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Do We Need a Sarbanes-Oxley for The Internet?

An anonymous reader asks: "Since 2002, corporate executives have been held accountable through the Sarbanes-Oxley Act (SOX) for their own internal IT security (with heavy fines and even prison terms when SOX isn't complied with) despite the fact that this level of accountability doesn't exist for some critical elements of the internet. Is it high time for industry to collaborate on a stringent security doctrine to hold organizations accountable for operating, providing and commercializing Internet service, in effect a Sarbanes-Oxley Act for the Internet?"

54 comments

  1. Short answer by truthsearch · · Score: 5, Insightful

    NO!

    I spent 10 years in IT of the financial industry. The day SOX got passed everything went downhill. The problem is that it's more about accountability that actually doing things right. Now I can't blame the law for that. The law makes lots of sense. But the way companies handle it adds 100 times the overhead and even more technical problems. Entire systems are built so there's a "signiture" of approval and record of every little thing. People are so busy making others accountable (basically flowing both uphill and downhill) and no one takes accountability for their own actions and quality of work goes way down. What happens in the company is whatever intrisic trust there was between coworkers disappears. All the company wants and needs is the paper trail. Cost of the service goes up while quality goes down.

    So while we want some accountability, and IT version of SOX is not the way to go. There are other good reasons, but this is one I'm personally experienced with. It's among the reasons I left the financial industry 2 months ago.

    1. Re:Short answer by nigham · · Score: 1

      The way I see it, SOX is meant to ensure that companies don't screw each other over; or maybe screw shareholders over.

      Somehow, I doubt that a SOX for the Internet would ever make companies accountable to end users.

      --
      I don't want to read /. I want to go home and re-think my life.
    2. Re:Short answer by truthsearch · · Score: 4, Insightful

      The idea was to hold the right employees accountable when regulations or laws are broken within a company. It's a response to Enron and WorldCom.

      The problem with doing this with the internet is its built-in distribution of responsibilities across many companies. If I get a virus do we audit my ISP, the company that built the routers, the telecom company that owns the wiring, the source's ISP, the developer of the virus (who's rarely found), the developer of the OS, server admins?

      Within one company it's relatively easy to trace responsibility. Over the internet there would be many debates, very costly audits, and rarely prosecutions.

    3. Re:Short answer by Anonymous Coward · · Score: 1, Insightful

      The problem is that it's more about accountability that actually doing things right.

      The most eloquently stated description of SOX that I've come across yet!I would posit that this is a result of another observation you made:

      People are so busy making others accountable (basically flowing both uphill and downhill) and no one takes accountability for their own actions and quality of work goes way down

      No one can afford to be singly accountable for the work we do in corporate IT. If I unintentionally introduce a defect to a piece of software I maintain, am I responsible for it? Absolutely. Can I possibly be accountable for it? No way! I can't personally reimburse the company or its customers or its overseers for the consequences of an honest mistake. Shall I spend time in prison instead? No thanks, I think I'll find another line of work. As a result, the corporation has developed an accountability system so serpentine as to make it impossible to actually determine who's accountable. The corporate attention is so narrowly focused on maintaining the accountability machine that all other aspects of our work have gone downhill, including the quality of software.

      It's among the reasons I left the financial industry 2 months ago.

      Ironically, the financial institution I was with a year ago handled SOX compliance much, much more sanely than the retail organizaiton I work for now. Then again, that financial institution had a cultural ethos of "do the right thing" which made compliance a bit easier.

    4. Re:Short answer by TykeClone · · Score: 1
      NO!

      You misspelled "GOOD GOD NO!"

      --
      A fine is a tax you pay for doing wrong and a tax is a fine you pay for doing all right.
    5. Re:Short answer by Phillup · · Score: 0, Troll

      It's a response to Enron...

      If it doesn't stop GWB from giving Kenney Boy a pardon, it is a meaningless response to Enron.

      --

      --Phillip

      Can you say BIRTH TAX
    6. Re:Short answer by SuperBanana · · Score: 2, Insightful
      The problem is that it's more about accountability that actually doing things right.

      I worked for a company that had to follow Sarbanes-Oxley.

