The Sarbanes-Oxley (SOX) Act is a milestone data compliance and disclosure law designed to protect investors by improving the accuracy and reliability of corporate disclosures and making corporate board members, managers, and accounting firms liable for the accuracy of their financial statements. IT plays a significant role in corporate compliance with the regulatory policies established by SOX, since related financial reports come from data housed on corporate systems and must be secured and maintained in a safe environment.

Source: Datamation