Standards Organization for Electronic Transaction (SOX)

The Standards Organization for Electronic Transactions (SOX) refers to a set of guidelines and protocols designed to ensure the security, integrity, and confidentiality of electronic transactions and data exchanges. It establishes best practices for organizations to protect sensitive information, prevent fraud, and maintain trust in digital financial and business activities. Essentially, SOX helps create a standardized framework that ensures electronic transactions are reliable, secure, and compliant with legal and regulatory requirements. This promotes confidence among users and stakeholders in the digital systems used for commerce and communication.