SOX (Sarbanes and Oxley) helps the credit card industry by making sure all electronic transactions are compliant to a security standard.

Question

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SOX applies to public companies and requires certain financial disclosures and internal controls to prevent fraud. It does not specifically address electronic transactions or the credit card industry. However, there are other regulations such as PCI-DSS (Payment Card Industry Data Security Standard) that govern security standards for credit card transactions.

SOX (Sarbanes and Oxley) Helps the Credit Card Industry by Making