Bill 198
Tripwire simplifies compliance with Bill 198—the Canadian equivalent to SOX
Bill 198, the Canadian counterpart to the U.S. Sarbanes Oxley Act (SOX), was instituted to regulate the efficiency of financial reporting and operations in publicly held companies. In order to comply with Bill 198, companies must implement and evaluate internal controls over financial reporting, as well as provide documentation that demonstrates the effectiveness of the information security in place.
Tripwire provides internal controls over financial reporting enabling you to comply with change management principles of Bill 198.
Tripwire delivers a comprehensive solution by:
- Providing continuous compliance with the requirements of Bill 198 along with comprehensive configuration assessment policies.
- Tracking and auditing all change and suspicious events, and generating an audit trail of authorized and unauthorized change to help evaluate whether their controls are effective.
- Automating the repair of configurations that intentionally or accidentally fall from secure and compliant states
- Investigating the source of any unauthorized change to ensure the timely disclosure of management’s report on the effectiveness of the company’s controls and detecting (and reporting) any material weaknesses in them.
COBIT
COBIT addresses the three elements of the term “disclosure control and procedures requirements” and is a good starting point for companies that seek to comply with the internal control and disclosure control and procedures requirements of Bill 198. Tripwire Enterprise incorporates the COBIT framework through custom configuration assessment profiles used to help organizations maintain compliance with those parts of the standard.
Bill 198 Resources
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