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•Guest Column: Don't Look Now But The SEC Is Coming And It Is Your Data That It Wants

By Jerome M Wendt and James Koopmann, DCIG LLC

There is no question that the current economic uncertainty will continue to impact organizations on a global scale for some time to come and every organization is taking a much harder look at their IT budgets for 2009. Gartner notes that it projects IT budgets in 2009 will increase a meager 2.3 percent, down from the earlier projection of 5.8, while IDC has slashed how much it forecasts US IT budgets to grow to below 1% growth for 2009. But just because IT budgets for 2009 are getting cut does not mean the government is going to cut companies any slack in regards to meeting new compliance requests or giving them more time to satisfy them.

If anything is going up at this time it is the number of enforcement actions that the SEC is carrying out. While it seems the SEC is always involved in high-profile cases, the number of them is at all-time highs. A quick look at the SEC's involvement in 2008 reveals how hard they are cracking down of offenders by seemingly working around the clock to investigate, enforce and punish any wrongdoing. Just last month the SEC announced their Fiscal 2008 Enforcement Results that showed a general uptrend in litigation that it forecasts will extend well into 2009 and beyond.

Click Here To Download:
•Guest Column: Don't Look Now But The SEC Is Coming And It Is Your Data That It Wants