      We were required to force password changes every month or two.

      Except Mac users (at least half the company) didn't get a warning their password was about to be disabled, nor could they actually change their password, because Outlook and Microsoft's appletalk server don't allow you to change an active directory password.

      So every month or two, for two days, the phone would ring off the fucking hook with people whose email accounts didn't work. And, out of curiosity, since the phone system didn't have caller ID for external lines, guess what? Anyone could call up and request a password change, since there was no policy requiring us to a)look up the employee's # and call them back, or b)deny the request if we couldn't verify it. They could, of course, just claim to be traveling on business, in a hotel or with a client. If we DID do too much due dilligence, someone would scream about how much time we were taking to get their password to them.

      Way to go.

      Oh, and then there were the audits of the trouble-ticket database, where some pencil-pusher who knows nothing about the department goes through and critiques those.

      And then a few weeks later, you get to do it all over again, and then ONCE MORE, because you had two firms that did audits, and then a THIRD that came along and compared the first two. What a clusterfuck.

    7. Re:Short answer by Syberghost · · Score: 1

      Boo hoo, wah wah, we had to enforce good security policies, and we had crappy software that wasn't up to the task, and it made our job HARD.

      That's why they passed the law; because without it, some people don't want to do their jobs, and data gets pilfered because nobody has any consequences.

      It was a pain in the ass here, too; but it finally allowed those of us who wanted to do things right to get them shoved through the "security Luddites" who wanted to be able to telnet into boxes as root instead of SSHing in and using sudo.

    8. Re:Short answer by Znork · · Score: 1

      I see you havent actually implemented real SOX compliance yet. You see, sudo ain't good enough. No solution that allows actual root privilige escalation is good enough. You need complete separation of duties with immutable audit trails and unchangable logs. Technically you'll have to use something like Etrust, selinux, secure solaris, etc. The kinds of solutions that tend to royally mess up your applications and make your job a three person job. One who grants you priviliges, one with the privilige to execute the command on the machines, and one who watches what commands were executed. None of which may be allowed to have access to the functions of the other persons.

      Sox has nothing to do with good security policies. If you think it has, you have not implemented it right.

    9. Re:Short answer by Syberghost · · Score: 1

      I define "right" as "the auditors say I did it right, and we all get a bonus". You may feel free to define it as "this is impossible to comply with so I won't even try". Be sure to let us know what company you work for, though, so we can all sell short.

    10. Re:Short answer by Merovign · · Score: 1

      A certain company I worked for created massive bureaucratic procedures that didn't increase security and all.

      The problem with a law like SOX is that the theory is to introduce new procedures to improve security and accountability, the practice is to introduce new procedures to comply with the law and fend off lawsuits.

      I suddenly had a ton of useless paperwork and busywork to do and I heard "Sarbaines-Oxley" about 20 times a day, to no improvement in security or accountability.

      In addition, in full accordance with the Vice-President Syndrome, every new Dumb Administrative Idea was implemented because you were not allowed to argue with any policy that was justified with the Magic Words "Sarbaines-Oxley."

    11. Re:Short answer by Znork · · Score: 1

      That's your CEO's problem, as he'll be the one attesting to the reliability of the company finances when any sysadmin can modify data without being accountable. He's the one who'll be facing jail time when the books get cooked.

  2. Typical Crap by bsdbigot · · Score: 4, Insightful

    Yes, obviously the answer to EVERY problem about the Internet is more laws on the books. The scary thing is, with things like SOX, we spend more money and time on bureaucracy than fostering an environment which would preclude the need for SOX in the first place. Instead of criminalizing bad conduct, why doesn't the government try to encourage could conduct by, say, granting tax relief for companies that are fully SOX compliant instead of prosecuting executives that fail to make this happen. That would encourage good behavior far better than turning people off to being in business in the first place.

    Think about it - let's say you're Bill Gates or Scott McNealy; would you really want to be in a position where failure to do your job correctly would result in jail time? SOX is stupid for exactly this reason.

    Now, translate that to the internet. You are a webmaster, and because you didn't install NT4SP26 on your IIS farm, you could face 20 years in jail. Utter bullshit. Let's kill this idea before it gets any momentum!

