Travel, expense predictions for 2025
...organisations than ever experience cybersecurity breaches, putting personal information at risk. It’s a delicate balancing act to respond quickly to ...
...organisations than ever experience cybersecurity breaches, putting personal information at risk. It’s a delicate balancing act to respond quickly to ...
...Global Security Index, with the Philippines actively closing the cybersecurity gap, by providing technical skills, collaborating with other countries, organizing ...
Financial phishing proves to continue to wreak havoc on companies and organisations in Southeast Asia, according to cybersecurity and digital ...
...in the corporate sector. Both public sector entities and small and medium-sized practices put cybersecurity as their biggest concern. For ...
...partnering with ISACA to provide continuing professional education (CPE) points for their members, reinforcing Cyber Security World’s position as a ...
Jeanne Boillet, EY Global Accounts Committee Assurance Lead, weighs in with her experience as an auditor, on GenAI, cybersecurity, climate ...
...cybersecurity and identity theft prevention. Lina S. says this method allows organisations to gain insights into user behaviour and potential ...
...corporate sector. Further, the Q2 survey reveals how organisations are increasingly struggling to get a grip on cybersecurity, which was ...
...points out that disparities in digital infrastructure can widen the digital divide in international trade. "Moreover, increased digitalisation poses cybersecurity ...
...role of CFOs in addressing and dealing with cybersecurity threats, Wood explains that they are crucial players in addressing these ...
...to cybersecurity that balances protection with running the business during the Gartner CFO & Finance Executive Conference. According to Gartner, ...
...financial leaders, it is important to understand the latest news on cybersecurity for better financial planning and decision-making, especially as ...
...mitigate the risk of technology obsolescence, address cybersecurity threats, balance technology investments with costs, manage data security, overcome resistance, integrate ...
...impact of talent retention risks, with numerous respondents describing the skills shortage as an epidemic. Cybersecurity is also viewed as ...
...a starting point persist. Trust in technology, especially in data privacy, AI, and cybersecurity, is growing, but greater adoption requires ...
...enterprise and business model knowledge, and understand risk in areas such as cybersecurity and supply chains.” The role of technology ...
...earlier, when regulatory change came first, followed by cybersecurity and economic risks. Geopolitics has also significantly moved up the ranks ...
...adequate cybersecurity measures. Being vigilant is not enough, organisations must also invest strategically in the appropriate security tools to safeguard ...
...of the report. “Those who are ahead of the curve are already investing to strengthen supply chain resilience, responding to ...
...strategic direction. With the proliferation of risks, such as geopolitical tensions and cyber breaches, CFOs and the executive team must ...
...CFOs (43%) are focusing their efforts on team capability and utilisation while Australian CFOs (39%) are currently hiring for Data ...
...the region have experienced cyber incidents due to insufficient cybersecurity budget in the last two years, the firm said. Insufficient ...
...economy, inflation and cybersecurity clearly loom large on the executive risk agenda, but the best leaders realize that all these ...
...automated checks be equipped with cybersecurity features and customisable access rights be equipped with data analytics and data visualisation capabilities, ...
...new technology with established frameworks. While blockchain inherently provides security benefits, investing in additional cybersecurity measures is important. Safeguarding against ...
...made looking at the money history way better as it quickly check lots of information and find patterns way faster ...
Will you outsource cybersecurity? According to Kaspersky, more than one in two companies in Asia Pacific plan to outsource cybersecurity. ...
...to navigate around the risks posed by cyber threats, spanning from data breaches to ransomware attacks, financial leaders must take ...
...as cybersecurity and evolving customer and competitive trends. Additionally, beyond managing the company’s finances, the CFO is critical in upholding ...
The rules of engagement in cybersecurity are constantly shifting as criminal gangs and nation-states are using new technologies, including artificial ...
...timely data. FP&A also continues to deploy effective long-term planning, considering various factors such as economic data projections for GDP, ...
...to provide opportunities for these companies to offer cybersecurity services directly. However, it is crucial to note that AI alone ...
Scams and frauds in banking are undeniably not a new thing anymore as fraudsters have found more ways to do ...
