


More Releases for SOX

Hybrid SOx Scrubber Systems Market Future Development, Regional Demands and Comp …
The Hybrid SOx Scrubber Systems research report deals with various market aspects and factors and provides the relevant and authentic market information. It shows the growth trends and future opportunities in every region. It delivers a complete analysis of the key segments of the market with the help of charts and tables. The data included in the report is verified through all the liable sources such as Newspapers, Magazines,
Why SOX Compliance Programs needed for Private Businesses?
Sarbanes-Oxley Act of 2002 (SOX) was introduced in the USA to protect the general public and shareholders from fraudulent practices and accounting errors which was going on in several enterprises, and to improve the accuracy of corporate disclosures. The act sets deadlines for compliance and publishes rules on requirements of compliance in the business sector. But it has been completely misunderstood that the auditing and financial regulations of the SOX
How does SOX Services help companies in the USA?
Compliance with SOX is not only a legal obligation but also a successful business practice. Companies should, of course, act ethically and restrict access to internal financial systems. But the implementation of SOX financial security controls has the side advantage of also helping to protect the company through insider threat or a cyber attack against data theft. SOX compliance can encompass many of the same practices as any initiative for
Global SOx Control Systems Market to Witness a Pronounce Growth During 2025
LP INFORMATION recently released a research report on the SOx Control Systems analysis, which studies the Electrical Cord Reels's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global “SOx Control Systems 2020-2025” Research Report categorizes the global SOx Control Systems by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share,
VISIBILITY.net ERP Keeps its SOX Up
VISIBILITY.net ERP Stays Current with Features Built to Support Sarbanes-Oxley Compliancy ANDOVER, MA – June 10, 2010 – Visibility Corporation recently gathered a group of manufacturing company executives, financial officers, and compliancy auditors to review ERP software features needed to help companies remain compliant with Sarbanes-Oxley (SOX) Requirements. Jack Saint, Visibility Corporation’s President and Chief Operating Officer, chaired the meeting, held on June 8, as part of Visibility’s ongoing efforts to
Power Systems Company Selects MetricStream for SOX Compliance
MetricStream, Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced that a leading supplier of modular power components and complete power systems has selected the MetricStream solution for sustainable and cost-effective compliance including the Sarbanes-Oxley Act (SOX). The company offers power systems and modular power conversion components that are used in several high tech, industrial manufacturing and government markets. These systems and components