    --
    main(){char I,l,O[]={'-',1-1,0,(1<<5)-1,0+'-',-10-1,-10,11-0,- 1,-100};for(I=l=0;l<10+0;put
    1. Re:Typical Crap by Anonymous Coward · · Score: 0

      bad conduct pays more

    2. Re:Typical Crap by jbolden · · Score: 2, Insightful

      All SOX requires is that when you make statements in sworn legal documents, intend for broad public consumption, you can make a reasonable argument as to why you believe those statements are true. That's not exactly asking for the sun and the moon.

      25 years ago we had far less IT but SOX wasn't needed because we didn't have a culture of corruption in the United States.

  3. Too much corruption to be able to make a good law. by Futurepower(R) · · Score: 2, Insightful


    This kind of law requires a huge amount of wisdom to write and implement. The U.S. government just does not have that ability at present. Instead, the government is being sold to whomever will pay the most: Unprecedented Corruption: A guide to conflict of interest in the U.S. government.

  4. SOX by BrookHarty · · Score: 2, Informative

    SOX is a lie to make the public feel safe. You can still move money around from departments and expenses. The accountants make money on SOX, and you get a false "Warm and Fuzzy" feeling that the CEO/CFO wont take out personal loans. But golden parachutes still exist, and sign and profit bonus's, and a zillon other ways to get the Excecutives some money.

    And the article is full of fluff, the companies he listed are already under SOX control, except offshore gambling.

    Not great detail, but a quick over at wikipedia.
    http://en.wikipedia.org/wiki/Sarbanes-Oxley

    1. Re:SOX by Anonymous Coward · · Score: 0

      The acronym is actual encrypted. When decrypted, the real one is: CYA.

  5. NO by Anonymous Coward · · Score: 1, Insightful

    No, we don't need ANY further regulation for the net! Net issues need to be handled by the net community and by technology. All others should keep their big fucking noses out of net business!

  6. Program Manager's Employment Act by klausner · · Score: 1

    SOX is a farce that is more about show than substance. It's generated zillions of billable hours for program mangers to create lots of project plans, but it is still up to the company to decide to actually do anything concrete.

  7. Want a recent example of the corruption? by Futurepower(R) · · Score: 1


    Want a recent example of the corruption in the U.S. government? Here's one from Ed Foster: Crime and Punishment, and Copyright.

    In the U.S. government of today, anyone can get anything they want if they have money.

    Quotes:

    "After all, the music and movie industry moguls who spend so much time and money getting Congress to do their bidding are not without sins of their own. Just as an example, last month Time Warner -- a corporation with a foot in both industries -- agreed to pay a $300 million fine to the SEC to settle civil fraud charges. It had earlier paid $210 million to get the DoJ to go away on criminal fraud charges involving some of the same accounting shenanigans. Time Warner just had to pay this chump change rather admit guilt, in spite of the fact that, as one SEC officer noted, some 'of the misconduct occurred while the ink of a prior Commission cease-and-desist order was barely dry.' Oh, by the way, the Time Warner CFO, Controller, and Deputy Controller also agreed to never do such nasty things again. But apparently they don't face jail time, or even fines, and they're still working for Time Warner.

    "So it's possible some of the same Time Warner officials who have been caught once or twice robbing investors in the past could be doing so again even as we speak. Of course, last week they may have been too busy passing out rewards to their minions on Capital Hill, or perhaps they were involved in all those lawsuits the MPAA and RIAA were filing to harass the researchers developing the Internet2."

  8. That doesn't mean anything. by Elwood+P+Dowd · · Score: 2, Insightful

    Are you talking about regulating ISPs differently? Corporate IT departments? Home computer software? All of the above? What are you talking about regulating? What is the problem that you would like to solve?

    "Sarbanes-Oxley Act for the Internet" is meaningless. How would that be significantly different from a Sarbanes-Oxley Act for your dumb face?

    --

    There are no trails. There are no trees out here.
    1. Re:That doesn't mean anything. by RealityMogul · · Score: 1

      How is that flamebait. Seems rather legitimate to me.

