[time-nuts] Article: Regulations focusing on backdating have prompted corporations to pursue technical solutions centered around time synchronization to eradicate the practice

Dr Bruce Griffiths bruce.griffiths at xtra.co.nz
Wed Feb 21 17:58:58 EST 2007


Jared Morrisen wrote:
> Interesting piece...
>
> *Weak Enforcement of Corporate Governance and Lax Technical Controls Have
> Enabled the Illegal Backdating of Stock Options*
>
> *Conclusion*
> The backdating fiasco demonstrates that the need for synchronized time is a
> crucial business and technology requirement. As such, it is an integral part
> of an effective network and security architecture. Ensuring accurate time is
> relatively inexpensive and offers a significant ROI. And it is a great way
> to stop your company from getting negative press — not to mention to keep
> your management team from being indicted.
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>   
Jared

And just how does this prevent someone altering the files's timestamp?

Bruce



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