Risk Management: Page 2


  • Team of consulting auditors auditing the financial report data of the company (balance sheet, income statement) on computer screen with business charts, fintech
    Image attribution tooltip
    NicoElNino
    Image attribution tooltip

    Internal audit leaders need to hire more tech-savvy accountants: IIA

    Companies hiring for internal audit need to prepare for disruption from new technology such as artificial intelligence and robotic process automation, IIA said.

    By April 29, 2024
  • Bank sign
    Image attribution tooltip
    Courtesy of U.S. Bank
    Image attribution tooltip

    Rising geopolitical worries, war drive CFO hedging, US Bank says

    The threat of geopolitical tensions is a growing worry for finance leaders while concerns about inflation have eased, a U.S. Bank study found.

    By April 26, 2024
  • U.S. mint Explore the Trendline
    Image attribution tooltip
    tsimage via Getty Images
    Image attribution tooltip
    Trendline

    Top 5 stories from CFO Dive

    Cooling inflation, an M&A rebound and an AI reckoning are among the top forces that could shape the corporate finance world this year.

    By CFO Dive staff
  • Shot of a programmer working on a computer code at night
    Image attribution tooltip
    Hiraman via Getty Images
    Image attribution tooltip

    ‘Quantum advantage’ may boost businesses $2 trillion by 2035: McKinsey

    The federal government has stepped up investment in quantum technologies, more than doubling research and development spending since 2019.

    By April 26, 2024
  • A businessperson hands a colleague a paycheck.
    Image attribution tooltip
    AndreyPopov via Getty Images
    Image attribution tooltip

    Companies cut salary budget increases to 3.6%, trim promotions: Mercer

    Plans for slower gains to salaries align with Thursday data showing that economic growth slowed to just 1.6% last quarter, far less than expected.

    By April 25, 2024
  • Background of american one dollar bills
    Image attribution tooltip
    OlyaSolodenko/iStock via Getty Images
    Image attribution tooltip

    Stubborn inflation to keep rates ‘higher for longer’: Fannie Mae

    Economists have marked down their estimates for the number of quarter-point cuts to the federal funds rate from as many as six to one or two.

    By April 23, 2024
  • High Court ruling eases blow of SEC’s new cyber rules: analysts

    The court’s decision in Macquarie Infrastructure Corp. v. Moab Partners makes it harder for plaintiffs to bring claims based on omissions in SEC filings.

    By April 23, 2024
  • DOJ voluntary self-disclosure pilot program
    Image attribution tooltip
    Bo Shen via Getty Images
    Image attribution tooltip

    HeadSpin founder Lachwani sentenced to 18 months in prison for fraud

    The former CEO of HeadSpin — ordered to pay a $1 million fine — faces a July hearing focused on compensating bilked investors.

    By April 22, 2024
  • DOJ voluntary self-disclosure pilot program
    Image attribution tooltip
    Bo Shen via Getty Images
    Image attribution tooltip

    CEOs, CFOs can’t get non-prosecution agreement under DOJ pilot

    Criteria released by the Department of Justice April 15 lets corporate executives know if they stand a good chance of avoiding charges for coming forward with misconduct allegations.

    By Robert Freedman • April 19, 2024
  • Programming scripts on laptop monitor, unauthorized remote hacking of server
    Image attribution tooltip
    Motortion via Getty Images
    Image attribution tooltip

    NSA sounds alarm on AI’s cybersecurity risks

    Malicious actors on the hunt for sensitive data or intellectual property may be attracted to attack vectors unique to artificial intelligence, the NSA warned.

    By April 18, 2024
  • IRS Commissioner Daniel Werfel.
    Image attribution tooltip
    Alex Wong via Getty Images
    Image attribution tooltip

    Werfel sees IRS budget request yielding $341B in extra revenue

    The IRS chief testified to a Senate committee after Republican lawmakers secured a $20-billion cut to the agency’s budget.

    By April 17, 2024
  • Computer keyboard with key marked "insurance."
    Image attribution tooltip
    sodafish via Getty Images
    Image attribution tooltip

    Cyber insurance gaps stick firms with millions in uncovered losses

    An analysis of 101 breaches across various sectors revealed insurance gaps resulting in an average of $27.3 million in uncovered losses per incident.

