The Sarbanes-Oxley Act, commonly referred to as “SOX”, was enacted in 2002 as a response to Enron and the Enron-like financial scandals of the time.  I’m in the enviable position of (1) being an ex-accountant and auditor, and (2) selling software that among other things is used to track compliance with SOX, which gives me some perspective on the impact SOX has had on companies.
Without getting into the boring details, SOX can (and has) be generalized as forcing companies to document their risks (i.e. “what can go wrong”) and ensure …