Security breaches at major organisations have become a regular occurrence, leading many to wonder whether lessons are being learned or applied. Improving cyber security is an opportunity for the chief financial officer to prove his or her worth.
A credit card with a built-in fingerprint scanner rather than a PIN or signature to authorise payment is currently being trialled in South Africa.
With recent warnings of an accelerating ‘cyber arms race’ in the months ahead, every business should establish a review of their defences against cybercrime as a priority.
A UK study suggests that cybersecurity breaches have dented the value of shares by more than US$52bn.
Many fear that the amnesty offered by the Obama administration is about to end, reports Bambridge Accountants.
The country’s long-standing antipathy to cryptocurrencies appears to be dissolving, with hints that it could recognise bitcoin as early as next year.
For a long time, traditional methods of cybersecurity were enough to provide effective protection. But not anymore – sophisticated attack and fraud methods are bypassing traditional security layers to divert money out of the business.
Despite some progress in tackling bribery and corruption, many senior managers are failing to set the right tone according to EY.
Research from Duff & Phelps suggests that most will devote more time and resources over the next year in response to regulatory and investor pressure.
The Swiss financial services group launched a press campaign across Europe insisting that it has no wish to work with clients seeking to avoid tax.