...a unified, interconnected ecosystem across various industries including manufacturing, banking, healthcare and logistics, despite challenges in the fragmented IoT and ...
With great advancements in technology come greater risks posed on organisations around the world. From reconnaissance to action, generative artificial ...
...lines of business and increase employee productivity invite serious risks to privacy, cybersecurity, regulatory compliance, third-party relationships, legal obligations and ...
...that cybersecurity continues to be top of mind for business leaders, and now more than ever, said Sean Joyce,Global Cybersecurity ...
...cloud, private cloud creation and cybersecurity, are positioned as differentiators that can create stickiness and help improve customer retention. Both ...
While cyber defence cost is increasing, just one in five cybersecurity leaders considers their organisation’s defence approach to be effective, ...
A majority of business and personal activity involving sending Chinese data abroad will no longer need to go under a ...
...aligned with the findings of both the Cybersecurity Agency (CSA) and the Singapore Police Force, where in the last quarter, issued joint ...
...organisations’ earnings will be exposed to more uncertainty over the next three years. Cybersecurity risks, cited by 50% of respondents, ...
...evolving risks (geopolitics, and cybersecurity) made CMS critical, while nearly 30% call out rising inflation causing their growing need for ...
...UK among others. Cybersecurity Hackers are always testing new technologies for ways to subvert it for their own ends, and ...
The impact of a major cyber incident is on average a 9% drop in shareholder value — over and above ...
...being more proactive and predictive with customer requirements. All of this is supported by best-in-class cybersecurity processes leveraging Amazon cloud ...
E-mail phishing attacks in Singapore remain to be a major concern as 55% (852,823) of the 1.556 million phishing emails ...
...boardroom. Only three in five respondents think their board has dedicated sufficient time and resources to this area. This exposes ...
...followed by keeping up with a rapidly evolving cybersecurity landscape. The primary challenges for audit departments reflect the increasing need ...
...autonomous decision making. CEOs believe collaboration is the best course of action for ESG issues, trust in institutions, cybersecurity risks, ...
...assessments, and establish penalties for non-compliance. By creating a regulatory framework that emphasises cybersecurity, APAC countries can encourage organisations to ...
...more than 1 billion cyberthreats to date and 400,000 new malware samples detected daily. In the face of a pervasive ...
...security. Collaborating closely with the CIO or CSO, CFOs have the opportunity to align business objectives with cybersecurity strategies. This ...
When it comes to the recent cybersecurity trends, attackers were found to leverage more than 500 unique tools and tactics ...
...average of 47%. Data for report comes from a survey of 3,000 cybersecurity/IT leaders conducted between January and March 2023 ...
...flow amid volatile economic conditions, optimise working capital, strategising to mitigate financial and forex risks, up to combating cybersecurity threats. ...
...Adoption” based on a survey of 3,000 cybersecurity or IT executives earlier this year, 95% of organisations that purchased a ...
...cybersecurity’ and ‘economic inflation and recession’. Sector-specific results showed respondents in financial services were more likely to raise ‘technology, data ...
...objectives. "CFOs must take control of the narrative and make the case for investments in cybersecurity, data privacy, and risk ...
...cybersecurity is being driven by the trend toward explicit-level accountability for cybersecurity to include enhanced responsibilities for board members in ...
...at Kaspersky. While the Vietnam government has continuously pushed to beef up the cybersecurity defenses of the nation and the ...
When it comes to cybersecurity incidents, the most impacted sectors in 2022 were professional services, healthcare, financial services, manufacturing, and ...
...becoming even more of a priority than other vital trust areas as customer experience (52%), innovation (50%), and cybersecurity (49%). ...
When it comes to the latest trends of fraud, LexisNexis Risk Solutions warned that fraud keeps surging as digital transactions ...
...purpose. Digital economy. Digitalisation is increasingly crucial to respond to the new reality. Businesses must embrace digitalisation to drive insights, ...
...they planned to address cybersecurity in their plans next year, only 42% of survey respondents expressed a high level of confidence in ...
...technology or digital architecture, Workday pointed out. Other barriers include the lack of financial literacy skills in IT teams, and ...
CFOs and CEOs are planning to ramp up actions to address cybersecurity issues in the coming year, said PwC recently ...
