cyber attacks Archives - CFO

Jennifer Louis: ‘Build a Culture of Cybersecurity’ in Finance Teams

Jennifer Louis: ‘Build a Culture of Cybersecurity’ in Finance Teams

“Cybersecurity spending should be seen as more of an investment than a cost,” the cybersecurity expert instructor said.

By Bob Violino | June 7, 2022

Prepare Now for Next-Generation Cyber Threats

Prepare Now for Next-Generation Cyber Threats

A soon-coming world that's almost entirely digitized and connected will expose companies to vast new cybersecurity risks.

By David McCann | April 2, 2019

Warning: Don’t Mention Trade Secrets in 10-Ks

Warning: Don’t Mention Trade Secrets in 10-Ks

While companies may have good reasons for suggesting in annual reports that they have trade secrets, saying so increases the risk that they'll be stolen.

By David McCann | July 16, 2018

Apple, Cisco Move Into Cyber-Insurance Market

Apple, Cisco Move Into Cyber-Insurance Market

The tech giants are offering protection against cyber attacks to businesses that primarily use their equipment.

By Matthew Heller | February 5, 2018

Enemy Cyber Campaigns Target Private Sector

Enemy Cyber Campaigns Target Private Sector

World War II strategy offers insights into how nation-states are hacking into U.S. companies.

By David Katz | November 2, 2017

Cyber Attacks Can Cause Major Stock Drops

Cyber Attacks Can Cause Major Stock Drops

A new study finds some breaches have wiped as much as 15% off companies' stock market valuations.

By Matthew Heller | April 12, 2017

Don’t Just Mitigate Ransomware

Don’t Just Mitigate Ransomware

CFOs must ensure their companies are prepared to thwart ransomware attacks and protect the organization's reputation.

By Roy Golding | February 7, 2017

Detecting Cyber Attacks Faster

Detecting Cyber Attacks Faster

Detecting a cyber attack faster can save a financial institution—or any company—millions of dollars in losses.

By Moshe Ben Simon | November 28, 2016

Vietnam Bank Reports Attempted Cyberheist

Vietnam Bank Reports Attempted Cyberheist

Tien Phong Bank says it thwarted an attack involving the same technique used in the theft from the Bangladesh central bank.

By Katie Kuehner-Hebert | May 16, 2016

Mac Computers Hit by First Ransomware Attack

Mac Computers Hit by First Ransomware Attack

Apple has taken steps to prevent further infections with a malware that asks victims to pay ransom of 1 bitcoin, or about $400.

By Matthew Heller | March 8, 2016

IBM Buys Resilient Systems in Cybersecurity Move

IBM Buys Resilient Systems in Cybersecurity Move

The company is piecing together a portfolio of services that will enable customers to protect against, defend and respond to cyber attacks.

By Katie Kuehner-Hebert | February 29, 2016

Moody’s Says Cyber Risk Relevant to Ratings

Moody’s Says Cyber Risk Relevant to Ratings

The ratings agency would likely examine the duration and severity of a cyber attack to determine its credit impact.

By Katie Kuehner-Hebert | November 27, 2015

Is China Hacker Deal Failing to Protect U.S. Companies?

Is China Hacker Deal Failing to Protect U.S. Companies?

At least seven U.S. companies have been hit by hackers linked to the Chinese government since the U.S.-China deal was launched, a security firm claims.

By David Katz | October 22, 2015

Investment Adviser Fined Over Server Breach

Investment Adviser Fined Over Server Breach

The SEC says R.T. Jones exposed its web server to a cyber attack, compromising the personal data of clients.

By Katie Kuehner-Hebert | September 23, 2015

IT Costs Top Worries for Financial Services Execs

IT Costs Top Worries for Financial Services Execs

Financial services firms are trying to compete with new entrants that are using new technology, survey says.

By Katie Kuehner-Hebert | June 15, 2015