    2. Re:That doesn't mean anything. by Elwood+P+Dowd · · Score: 1

      I certainly thought so. But I guess I didn't need to take no tone of voice.

      Heh.

      --

      There are no trails. There are no trees out here.
  9. Security is a process not a project by NoSuchGuy · · Score: 4, Insightful

    As a CEO you can't start a project called "Let's get secure!" and expect to be immune to all threats.

    Security isn't a one time spending.

    You can't spend 2 times the amount of X Dollars and expext to be 2 times more secure than spending only X Dollars!

    Security is a process.
    Security is a process.
    Security is a process.
    Security is a process.
    Security is a process.
    Security is a process.


    You have to rethink everthing everytime.
    Security nees a steady budget.

    --
    Grundgesetz * 23. Mai 1949 - 30. November 2007 - http://www.vorratsdatenspeicherung.de/
  10. Streamlined Regulation by 4of12 · · Score: 2, Interesting

    I would advocate minimum possible regulations, particularly ingredients that require rigorous identification, government screening to prevent "slander of the state", etc.

    Delegate control and punishment measures down throught the DNS hierarchy - if you run an open relay that spews, then it's up to your provider to discipline you - or face worse consequences upstream as his provider gets angry about the flood.

    --
    "Provided by the management for your protection."
  11. as a person working for a company doing SOX by krist0 · · Score: 2, Insightful

    Jesus Christ for the love of god (whichever one)...NO!...run away from SOX, its just blame deferral, endless policy creation (and not even the few needed good ones), its endless "clarifying meetings", its getting ITIL'd, its an endless stream of crap, like getting burried under a mountain of wet blankets.

    You and your colleuges get suffocated in crap, stuff that you where hired to do because, well, you know what you are doing...oh no, you must get approval to shit....

    RUN AWAY!!!!

    --
    all you are, is all you are, i'm so sorry for you.
    1. Re:as a person working for a company doing SOX by Anonymous Coward · · Score: 0

      Speaking of ITIL. Is anyone else experiencing ITIL/ITSM initiatives? I am observing at least 4 hours of "clarification" meetings per day. In addition, it seems like management vaporware that accompanies outsourcing/offshoring.

      Anyone have any input?

  12. Death knell for amateur computer science... by Leadhyena · · Score: 4, Insightful
    It's inevitable... the government will demand for accountability of all actions on the internet. Run with me on this argument before you call me chicken little, and you will see the slippery slope that we're treading upon. Already the internet has entered case law and precedent has been set in many situations. Congress has also made some laws over actions on the net, and they plan to do more. It's only a matter of time until the whole thing gets regulated.

    And what does this imply? Well, for starters it'll require something like a SOX regulation; while it won't demand packet sniffing per se, it will demand that source and destination ip addresses, MAC addresses, and ports be logged, so that people who release viruses/trojans/spyware/spam et. al. can be held accountable. Then anyone running a "web service" may be required to take logs of activites (to be used in investigations of fraud or terrorist activities), so that authorities may request these materials upon subponea.

    And even then it won't be enough to stop identity theft, copyright infringement, and other criminal activities on the net. That when Congress will come to the "realization" that programming is what makes everything on the net possible, and finally demand that programmers be held accountable for their code. That will be the death-knell of amateur computer science, for you won't be permitted to write a program and run it on an internet-enabled computer without having to take responsibility for that program's actions, limiting one's recreational programing to toy computers and sandboxes. It will progress to the point where it will be "impossible" for a programmer to take responsibility for writing something on the internet, because he/she cannot afford the insurance that he/she will have to take out to cover the insurance necessary to protect themselves from programming lawsuits when a program they authored is used to perform evil actions.

    Obviously some people will have to be allowed to program on the net everyday, to patch programs that users find bugs in or black-hats find exploits in. The only way for these programmers to obtain programming insurance is to partake in several programming certification classes in order to obtain a license to program. Maybe I'm being paranoid, but this seems to be the logical extension of the government's desire to determine accountability for all activities towards the internet.

    1. Re:Death knell for amateur computer science... by SpaceLifeForm · · Score: 1
      You are correct on the slippery slope and how government and MS will want to control everything. This is reason for the attacks on Linux BTW.

