Cybersecurity 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

Cybersecurity Vulnerabilities Need Addressing

Cybersecurity Vulnerabilities Need Addressing

Strengthen cyber defenses by guiding organizational behavior and reducing tactical errors.

By Craig Callé | May 17, 2022

5 Cybersecurity Spending Areas to Evaluate

Enterprise Risk Management

5 Cybersecurity Spending Areas to Evaluate

Focus dollars to ensure cybersecurity defenses follow the changes in your computing infrastructure.

By Bob Violino | January 28, 2022

U.S. Slaps Crypto Exchange With Sanctions

U.S. Slaps Crypto Exchange With Sanctions

In an unprecedented enforcement action, the Treasury Department says Suex OTC facilitated the laundering of illicit proceeds from ransomware attacks.

By Matthew Heller | September 21, 2021

Budgeting for Cybersecurity Requires a New Approach

Budgeting for Cybersecurity Requires a New Approach

It’s time for CFOs to dump the traditional line-item method to setting cybersecurity spending.

By Vincent Ryan | September 7, 2021

Brokerages Fined Over Cybersecurity Failures

Risk & Compliance

Brokerages Fined Over Cybersecurity Failures

The SEC says inadequate security at three firms resulted in the information of customers being compromised through email account break-ins.

By Matthew Heller | August 30, 2021

Data of 47 Microsoft Customers Exposed to Web

Data of 47 Microsoft Customers Exposed to Web

The data exposures discovered by a cybersecurity firm "show how one bad configuration setting in a popular platform can have far-reaching consequences.”

By Matthew Heller | August 25, 2021

T-Mobile Confirms Hackers Accessed ‘Some Data’

T-Mobile Confirms Hackers Accessed ‘Some Data’

“If claims that data for 100 million people have been hacked prove to be true, [the] breach will be among the largest carrier data breaches ever."

By Matthew Heller | August 17, 2021

Pearson to Pay $1M Fine for Misleading Investors About Cyber Breach

Pearson to Pay $1M Fine for Misleading Investors About Cyber Breach

The 2018 cyber intrusion involved the theft of millions of student records, including birth dates and email addresses.

By Lauren Muskett | August 16, 2021

Crypto Hacker Returns Half of Stolen Assets

Crypto Hacker Returns Half of Stolen Assets

The theft from DeFi platform Poly Network "demonstrates that even if you can steal crypto assets, laundering them and cashing out is extremely difficult."

By Matthew Heller | August 12, 2021

A Small Business CFO’s Practical Approach to New Technologies

A Small Business CFO’s Practical Approach to New Technologies

CFOs can add discipline to the technology selection process and set the “tone at the top’” by demonstrating a willingness to upskill.

By Steve McNally | August 9, 2021

Data Breaches Cost Companies $4.24M Per Incident On Average

Data Breaches Cost Companies $4.24M Per Incident On Average

The new report also found that breaches cost over $1 million more on average when remote work was indicated as a factor in the event.

By Vincent Ryan | July 28, 2021

Hackers in Ransomware Attack Demand $70M

Hackers in Ransomware Attack Demand $70M

The Russian group REvil has offered to unscramble all computers affected by its massive hack in return for $70 million in cryptocurrency.

By Matthew Heller | July 6, 2021

First American Settles SEC Charges for Cybersecurity Disclosure Failures

First American Settles SEC Charges for Cybersecurity Disclosure Failures

The real-estate title insurer failed to secure 16 years’ worth of documents containing sensitive personal information.

By Lauren Muskett | June 15, 2021

U.S. Recovers $2.3M in Bitcoin From Colonial Pipeline Hackers

U.S. Recovers $2.3M in Bitcoin From Colonial Pipeline Hackers

The cryptocurrency was used to pay the ransom in the attack on the Colonial Pipeline system.

By Lauren Muskett | June 8, 2021