A system and a method for monitoring the integrity of code are provided. Dummy code is provided in an on demand decryption area of an object file while runtime code is provided elsewhere (and may be in the same object file or another object file). A compensation area is also provided which is initially blank. During execution, checksums can be calculated based on the result of an exclusive or (XOR) operation between contents of the on demand code decryption area and a compensation area such as a compensation area. As the runtime code populates the on demand code decryption area with the runtime code (potentially with the exception of areas masked to maintain integrity of relocation instructions allowed to remain in the dummy code) the compensation area is populated with the result of an XOR operation between the dummy code and the runtime code. As a result, the checksums will be the same throughout execution as long as integrity of the code has not been compromised.