The Kroll 2022 Cyber Risk and CFOs report, Over-Confidence is Costly, revealed that 84% of CFOs in Asia Pacific acknowledge ...
CFOs in Asia Pacific are rarely informed by information security teams about cyber security risks despite being confident in their ...
When it comes to ransomware, retail is the second most targeted industry in 2021, said Sophos recently. According to the ...
When it comes to technology budgets, businesses are spending more on cybersecurity, said Sophos recently when releasing results of a ...
...serious threat, Mercer observed. Among digitisation risks, cybersecurity and data privacy emerged as the top threat to businesses, impacting both ...
...and solution delivery and increase sustainability of business operations. The critical technologies that are optimising technologist delivery are augmented FinOps, ...
...lower fraud costs in Asia Pacific According to the company, almost all digital banks and alternative finance providers including BNPL ...
The average ransomware payment collected from organisations in Singapore — that had data encrypted in their most significant ransomware attacks ...
...spoke about digital disruption. But now every single business is getting digitally disrupted.” He added that CFOs must be open ...
...education is an issue, and it starts at the top Survey results indicate that only 37% of companies in Singapore ...
...July 2021, finding that making the leap to more advanced analytics applications, improving IT auditing practices, and providing sufficient assurance ...
...hurt the credit quality of sovereigns and speculative-grade companies with a significant dependence on foreign-currency commercial funding and high near-term ...
...value for the wider society. As organisations look to re-designing their capabilities, technologies from IoT to automation, emerging AI and ...
...Mainland China’s tightened cybersecurity review requirements for cross-border IPO-bound companies that fall into certain criteria, EY noted. This, combined with ...
What will be the major cybersecurity concerns in 2022? As the new year is around the corner, senior executives outside ...
...of cybersecurity insurance as a good investment, he opined that ransomware is a key purchase driver because a successful attack ...
...75% of leaders with more than US$30 billion in revenue reported they will spend more than US$100 million on cybersecurity ...
...strong cybersecurity posture by providing regular cybersecurity training to all employees, including top management and I.T. personnel, and such training ...
A hybrid workforce is a challenge to organisations as 61% of respondents to a survey said they struggle to provide ...
...developing an online sales operation , promoting products via a digital channel , enhancing their cybersecurity , developing a cloud ...
...respondents noted that cybersecurity risks were challenging to manage, while in 2021, nearly half report this category of risk is ...
...run cybersecurity awareness programs to address phishing. However, in the light of the survey results, phishing awareness and education programs ...
...58.9% of respondents in Asia acknowledged the severe impact cybersecurity would have on the business and nearly half (47.2%) considered ...
...pointed out. Cybersecurity control failures, last quarter’s top risk, remained as the top risk reported in 2Q21, survey results indicate. ...
...billion) saw record levels of CVC-affiliated investment. Global investment in cybersecurity reached a new annual record at mid-year—rising from US$2.2 ...
...and D&I issues (26%) are listed as the emerging topics that businesses are most focused on prioritising beyond technology — ...
The financial impact of cyber-physical system attacks resulting in fatal casualties will reach more than US$50 billion by 2023, Gartner predicted ...
Let’s continue with the last five of the top 10 security misperceptions today. To revisit or view the first half ...
There are top 10 security misperceptions, said Sophos. According to the firm, those misperceptions were encountered by its rapid response ...
...instance, the government could provide tax relief to help SMEs adopt new technologies such as AI, automation, cloud computing, and ...
Cybersecurity requires more effort as the median attacker dwell time before detection was 11 days, said Sophos recently when releasing ...
Cyber attacks and data loss are the top risks facing directors and officers, with COVID-19 and the forced change in working practices ...
...its recent 2021 budget, which saw S$24 billion (US$17.9 billion) allocated over the next three years to help businesses innovate ...
...frequency and severity, cybersecurity budgets remained largely unchanged as a percentage of revenue between 2019 and 2021. At the same ...
...digitisation is increasing the risks posed by cyber threats. This, coupled with the significant increase in cybersecurity incidents in 2020 ...
...reported successfully navigating current cybersecurity challenges in today’s remote-first world with software and cloud-first strategies. This global study, which is ...
