SOX

Pathlock Introduces the First SAP Cybersecurity Platform Designed to Protect Business Data from Breaches and Exploitation

Retrieved on: 
Tuesday, March 5, 2024

DALLAS, March 5, 2024 /PRNewswire/ -- Pathlock, the leading provider of identity and application access governance, today announced the launch and general availability of its SAP application and data security product suite, Cybersecurity Application Controls (CAC). The release is part of Pathlock's vision to help SAP customers establish a Zero-Risk approach to identity and application access by implementing strong controls and monitoring effectiveness across the multiple layers of an SAP system.

Key Points: 
  • Cybersecurity Application Controls (CAC) designed to help SAP customers comply with regulations like SOX, ITAR, SEC Cybersecurity Disclosure, CCPA, GDPR, and more.
  • DALLAS, March 5, 2024 /PRNewswire/ -- Pathlock , the leading provider of identity and application access governance, today announced the launch and general availability of its SAP application and data security product suite, Cybersecurity Application Controls (CAC).
  • Pathlock CAC is designed to give SAP customers granular control and visibility around external and internal security threats, especially those that include data breaches, exfiltration, or general exploitation of sensitive business data.
  • More than ever, an organization's cybersecurity strategy must focus on the protection of sensitive data – not just the infrastructure.

NetSuite Named a Leader in IDC MarketScape Report for Midmarket Finance and Accounting Applications

Retrieved on: 
Tuesday, February 13, 2024

AUSTIN, Texas, Feb. 13, 2024 /PRNewswire/ -- Oracle NetSuite today announced NetSuite has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Midmarket Finance and Accounting Applications 2023–2024 Vendor Assessment (doc #US51405023, December 2023) for its two pronged approach to industries and industry specialization. A complimentary copy of the excerpt is available here.

Key Points: 
  • AUSTIN, Texas, Feb. 13, 2024 /PRNewswire/ -- Oracle NetSuite today announced NetSuite has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Midmarket Finance and Accounting Applications 2023–2024 Vendor Assessment (doc #US51405023, December 2023) for its two pronged approach to industries and industry specialization.
  • The IDC MarketScape report analyzed the functional capabilities and go-to-market strategies of finance and accounting application vendors.
  • "NetSuite is a Leader in the midmarket finance and accounting applications IDC MarketScape.
  • In addition to this report, NetSuite was also recognized as a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Small Business Finance and Accounting Applications 2023–2024 Vendor Assessment (doc #US48041222, December 2023).

Supreme Court Upholds Corporate Whistleblower Protections in Landmark Ruling

Retrieved on: 
Thursday, February 8, 2024

The decision in the case, Murray v. UBS Securities, LLC, has immense implications for a number of whistleblower protection laws .

Key Points: 
  • The decision in the case, Murray v. UBS Securities, LLC, has immense implications for a number of whistleblower protection laws .
  • "This is a major win for whistleblowers and thus a huge win for corporate accountability," said leading whistleblower attorney David Colapinto , a founding partner of Kohn, Kohn & Colapinto .
  • "A ruling in favor of UBS would have overturned more than 20 years of precedent in SOX whistleblower cases and made it exceedingly more difficult for whistleblowers who claim retaliation under many similarly worded federal whistleblower statutes," Colapinto continued.
  • This Court cannot override that policy choice by giving employers more protection than the statute itself provides."

K2 Integrity Launches Internal Audit Practice

Retrieved on: 
Thursday, February 8, 2024

The practice leverages K2 Integrity's extensive background in verification and assurance, guided by top professionals in accounting and finance who possess extensive experience in providing internal audit services to the private sector.

Key Points: 
  • The practice leverages K2 Integrity's extensive background in verification and assurance, guided by top professionals in accounting and finance who possess extensive experience in providing internal audit services to the private sector.
  • K2 Integrity's experts include former audit and SOX executives, regulators, policy makers, compliance officers, chief financial officers, former prosecutors, technologists, and cybersecurity experts.
  • K2 Integrity's Internal Audit practice offers clients direct access to its comprehensive suite of services.
  • These include internal audit outsourcing; internal audit co-sourcing; SOX compliance, internal controls, and IPO and M&A readiness; financial and technical accounting advisory services; design and implementation of "fit for purpose" transformation roadmaps; agile auditing; point-in-time and ongoing strategic advisory services; external quality assessments (EQAs) and quality assurance improvement program (QAIP) services; IT internal audit and SOX advisory services; and fraud assessment and remediation.

K2 Integrity Launches Internal Audit Practice

Retrieved on: 
Thursday, February 8, 2024

The practice leverages K2 Integrity's extensive background in verification and assurance, guided by top professionals in accounting and finance who possess extensive experience in providing internal audit services to the private sector.

Key Points: 
  • The practice leverages K2 Integrity's extensive background in verification and assurance, guided by top professionals in accounting and finance who possess extensive experience in providing internal audit services to the private sector.
  • K2 Integrity's experts include former audit and SOX executives, regulators, policy makers, compliance officers, chief financial officers, former prosecutors, technologists, and cybersecurity experts.
  • K2 Integrity's Internal Audit practice offers clients direct access to its comprehensive suite of services.
  • These include internal audit outsourcing; internal audit co-sourcing; SOX compliance, internal controls, and IPO and M&A readiness; financial and technical accounting advisory services; design and implementation of "fit for purpose" transformation roadmaps; agile auditing; point-in-time and ongoing strategic advisory services; external quality assessments (EQAs) and quality assurance improvement program (QAIP) services; IT internal audit and SOX advisory services; and fraud assessment and remediation.

