Does the Sarbanes-Oxley Act apply to Higher Ed too?

[Clyde Hoadley <hoadleyc () MSCD EDU>]

I know several institutions of Higher Education were taken off guard by
Gramm-Leach-Bliley.  Does the Sarbanes-Oxley Act apply to Higher Ed too?
If so, how?

  Title: Security and Sarbanes-Oxley
   Source:   SearchSecurity
   Date Written:  September 25, 2003
   Date Collected: September 26, 2003
The Sarbanes-Oxley Act, which was signed into law by President Bush on July
30, 2002 and will take effect in 2004 and 2005, was meant to deal with a
variety of corporate governance issues, making upper management accountable
for a company's actions. A by-product of the Act may be to involve senior
management in information security. Under the Act, CEOs and CFOs are mandated
to attest that their companies have proper "internal controls" in place.
Internal controls are widely interpreted to include adequate data and network
security, thereby forcing senior executives to sign off on IT security issues.
Security product vendors view the Act as an opportunity to sell their wares,
but no single product currently exists that guarantees compliance. In the long
term, the Act may help improve security, testing and awareness.

http://searchsecurity.techtarget.com/originalContent/0,289142,sid14_gci929451,00.html



--
Clyde Hoadley
Security & Disaster Recovery Coordinator
Division of Information Technology
Metropolitan State College of Denver
hoadleyc () mscd edu
http://clem.mscd.edu/~hoadleyc/
(303) 556-5074

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