      But guess what? The Internet (as it has become) can be re-invented, and it will because it will have to be re-invented.

      Keep your copper dry.

      --
      You are being MICROattacked, from various angles, in a SOFT manner.
    2. Re:Death knell for amateur computer science... by richardoz · · Score: 1

      This sounds a lot like trusted computing to me...

      --
      All the worlds indeed a .sig, and we are mearly players..
    3. Re:Death knell for amateur computer science... by innocent_white_lamb · · Score: 1

      It's only a matter of time until the whole thing gets regulated.

      That when
      [the UNITED STATES] Congress will come to the "realization" that programming is what makes everything on the net possible, and finally demand that programmers be held accountable for their code.

      In the good ol' USA, land of the free, home of the brave, etc etc.

      Meanwhile, the rest of the world will be moving right along and computer science people and professional, amateur and hobby programmers will be doing pretty much what they always do.

      There is a whole big world out there beyond the borders of the USA.

      --
      If you're a zombie and you know it, bite your friend!
    4. Re:Death knell for amateur computer science... by Anonymous+Brave+Guy · · Score: 1

      <Devil's advocate> The question is how much of that would actually be a bad thing. </Devil's advocate>

      --
      If you disagree, post your argument. (-1, Overrated) isn't your personal censorship tool for views you don't like.
    5. Re:Death knell for amateur computer science... by soloes · · Score: 1

      while this is true, that countries outside the US may be free from US law, they are still buond by US trade. The US could, and possibly would, put strong trade regulations on countries that dont follow suit with this new beuracrocy.
      Or they could just go the maniachal way of China and filter all internet from the outside world (aor attempt to at least).
      the problem is politicians in this great and free land always overreact when they finally react at all. Something like this is quite plausable with the right wing in charge now. Hell most of them cant even spell WWW (they just think people are chanting repeatedly for their fearles leader), but look at it is the great new threat.

      --
      New and improved Guilt. Now its alcohol soluble!
  13. As a member of cyberarmy by A+beautiful+mind · · Score: 1

    which stands for "freedom of thought, freedom of expression, and freedom of information on the Internet", i say, this is a very stupid idea.

    --
    It takes a man to suffer ignorance and smile
    Be yourself no matter what they say
  14. Absolutely! by Anonymous Coward · · Score: 0

    Otherwise the big corporations will reap obscene profits

  15. Who are you regulating? by rnxrx · · Score: 3, Insightful

    SOX deals with accountability within US corporations. It doesn't speak to the operations of companies outside the US. Attempts by particular countries to legislate the Internet have historically been ineffectual at best. This would be no exception.

    1. Re:Who are you regulating? by Anonymous Coward · · Score: 0

      Unfortunately you are incorrect. SOX applies to companies outside the US if they are owned by a US company, or they directly trade securities on US markets, or they have a certain number of US citizens as shareholders (can't find the number now).

    2. Re:Who are you regulating? by darnok · · Score: 1

      > SOX deals with accountability within US
      > corporations. It doesn't speak to the operations
      > of companies outside the US.

      Not true - it also speaks to the operations of non-US companies who have dealings with US companies. Worldwide, that includes pretty much all companies beyond a certain size.

      Loads of companies here in Australia are heading down the SOX path.

    3. Re:Who are you regulating? by Anonymous Coward · · Score: 0

      Not true at all... It is any company that trades on a US exchange, whether or not they have operations outside the US you are still subject to them...

      Our IT team lost an entire year because of this and guess whatit's not over... just when we thought we'd get back to work, it's time for your semianual vulnerability assesment.

      It's the most fun... documenting how much it's gonna cost to fix something that isn't broken.

  16. programming == free speech? by NoSuchGuy · · Score: 1

    1) Take a look what PGP did to export their book of PGP source code.
    2) Can the (US) government order you what you have to do at $DAYJOB or in your free time?

    --
    Grundgesetz * 23. Mai 1949 - 30. November 2007 - http://www.vorratsdatenspeicherung.de/
  17. Do What Thou Wilt by Anonymous Coward · · Score: 0

    NO.

