Today we’re asking GTNews readers to participate in our poll on cyber risks.
This week, many businesses were crippled worldwide by a ransomware cyber-attack. ‘Petya’ has reportedly hit over 12,000 machines in around 65 countries across the globe. Cyber-attacks are increasingly in the headlines as hackers are becoming more sophisticated.
“The reputational fallout from a cyber breach is what kills modern businesses,” said Inga Beale, CEO of Lloyd’s. “And in a world where the threat from cyber-crime is when, not if, the idea of simply hoping it won’t happen to you, isn’t tenable.
In the event of an attack, it falls on the company to prove that they took adequate steps to protect their business and their customers. Do you feel prepared for a cyber-attack?
Fact. Your CFO is losing sleep at night because he or she is worried about your organization’s financial reporting processes.
While many still think the banking sector is characterised by legacy systems and lack of innovation, this could not be further from the truth. 2018 marks the year when a multitude of external factors will shake up the industry once and for all and reinvent the way people bank. Inevitably, this presents a threat, but also an opportunity.
Cryptocurrencies have developed and matured in to an entirely new class of asset. Completely digital and constructed using blockchain technology, they are a genuine, game-changing means of raising capital for the funding of new and existing businesses alike.
There has been an uptick of treasurers inquiring about interest rate risk management in recent months as interest rates in the US and UK have started to show a rise in momentum, said Chatham Financial at the annual Bellin treasury conference.