Technology: Page 18
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Predictive Analytics: An Essential Tool for Today’s CFO
Today’s CFO is responsible not only for shareholder performance but also acts as a strategic business adviser to the CEO, helping drive the executive agenda. While financial rigor is necessary, it is not sufficient to deliver the performance results required to meet shareholder expectations or si...
By Kris Hutton • Oct. 26, 2016 -
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Yahoo Says Hacker Stole Data of 500M Users
Yahoo has disclosed a “state-sponsored” hacker broke into its system in late 2014, compromising the account information of at least 500 million users in the largest data breach ever of a single company’s network.The account information may have included names, email addresses, telephone numbers, ...
By Matthew Heller • Sept. 23, 2016 -
Explore the Trendline➔
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TrendlineThe CFO Strategy for Artificial Intelligence
Artificial intelligence’s impact on the office of the CFO continues to evolve, and finance chiefs must be aware of the opportunities it will create for growth.
By CFO.com staff -
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AICPA Warns of Executive Impersonation Scam
Organizations should take steps to prevent a form of cyberattack in which criminals impersonating a top executive deceive an employee into transferring large sums of money, according to the American Institute of CPAs.The FBI has identified so-called Executive Impersonation as a variant of “Busine...
By Matthew Heller • Sept. 23, 2016 -
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IT Spending to Grow 3.3% in Next 5 Years
Worldwide spending on IT products and services will increase at a compound annual rate of 3.3% over the next five years, driven in large part by commercial demand, according to International Data Corp.The research firm said in its latest semiannual IT Spending Guide that the information technolog...
By Matthew Heller • Aug. 29, 2016 -
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Bitfinex Hack Fuels Bitcoin Security Concerns
The cybertheft of about 120,000 bitcoins from Hong Kong-based digital currency exchange Bitfinex has renewed concerns over the security of the cryptocurrency.Bitfinex earlier this week suspended trading on its platform after discovering the security breach. The bitcoins that were stolen by the ha...
By Matthew Heller • Aug. 4, 2016 -
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Britons’ Tweets Foreshadowed Brexit Vote
Remember when pollsters were calling Brexit a dead heat? Maybe they should have taken notice of Twitter activity coming out of Britain in the days before Thursday’s shocking vote.Nearly two-thirds (64.75%) of tweets from Britain posted between June 7 and June 15 and between June 20 and June 21 in...
By Katie Kuehner-Hebert • June 24, 2016 -
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IoT Will Recharge Machine Manufacturers
You’re probably hearing about the Internet of Things (IoT) from some of your technology suppliers. While much of it is very cool, and we’ll see much more that’s even cooler, why should you consider using IoT cloud services? What does all of this technology to connect machines, collect data from t...
By Timothy Chou • June 21, 2016 -
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The Case for Cloud Storage Vendors
Just a few years ago, most people would have answered the question of whether data is more secure in a company’s data center or in a vendor’s cloud storage system with a resounding answer in favor of organization’s data center.Ashley Vukovits Companies hired very smart security people and gave th...
By Ashley Vukovits • June 15, 2016 -
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The Relative Risk of the Cloud vs. Data Centers? It Depends
You are out of capacity. You’ve got data that you don’t have a home for. So you have to decide whether to build out additional capacity within your existing data center (if you have one), in a colocation data center, or in the cloud.Let’s consider each in turn.Option 1: Build new capacity in your...
By Rajendran Avadaiappan • June 15, 2016 -
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Cloud Providers Have a Lot at Stake
Keeping data in your own data center feels like the right choice. After all, it’s your business on the line.Chip Wentz Yet the largest application cloud providers have even more at stake in terms of their businesses and reputations. They are responsible for protecting the information of thousands...
By Chip Wentz • June 15, 2016 -
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Wendy’s Says Hack Hit More Payment Terminals
Wendy’s has disclosed that a cyberattack on its restaurants was more extensive than it initially reported, saying the attackers used malware to breach a second payment terminal system.The burger chain has been investigating reports of fraudulent charges on some credit and debit cards that had bee...
By Matthew Heller • June 10, 2016 -
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Suit Against Oracle Spotlights Cloud Accounting
Accusing her Oracle supervisors of trying “to fit square data into round holes” to boost financial results, a former senior finance manager at the firm with responsibility for cloud revenues has filed a whistleblower lawsuit against the technology giant.In her lawsuit, which demands a jury trial,...