    Do What Thou Wilt Shall Be The Whole Of The Law!

  18. Re: sig by X0563511 · · Score: 1

    I'm too lazy. What does that function in your sig output?

    --
    For large sets, this will be our guide even unto death, for the LORD will work for each type of data it is applied to...
  19. Ditto for ISO 9002 by leonbrooks · · Score: 1
    The problem is that it's more about accountability that actually doing things right. Now I can't blame the law for that. The law makes lots of sense. But the way companies handle it adds 100 times the overhead and even more technical problems. Entire systems are built so there's a "signiture" of approval and record of every little thing. People are so busy making others accountable (basically flowing both uphill and downhill) and no one takes accountability for their own actions and quality of work goes way down. What happens in the company is whatever intrisic trust there was between coworkers disappears. All the company wants and needs is the paper trail. Cost of the service goes up while quality goes down.
    Amen, brother, amen. Hear the man!

    I have a bunch of real-life horror tales for ISO 9002 and how hard (and expensive) that made it to get real quality into a product even with willing participants.

    Forex, there was the case of the key part made mirror-image (and late). The supplier flat-out refused to RMA or even look at it because their ISO9002 system guaranteed that the part was good. It was ISO9002 vs reality, and reality lost. Shades of the Hubble mirror! In order to make the building work, the company in between had to pay someone else to fabricate another part - in a hurry, not under ISO9002, and at their own expense - in the right shape, and use that. IOW, the ISO9002 paperwork for the building is now as much a lie as the ISO9002 paperwork of the original supplier, even though the replacement part is probably stronger and longer-lasting than the mismade original and the alternative would have been to halt construction of the (already behind schedule because of this) building for another few months and pay literally ruinous contract penalty fees.

    In a couple of cases, having any single unwilling participant in the loop would have been crippling, and trying to apply the system to a company full of drudges and yet make it function would have been far more painful than just cutting your losses, firing everyone, declaring bankruptcy and going on the dole the next day.
    --
    Got time? Spend some of it coding or testing
  20. I appreciate your refreshingly honest approach by leonbrooks · · Score: 1
    On this machine:
    "wtf.c" [New] 1L, 114C written
    [lucyb@destrier Leon]$ make wtf
    cc wtf.c -o wtf
    [lucyb@destrier Leon]$ ./wtf
    ---Lyndon
    --
    Got time? Spend some of it coding or testing
  21. But we obviously *do* need some regulation by Anonymous+Brave+Guy · · Score: 1

    The problem is, they said that about big business, until Enron and friends collapsed. By then it was too late.

    The Internet is in a dangerously similar position: it's so free at present that even normal laws agreed in almost all jurisdictions effectively don't apply, and the results range from irritations like spam e-mails, through disruption from viruses, to serious harm via phishing, electronic fraud, and several more "up-and-coming" crimes.

    The major problem with the Internet is the fact that you can do things effectively anonymously. With anonymity comes lack of accountability, and with that comes the cessation of any effective rule of law whatsoever. (I realise that a lot of people may now bleat about all the damage that would be done by losing that anonymity, and probably 1/5 of them will be making a valid point rather than just parroting.)

    But the simple fact is that with freedom must come responsibility, always. I believe in as much freedom as possible, up to the point where the individual's freedom is harmful to society as a whole, but if you're going to say what you like, you have to expect to be held accountable for what you say. (/me inserts standard "shouting 'Fire!' in crowded theatre illustration.)

    --
    If you disagree, post your argument. (-1, Overrated) isn't your personal censorship tool for views you don't like.
  22. You obviously *do* need to get a life. by Anonymous Coward · · Score: 0

    Look you twat, you can shout fire or whatever you like on the internet and no one will be killed. They won't be hurt either. You talk about bleating, it seems that you are the one that is bleating the line on regulation.

    The intarweb isn't the real world. Why should realworld laws govern a place that isn't real? Because people are stupid? Tough fucking shit for them! If they fall for fraudulent activity on the intarweb then they deserve what they get. If the fraud extends into the real world, such as their real bank account, then there are already laws that deal with that. With phishing, we already have bank fraud, wire fraud and postal fraud. Why do we need an intarweb fraud law as well? Especially when it can't possibly be enforced? The people that propose these asinine regulations are just as stupid as the people that fall for the scams they are trying to prevent.

