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Lora Bentley

Governance and Risk

From regulatory compliance to corporate governance structure, everyone is involved

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Lora Bentley

January 2009

January 30, 2009

Satyam Crisis Sharpens Focus on Governance

The Satyam debacle has drawn the importance of corporate governance into sharper focus in India, according to this Livemint.com piece. Observers are asking whether corporate boards need to includ... More >

Not the Time to Abolish the SEC

Wednesday, I saw a blog post on The Examiner in which Trevor Bothwell suggested abolishing the Securities and Exchange Commission . If the regulator received tips regarding Bernard Madoff's miscon... More >

January 29, 2009

PCI Compliance Also Requires Partnership Between IT, Legal

Though the overlapping of legal and IT roles in compliance tech decision-making may have been precipitated by amendments to the Federal Rules of Civil Procedure to address discovery of electronicall... More >

January 28, 2009

Teaching IT and Legal to Understand Each Other

Whether they're getting ready for the Securities and Exchange Commission's XBRL filing requirement or trying to figure out what their document management and retrieval system should do to best comply... More >

January 27, 2009

SEC Enforcement Director: 'We Need More Money'

In response to questions from the Senate banking committee regarding the Securities and Exchange Commission's failure to pick up on Bernard Madoff 's malfeasance after 10 years of clues, the commiss... More >

Schapiro Says Small Businesses Should Comply with Sarbanes-Oxley

New Securities and Exchange Commission Chair Mary Schapiro is wasting no time distancing herself from former chairman Christopher Cox. Under Cox, the SEC repeatedly delayed Sarbanes-Oxley 404 complia... More >

January 26, 2009

IT, Legal Learning to Make Nice for Compliance Success

U.S. companies already must comply with an astronomical number of regulations, but it will only get worse as the new administration works to correct problems that created the current recession . And... More >

Oregon CIO Says Shared Ideas and Assets Are Biggest Benefit of Open Source

Oregon's CIO , Dugan Petty , says it's not necessarily the money saved or the flexibility gained from open source that makes it most attractive for use in a government setting -- though both of thos... More >

January 23, 2009

Tips for Preparing for XBRL

Continuing on my quest to learn more about eXtensible Business Reporting Language now that the Securities and Exchange Commission will require publicly traded companies to file their financial stat... More >

January 22, 2009

French Parliament Offers Help for Others Considering Open Source

We've heard ad nauseum how open source adoption will increase in tough economic times. The U.S. government is researching the issue. The French National Assembly has first hand experience, however,... More >

Psystar Tries Another Angle in Case Against Apple

Last week in my Open for Business blog, I bemoaned the fact that SCO Group just won't die and is refusing to let go of its intellectual property litigation against Novell and other Linux distribu... More >

January 21, 2009

SEC Sarbox Survey Extended

Earlier this week, the Securities and Exchange Commission extended the deadline for businesses to participate in its Sarbanes-Oxley survey. (If you'll remember, the regulator delayed small business S... More >

Obama Administration Considering Open Source in Government, McNealy Says

Open source technology makes a more secure government, says Scott McNealy. According to BBC News , the Sun Microsystems co-founder is preparing a paper on the subject at the request of the Obama a... More >

January 20, 2009

Touch Screens Like the Crunch Pad's May Be Trendy, but They're Also Annoying

Netbooks and mobile Internet devices are the next big thing, according to some observers. They will even be preferred over smartphones that do everything. So Tech Crunch 's Michael Arrington is rig... More >

Android Phone Poised for Sale in Mainland Europe; Lead Developer Takes CTO Post

The Tech Herald reported Tuesday that Deutsche Telekom's T-Mobile wireless division is gearing up to sell Google's G1 handset in mainland Europe. According to the story, the Android-based phone wi... More >

January 19, 2009

Open Source M&A May Outpace the Industry in 2009, Says 451

Early this week, 451  Group analyst Matthew Aslett shared his thoughts on M&A potential in the open source arena this year. If you haven't seen it yet, it's certainly worth a look.   Two... More >

January 16, 2009

Google Stops Jaiku Development, Opens Source Code to Community

Google is opening the source code to its Jaiku microblogging service , according to Ars Technica . Unfortunately, it doesn't appear to be a move ahead for the service -- at least not at this point ... More >

January 13, 2009

Microsoft Won't 'Open' Windows Unless and Until It's Necessary

eWEEK 's Jason Brooks suggested Monday that Microsoft should open source Windows. More specifically, he said open sourcing Windows would be good for Microsoft. After all, Microsoft and open source ... More >

Move to Electronic Medical Records Will Create Jobs, But Could Cause Problems, Too

Earlier this week, President-elect Barack Obama said his administration will work to "computerize" all U.S. medical records within five years. We've known this was coming for a while. Four years ag... More >

January 12, 2009

XBRL Standard Could 'Revolutionize' Business Information

Late last year, the Securities and Exchange Commission officially adopted a new rule requiring public companies in the United States to file their financial statements using eXtensible Business Re... More >

How Do You Define a 'Sick' Open Source Community?

When Sun Microsystems has restructured much of its business around open source , its leaders probably don't want to hear that one of the projects it sponsors, OpenOffice.org, is "profoundly sick" an... More >

SCO Just Won't Give Up

Are you kidding me?   The Salt Lake Tribune reported Friday that SCO Group would like to sell some of its assets in order to continue its infamous intellectual property lawsuits against Novel... More >

January 9, 2009

Starting an Open Source Project Takes Planning

More than once in recent days we've seen stories about how open source works in a recession . Even governments are choosing open source in an attempt to save money. But what happens if you want to... More >

January 8, 2009

Risk Management: An Enterprise-Wide Endeavor

It's not surprising in this kind of economy that risk management is taking center stage again. What's different this time, according to CFO.com , is that there are so many different types of risks ... More >

Vietnam Opts for Open Source in Government

States in the U.S. may seldom make the use of open source a requirement , but the same is not necessarily true in other countries -- especially developing markets.  Case in point: Vietnam has mandat... More >

Satyam Cofounder Admits Fraud, Resigns

Just in case anyone is living under the misconception that the U.S. has a monopoly on corporate fraud, The New York Times reported Wednesday that the chairman of India's fourth-largest outsourcing ... More >

January 7, 2009

Microsoft and Open Source: How Far Will It Go?

InfoWorld blogger Savio Rodrigues made an interesting observation Tuesday: Bob Muglia, who leads Microsoft's server and tools business, has been promoted to president .   What I didn't reali... More >

January 6, 2009

Former PCAOB Official Joins Center for Audit Quality

The Center for Audit Quality reportedly has a new face. Mary Moore Hamrick, formerly with the Public Company Accounting Oversight Board, has joined the CAQ as director of external relations and str... More >

Does Cisco + Open Source = Server Market Shakeup?

Except when the Free Software Foundation brought suit against Cisco Systems for GNU General Public License violations, I seldom have had the opportunity to write about the networking giant in this ... More >

What We Learn from Sarbanes-Oxley

Nearly seven years after Sarbanes-Oxley was enacted, many are using the beginning of 2009 to look back and evaluate the much-maligned legislation. Did it work? Is the cost worth the benefit? What can... More >

January 5, 2009

EMC Subsidiary Acquires SourceLabs

Not surprisingly, consolidation continues in the new year. NewsFactor Network reported Sunday that EMC, through its subsidiary Decho , has acquired open source support provider SourceLabs . &nb... More >

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