COSO Names Chair Lucia Wind as its first Executive Director

Retrieved on: 
Wednesday, February 7, 2024

NEW YORK, Feb. 7, 2024 /PRNewswire/ -- The Executive Board of the Committee of Sponsoring Organizations of the Treadway Commission (COSO) announced today that COSO Chair Lucia M. Wind has been named as COSO's first-ever full-time Chair and Executive Director, effective December 1, 2023.

Key Points: 
  • First-of-its-kind position reinforces board's commitment to enhance COSO; expand significance for future generations of business professionals
    NEW YORK, Feb. 7, 2024 /PRNewswire/ -- The Executive Board of the Committee of Sponsoring Organizations of the Treadway Commission ( COSO ) announced today that COSO Chair Lucia M. Wind has been named as COSO's first-ever full-time Chair and Executive Director, effective December 1, 2023.
  • Serving as COSO's Chair and Executive Director, Wind will expand on her role leading COSO in fulfilling its mission and - elevating COSO as the authority to help organizations drive improvements across the Committee's key areas of focus.
  • This first-of-its-kind role in COSO solidifies the importance COSO's Executive Board has placed on dedicating resources to taking COSO to the next level and elevating its importance for the future of business.
  • "Lucia has already made great strides for COSO, bringing our mission to life through her deep knowledge, transformative spirit, and forward-thinking vision for the organization," said Doug Prawitt, Ph.D., CPA., Lead Director of COSO.

Kanguru Expands Its Encrypted & Non-Encrypted Data Storage Line with New 512GB High-Capacity USB Flash Drives

Retrieved on: 
Tuesday, January 30, 2024

Fast data transfers allow quick access and copying of files from one device to another, and is much safer and reliable than online transfers.

Key Points: 
  • Fast data transfers allow quick access and copying of files from one device to another, and is much safer and reliable than online transfers.
  • For Defender encrypted drives it also assists organizations in meeting complex security policies and compliance requirements while meeting GDPR, HIPAA, SOX, GLBA and more.
  • If you have any questions about these or any other Kanguru products, please contact Kanguru at 1-(508)-376-4245 or email the sales team at [email protected] .
  • Kanguru is a global leader providing best-in-class, secure portable storage solutions, for enterprise, businesses, organizations and consumers with easy-to-use, secure IT products, duplication products and data storage for over 30 years.

Enfusion Elevates Valeria Gutowski to Chief Accounting Officer

Retrieved on: 
Thursday, January 18, 2024

Enfusion, Inc. (“Enfusion”) (NYSE: ENFN), a leading provider of cloud-native software-as-a-service (SaaS) solutions for investment managers, today announced the internal executive promotion of Valeria Gutowski to the role of Chief Accounting Officer, effective January 15, 2024.

Key Points: 
  • Enfusion, Inc. (“Enfusion”) (NYSE: ENFN), a leading provider of cloud-native software-as-a-service (SaaS) solutions for investment managers, today announced the internal executive promotion of Valeria Gutowski to the role of Chief Accounting Officer, effective January 15, 2024.
  • As Chief Accounting Officer, Ms. Gutowski will be responsible for ensuring timely and accurate financial reporting, oversight of SOX 404 compliance, tax, and development and deployment of accounting practices that align with enterprise-wide business strategies.
  • Prior to assuming the role of Chief Accounting Officer, Ms. Gutowski served as Enfusion’s Controller beginning in March of 2022.
  • “We are thrilled to announce the promotion of Valeria to Chief Accounting Officer, as she has been instrumental in helping Enfusion evolve into its next chapter as a public company,” said Brad Herring, Enfusion’s Chief Financial Officer.

Trustmi Launches Advanced SOX Compliance Solution

Retrieved on: 
Wednesday, January 24, 2024

NEW YORK, Jan. 24, 2024 /PRNewswire/ -- Trustmi, the leader in business payment security, today launched its Sarbanes-Oxley (SOX) Compliance solution for business payments. This AI-powered solution empowers organizations to take a proactive, automated approach to compliance audits, enforcing business controls in real-time across the entire payment flow.

Key Points: 
  • NEW YORK, Jan. 24, 2024 /PRNewswire/ -- Trustmi , the leader in business payment security, today launched its Sarbanes-Oxley (SOX) Compliance solution for business payments.
  • "Our SOX Compliance solution provides complete visibility, continuous monitoring, and reporting, which eliminates manual, point-in-time audits.
  • By leveraging the Trustmi platform's AI, the SOX Compliance solution establishes a payment and approval flow process baseline.
  • "Through automation, Trustmi's SOX Compliance solution streamlines compliance requirements in existing processes, starting with the vendor onboarding through to the payment," said Eli Ben Nun, CTO and co-founder of Trustmi.

Privileged Access Management Software Market Size to Grow USD 7.7 Billion by 2028 at a CAGR of 21.5% | Valuates Reports

Retrieved on: 
Thursday, January 18, 2024

The Global Privileged Access Management Software Market size is projected to grow from USD 2.9 Billion in 2023 to USD 7.7 Billion by 2028 at a CAGR of 21.5% during the forecast period.

Key Points: 
  • The Global Privileged Access Management Software Market size is projected to grow from USD 2.9 Billion in 2023 to USD 7.7 Billion by 2028 at a CAGR of 21.5% during the forecast period.
  • A major factor driving the market for Privileged Access Management (PAM) is the increasing frequency and sophistication of cybersecurity attacks.
  • PAM simplifies the process of safeguarding access in complicated IT environments by offering a consistent and all-encompassing solution to privileged access management.
  • The market is growing because of the combination of Identity and Access Management (IAM) solutions with Privileged Access Management.