RiskWatch New Version
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Software to help with compliance is still moving forward. RiskWatch has released a new version of its Information Systems sutie. The new release includes Sarbanes-Oxley Act self-assessment compliance surveys and reports. RiskWatch for Information Systems and ISO 17799 includes the full set of SOX Section 404 guidance and requirements. Section 404 of course centres heavily on the internal controls of over financial reporting. "Using the RiskWatch software to do self-assessments prior to auditors coming in for full audits lessens the burden on smaller firms because it not only makes them more familiar with the Section 404 provisions, but it allows them to self-assess and then correct any identified deficiencies before their formal audit," said Gary Swindon, a management expert and member of the ISACA CISM (Certified Information Security Manager) Board of Directors. RiskWatch are aiming at the small company sector. They cite studies showing that small companies made it harder to conduct business.
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