Gartner predicts that 40% of boards of directors will have a dedicated cybersecurity committee overseen by a qualified board member by ...
...messaging. “Emails are linked to cybersecurity issues. Having all documents on the platform and everything verified on the platform mitigates ...
Microsoft was again the brand most frequently imitated for phishing attempts in Q4, 2020 as it was in the previous ...
We are in the era of the business unusual. The new risks and market changes that COVID-19 ushered altered business ...
...to your systems has always been difficult; in 2020, it became doubly so, with cybersecurity threats rising and remote workers ...
...to customise their processes for their “unique” business model and cybersecurity. With cyber attacks being more sophisticated, especially with the ...
...the rapid organisational changes needed to protect employees and serve customers in the midst of a pandemic. Despite increased cybersecurity ...
...a given company and lead to job losses as a result. Numerous cybersecurity challenges have emerged as thousands of companies ...
...roles have expanded to include understanding the importance of cybersecurity and playing an active role to ensure the organisation is ...
...“As safe as any cybersecurity measure sounds, it is important to note that absolutely nothing is completely secure.” According to ...
...rated access to critical talent second only to cybersecurity. Himashi Soriano, the Association for Financial Professionals “That it was more ...
...more flexibility in our current environment and beyond. It includes: 10 practical tips to achieve an efficient and confident virtual ...
The average global cost of addressing the impact of a ransomware attack, including business downtime, lost orders, operational costs, and ...
Unit 42, the threat intelligence arm of Palo Alto Networks, said recently that more than 86,600 domains classified as “risky” ...
...such as cybersecurity,” he pointed out. “We need to remember that different ways of working and strategic reactions could change ...
Malicious activities related to the coronavirus pandemic is also on the rise as user interest in the topic grows, said ...
...and cybersecurity Asked what technologies matter to the finance function in the next 12 months, Ng voted AI and cybersecurity ...
...following practices. Communicate creatively. A high volume of crisis-related communications can easily drown out warnings of cybersecurity risks, McKinsey & Company ...
With overall responsibility for the company budget, the CFO needs to understand and guide the organisation's IT strategy as an ...
Despite the overall growth in cyberattacks, only one-third of organisations say the cybersecurity function is involved at the planning stage ...
...Hot Spots Report revealed that data governance has risen to the top spot of CAEs’ audit concerns, up from second ...
...and develop better standards of cyber hygiene, through to the essential elements of crisis management, the guide offers a cybersecurity ...
...as cybersecurity and data breaches - and opportunities – such as the emergence of new talent management models and powerful ...
...demands of IPO advisory work and expand their service offering to area including environmental, social and governance reporting, cybersecurity and ...
...much should an organisation spend on security and cybersecurity? Boston Consulting Group (BCG) compiled average cybersecurity spending – see Figure ...
...identified as having high or medium-high cybersecurity risk. "The absence of detailed disclosures makes it more difficult to analyze a ...
...is a challenge for their organisation and 67% see the recruitment of skills a struggle. The lack of a separate ...
...McKinsey, 38% of CFOs also oversee IT and some are charged with 18% cybersecurity (18%) and digital departments (14%). As ...
...and simulations—in the next two years, survey results reveal. In addition, 60% of businesses in the region are currently using ...
CFOs: Cyber insurance may create a false sense of security. Here's why. In a study of more than 105 CFOs ...
Just how much is too much? Every year a portion of the annual IT budgets of enterprises is allocated to ...
...must be increasingly aware of the impact of cybersecurity issues during their deals, said Nasdaq-listed Forescout Technologies. Earlier this year, ...
The cyber threat is one of the most talked about issues that businesses face today. Yet the level of awareness ...
...Connected on strategy: 65% of trailblazers strongly agree their cybersecurity team is embedded in the business, conversant in the organisation’s ...
...practice focusing on external audit and audit-related services, the Big Four accounting firm noted. Internal audits and issues such as ...
CFOs and finance leaders are aware of cyber security—almost 60% of those surveyed by ACCA rank it as the most ...
...decade of experience as an equity analyst. In the blog post, he disclosed that among his personal passions is cybersecurity. ...
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