By David Katz • June 2, 2016 -
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Smartphone Sales to Rise Only 3.1% in 2016
“Phone fatigue” may be increasing, as market research firm IDC on Tuesday reduced its forecast for 2016 global smartphone shipments growth and predicted iPhone sales will decline more sharply than originally expected.In its latest quarterly survey of the smartphone market, IDC said that after ris...
By Matthew Heller • June 1, 2016 -
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How to Be a Data-Driven CFO
Today’s technology, cloud, and IoT-driven world is continually generating a wealth of data, creating both opportunity and challenge for those tasked with deciphering and analyzing it. CFOs in particular are now facing increased pressure to connect the dots between multiple data streams to identif...
By Rodger Howell • May 27, 2016 -
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Fitbit Makes Move Toward Finance Technology
Fitbit has taken a step toward adding new features to its wearable fitness trackers some time next year by acquiring mobile payment technology from Silicon Valley startup Coin.The deal includes “key personnel and intellectual property specific to Coin’s wearables payment platform,” Fitbit said, b...
By Katie Kuehner-Hebert • May 18, 2016 -
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The Wide World of IoT and Precision Technology
Many people think the Internet of Things (IoT) is about your toaster talking to your refrigerator. While there will no doubt one day be very useful consumer IoT applications, more immediately there are many industrial applications, and many more potential ones, to consider.This article, the first...
By Timothy Chou • May 17, 2016 -
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Mobile App Installs Climb to $156 Billion in 2015
Mobile device users installed nearly 156 billion applications worldwide in 2015, but the growth of app installations and direct revenue from them will slow by the end of the decade, according to a new report.International Data Corp. predicted installations will increase to more than 210 billion i...
By Matthew Heller • May 9, 2016 -
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Facebook Can’t Dodge Suit Over Photo Tagging
Facebook has lost a bid to escape a class action lawsuit over its photo tagging technology as a judge ruled it can be sued under an Illinois law that protects biometric privacy.The technology uses facial recognition software to scan photographs that have been uploaded onto Facebook, creating “fac...
By Matthew Heller • May 6, 2016 -
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Big Data Overwhelms the C-Suite
Across many industries, both business planning and key decision-making are increasingly informed by big data. As pressure mounts to match business operations to the record pace of current, aggressive market innovation, more organizations are looking to base decisions on hard numbers in order to m...
By Ashok Noah • April 26, 2016 -
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FBI Warns of Rise in Business Email Scams
The FBI has issued a warning to businesses about fast-growing email scams in which fraudsters posing as company executives order staff to transfer money to accounts controlled by criminals.There has been a “dramatic rise” in such “business email compromise” scams, resulting in more than $2.3 bill...
By Katie Kuehner-Hebert • April 8, 2016 -
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WhatsApp Strengthens Privacy Wall for Users
Instant messaging service WhatsApp has announced that all communications between its one billion users will now be protected by full end-to-end encryption, firmly positioning itself on the side of privacy amid efforts by law enforcement to access data.The hugely popular Facebook-owned app started...
By Matthew Heller • April 6, 2016 -
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Iranian Hacker Used Google To Hack N.Y. Dam Computer
“Google dorking,” a widely accessible method for locating computer vulnerabilities, enabled an Iranian to find and then hack into the unsecured computer system of a New York dam in an attempt to sabotage its operations on behalf of the Iranian government.So say people familiar with a federal inve...
By Katie Kuehner-Hebert • March 29, 2016 -
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When Will We Be Able to Trust the IoT?
If you had an unlimited budget and little need for sleep, you could attend most (but not all) of the dozens of Internet of Things (IoT) events scheduled around the world in 2016. You’d not get much actual work done, but you’d hear a lot about what’s possible when everything gets “smart and connec...
By John Parkinson • March 28, 2016 -
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Mac Computers Hit by First Ransomware Attack
Apple has updated the operating system for Mac computers after cybersecurity experts discovered what is believed to be the world’s first fully-functional ransomware that targets OS X machines.Ransomware, one of the fastest-growing types of cyber threats, typically asks victims to pay ransoms in h...
By Matthew Heller • March 8, 2016 -
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Only 37% of Retailers Equipped for Chip Cards
U.S. merchants have been slow to adopt chip-enabled credit and debit cards, exposing them to liability for fraudulent transactions perpetrated with traditional magnetic strip cards, according to a new survey.The Strawhecker Group (TSG), a management consultancy, found that only 37% of retailers w...
By Matthew Heller • March 1, 2016