How confident is your bank on preventing fraud?
by Bija Knowles
The 2017 Faces of Fraud Survey, conducted by iSMG in collaboration with Vasco, suggests that the majority of banks (87 per cent) don't identify fraud in real time
Minimizing Fraud Procedures
Background
Corporate treasury departments need a fraud prevention strategy that not only keeps pace, but is one step ahead of the fraudsters. To be truly effective, systems and processes needs to be able to spot…
Read moreCyberattacks: do you know when you’ve been hit?
by Bija Knowles
It's not always instantly obvious that cybersecurity has been breached but detection and response times are critical because immediate detection reduces the average cost of recovery dramatically
Is your CFO failing to deliver?
by Jack Large
Are they really a “strategic business partner to the board of directors”? New survey finds that CFOs aren’t always delivering
Cyberfraud is out of control, “New York Federal Reserve almost lost $1billion” allegedly
by Jack Large
Do we need hackers to protect us? But when countries are involved why bother?
Majority of companies unprepared for cyberattacks
by Bija Knowles
The consequences of suffering a cyberattack are serious, from costly and reputation-damaging disruption to operations, to data breaches – so why are so few companies preparing properly?
Real-time payment fraud detection backstop from Kyriba
by Jack Large
Breakthrough that corporate treasury needs: real-time detection of specified non-compliant behaviour just before the payment is made
Vital cybersecurity and data-security insights for CYA
by Jack Large
Equifax hearing reveals some ideas for data security, but should you be worrying about your competitors and under reporting
5 actions for next week: cybersecurity, covenants, guarantees, hedges, forecasts
by Paul Stheeman , Independent Treasury Consultant, STS – Stheeman Treasury Solutions
Interim treasurer Paul Stheeman gives his advice on next week’s tasks for the busy corporate treasury department
Another weak link in cybercrime prevention? Look to your industrial IT systems
by Bija Knowles
Manufacturing companies are the most susceptible to cyber attacks, according to data released by Kaspersky Lab
4 actions for next week: get rid of checks, inventory spreadsheets, fintech basics, protect data
by Dan Blumen , Founding Partner, Treasury Alliance Group
Dan Blumen gives his take on next week’s tasks for the busy corporate treasury department
Suppliers and partners are biggest cybersecurity risk
by Bija Knowles
The average cost of a cybersecurity incident is growing – and the most costly breaches are due to failures of third parties such as suppliers or business partners
Is blockchain the answer to data security breaches like Equifax?
by Bija Knowles
Several factors made the Equifax data breach particularly serious and costly – so could blockchain technology help make personal identity data more secure online?
How to use manual processes and digital to protect your business from fraud
by Jack Large
Rahman Ravelli Solicitors recipe - manual + digital - is only way to solve problem
Today’s vital fraud prevention questions for the corporate treasurer
by Jack Large
Dare you complete the International Chamber of Commerce’s cybersecurity self-assessment questionnaire?
Changes to the COSO ERM Framework unveiled
by Bija Knowles
One of the most widely applied enterprise risk management frameworks – the COSO ERM framework – has been updated to keep in step with rapidly evolving global business risks
How to protect your company from chargeback fraud
by Bija Knowles
Retailers are increasingly offering customers a choice of online shopping and payment channels but this leaves them open to new types of fraud – and online chargeback fraud is a growing area
Fraud update: the nightmare continues, but new technologies offer hope
by Jack Large
Verizon: Almost half of companies fail on payment security; New techologies: use machine learning combined with AI, and behavioural analytics enable companies to fully understand and minimise cyberfraud
Cyberfraud - it will be your fault. Protect yourself
by Jack Large
Who is responsible: IT? Internal audit? Corporate treasury? Accounts payable? Government? Global regulators?
UK export-finance up 60% as UKEF keeps eye on corporate compliance
by Bija Knowles
UKEF seeks to stimulate UK exports over the next three years. International trade minister Greg Hands says that corporate compliance also remains a focus
The behaviours that could signal fraud or market abuse
by Bija Knowles
No one likes to think that their behaviour is predictable or transparent but behavioural analytics is effective in uncovering misconduct such as market abuse, insider trading or collusion
Fraud bad news keeps on coming: the simple structures and processes to protect you
by Jack Large
CIFAS: UK Identity fraud at epidemic levels; Symantec: major security breaches record; BELLIN: simple structures and processes that protect the corporate treasury department
4 cybersecurity myths that will help you better protect key corporate data
by Kylene Casanova
Companies need to ask key questions about their cybersecurity strategy: which data is most at risk; how much should you spend; and what are the non-technical ways to protect data?
Economic insecurity is fertile ground for digital innovation
by Kylene Casanova
Global political and economic uncertainty are creating a new breed of digital innovators, according to a survey of IT executives from 86 countries
Fraud prevention: latest research and tips
by Kylene Casanova
Telltale signs; contactless fraud; eyetracking technology; money laundering; cutting off terrorist funding; cost of fraud prevention