    That's the thing that you morons seem to forget. There are already MORE than enough laws in the real world that govern every facet of real life. When things cross over from the virtual world of cyber space into the real world they are already regulated. There is absolutely no need for regulation of cyberspace.

    When it's virtual, it's virtual. When it's real, it's already regulated. Don't be a tard!

    1. Re:You obviously *do* need to get a life. by Anonymous+Brave+Guy · · Score: 1

      Blockquoth the AC:

      Why do we need an intarweb fraud law as well? Especially when it can't possibly be enforced?

      The fact that regular laws can't readily be enforced against illegal activity on the Internet is exactly why some basic regulation of the Internet is needed. You just destroyed your own arguments.

      --
      If you disagree, post your argument. (-1, Overrated) isn't your personal censorship tool for views you don't like.
  23. Sure but only if by Mr.+Foogle · · Score: 1

    you want to really break 'the internet' once and for all.

    --
    Display some adaptability.
  24. Whistleblower protections by UnapprovedThought · · Score: 1

    OK, if the accounting is too expensive, then maybe that part can be reduced or modified?

    But, for blog's sake keep the whistleblower protections.

    Thanks to S/O, a public company can no longer fire you simply for disclosing their illicit activities (note that a non-public company still can do so, although AFAIK this has not been tested in court yet). Otherwise Enrons and Worldcoms will happen all over again because people will be afraid to speak out, fully expecting that their employer with their army of lawyers will just figure out a way to put the blame on them. If the job picture gets really bleak then people will be speaking out nada.

    Too bad that this very critical part of Sarbanes/Oxley is being mostly glossed over by most of the posts here. Whistleblower protections are needed more often than most people think, and they benefit more than just the whistleblower.

    The public, the free market, and the individuals adversely affected by the illicit practices (not only accounting but also untraceable relaunderable illegal debt collection practices for instance... *ahem*) stand to benefit by someone who is willing to talk.

    Maintaining public confidence might be worth some cost. I think it is worth the cost of rethinking, not denouncing Sarbanes/Oxley.

    I'm not surprised if public companies would want to reduce their liability by trying to raise a firestorm over the accounting part of it. That would lift a giant sword of Damocles over their leadership. Some of their employees have to trudge along on menial tasks, but guess who benefits if the tasks are as menial and frustrating as possible? The same leadership that's assigning the tasks and very conspicuously labeling "Sarbanes/Oxley" all over them.

  25. Yes by Anonymous Coward · · Score: 0

    We should require accountability for security breaches, with the following rules:

    * All viruses, worms, and trojans must contain the author's name, home address and telephone number
    * There is to be a $1 tax on the virus writer for every machine infected
    * All viruses must contact an official government server when infecting a machine, in order to allow the tax to be collected
    * To ensure full collection of the tax, viruses may not infect a machine until an Internet connection has been established
    * Viruses must request user confirmation before destroying any data
    * Anyone who was involved in writing code covered by a security patch is banned from coding for 6 months, and must take a security course

  26. Your nick speaks volumes. by Anonymous Coward · · Score: 0

    You are indeed an innocent_white_lamb. You are one of the sheep. The sheep that are foolish enough to believe what they are told, accepting everything at face value.

    Do you not see the "rest of the world" already falling in line with US policy? Do you honestly believe that if your country did not follow US doctrine and the US cut you off from their part of the internet that you would be severely affected? No more Slashdot, eBay, Yahoo, Google or any of the other sites you likely use on a daily basis. Can you traceroute to any of your favorite websites without passing through a US exchange? You don't feel that you and your country would feel the pinch?

    The US "invented" the internet, Tim Berners Lee only invented HTML. The US also still controls the majority of the internet today and certainly from a policy level that is unlikely to change. The US will invent constraining laws that will negate the internet that we know today and the rest of the world will follow the US lead whether they like it or not.

    Surely you are not such an innocent lamb that you are too naive to see that your Prime Minister is already a US lapdog.