We are thrilled to announce the launch of our comprehensive support for SOX ITGC, the essential set of IT controls integral to achieving compliance with the Sarbanes-Oxley Act. 

By implementing SOX ITGC, organizations can enhance financial transparency and accountability by bolstering the reliability and integrity of financial reporting through robust information technology practices. Organizations can not only meet rigorous regulatory requirements but also fortify their financial systems against risks, ensuring continuous compliance and safeguarding shareholder interests. 

What is SOX and SOX ITGC?

Sarbanes-Oxley Act (SOX) is a United States federal law that aims to protect investors by improving the accuracy and reliability of corporate disclosures in financial reporting. Given the integral role that Information Technology (IT) systems play in the management and reporting of financial data, Information Technology General Controls (ITGC) stand as a key pillar of SOX compliance. These controls ensure that IT systems and data are accurate, secure, and reliable, and that they uphold the integrity of the financial information produced by organizations. 

Consequently, robust ITGC implementation helps prevent and detect errors and fraud in financial reporting, thereby strengthening investor confidence and ensuring compliance with SOX regulations.

Who is SOX ITGC for and what is the scope?

SOX ITGC is applicable to any publicly traded company in the United States or any company looking to become a publicly traded company in the United States. The scope of SOX ITGC covers financial systems and aspects of IT that could impact the financial reporting of a company. 

How Secureframe helps

Secureframe helps customers achieve compliance by providing the tools necessary to manage your SOX ITGC compliance program. Through its 200+ integrations to your existing tech stack, Secureframe automates evidence collection against specific controls mandated by SOX ITGC. Secureframe Policy Management offers policy and process templates, developed and verified by in-house experts and former auditors, tailored to the specifics of SOX ITGC. You can also choose to create customized policies that align with your organizational objectives. Once policies are established, effortlessly publish them for employee review and acceptance.

Through continuous monitoring, Secureframe provides real-time alerts of failing controls, ensuring your systems consistently adhere to the requirements and controls associated with SOX ITGC. Additionally, Secureframe’s robust Third Party Risk Management features simplify identifying and managing vendor risks that might impact your financial systems' compliance with SOX ITGC. 

To learn more about Secureframe or any of the frameworks we support, reach out to schedule a demo with one of our compliance experts.