Which of the following compliance frameworks is

Solution

(Sarbanes-Oxley Act) is a U.S. law enacted to protect shareholders and the general public from accounting errors and fraudulent practices in enterprises. It mandates strict reforms to improve financial disclosures and prevent corporate fraud, particularly for publicly traded companies. SOX compliance includes managing and securing financial data to ensure transparency and accuracy in financial reporting. Why other options are wrong: a) GDPR : GDPR is a European regulation focused on protecting personal data privacy, not specifically on financial information. b) HIPAA : HIPAA focuses on protecting sensitive health information in the healthcare industry, not financial data. d) PCI DSS : PCI DSS governs the security of credit card transactions but is not a comprehensive financial compliance framework like SOX. e) ISO/IEC 27001 : ISO/IEC 27001 is a standard for information security management systems but does not focus specifically on financial information management.