    By April 17, 2024
  • Header image for "Fed Shows Resolve to Hit 2% Inflation Goal, Raises Rates Again"
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip

    Powell: Inflation data deny Fed ‘greater confidence’ needed to cut rates

    The Fed chair is just one of many policymakers who, in the face of persistent price pressures, has voiced no urgency in reducing borrowing costs.

    By April 16, 2024
  • President Joe Biden hands Vice President Kamala Harris a pen used to sign an executive order at the White House.
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    70% of CEOs feel ready to deliver on responsible GenAI

    The intense focus on safe and ethical GenAI use comes as the technology’s rapid rise is prompting scrutiny from governments around the world.

    By April 16, 2024
  • In this photo illustration, the welcome screen for the OpenAI "ChatGPT" app is displayed on a laptop screen on February 03, 2023 in London, England. OpenAI,
    Image attribution tooltip
    Leon Neal / Staff via Getty Images
    Image attribution tooltip

    ChatGPT grabs the shadow IT crown: report

    Generative AI tools emerged as the latest villain in the enterprise battle to curb SaaS bloat and rationalize software portfolios, Productiv analysis found.

    By Matt Ashare • April 16, 2024
  • Image of broken data chain.
    Image attribution tooltip
    Rasi Bhadramani via Getty Images
    Image attribution tooltip
    Opinion

    The CFO’s role in curbing third-party cybersecurity risk

    With vendor-related cyber risks spiking rapidly, the stakes are too high for CFOs to treat the issue as merely an IT concern, writes cybersecurity consultant AJ Yawn. 

    By AJ Yawn • April 16, 2024
  • The interior of a busy shopping mall.
    Image attribution tooltip
    benimage via Getty Images
    Image attribution tooltip

    Retail sales surge as economy enters Q2 spurred by spend-happy consumers

    After the release of the retail sales data, the Federal Reserve Bank of Atlanta upgraded its estimate for the annualized rate in first quarter GDP growth to 2.8% from 2.4%.

    By April 15, 2024
  • Digital code data numbers and secure lock icons on hacker's hands working with keyboard computer on dark blue tone background.
    Image attribution tooltip
    Techa Tungateja via Getty Images
    Image attribution tooltip

    Cyberattacks pose biggest business threat, small companies say

    Small businesses in professional services are more concerned about cyber risk than those in manufacturing or other services, the U.S. Chamber of Commerce said.

    By April 12, 2024
  • close up of dollar bills
    Image attribution tooltip
    Gordan1 via Getty Images
    Image attribution tooltip

    Inflation outruns forecasts, prompting market bets on fewer Fed rate cuts

    Futures traders cut from 56% to 17% the odds that the Fed will conclude 2024 having trimmed the main rate by more than a half percentage point.

    By April 10, 2024
  • A silhouetted shot shows construction workers laboring in hot conditions.
    Image attribution tooltip
    SonerCdem/iStock/Getty Images Plus via Getty Images
    Image attribution tooltip

    Hiring will likely grow even as economy slows in Q2, Q3: Conference Board

    Employment will likely remain strong as the supply and demand for labor gradually come into better balance, economists said.

    By April 9, 2024
  • Microsoft Headquarters in Redmond, Washington.
    Image attribution tooltip
    Stephen Brashear via Getty Images
    Image attribution tooltip

    Nation-state actors drive up cyberthreats

    Microsoft and Hewlett Packard Enterprise are among companies that have recently reported high-profile cyber intrusions attributed to nation-state actors.

    By April 9, 2024
  • Rendering of digital data code in safety security technology concept.
    Image attribution tooltip
    iStock/Getty Images Plus via Getty Images
    Image attribution tooltip

    Companies fall short on curbing cybersecurity risks from vendors: Moody’s

    Cyberrisks are mounting, with artificial intelligence likely to increase the threat of attack in the short to medium term, Moody’s said.

    By April 8, 2024
  • Image of magnifying glass and the word audit beneath it.
    Image attribution tooltip
    Olivier Le Moal via Getty Images
    Image attribution tooltip

    Deploying AI in accounting poses 12 audit risks: CAQ study

    CFOs see the value of generative artificial intelligence but may not fully grasp its audit risks, according to the Center for Audit Quality.

    By April 5, 2024
  • IRS
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    IRS warns of ‘Dirty Dozen’ worst tax scams to avoid

    The Internal Revenue Service is once again flagging the pandemic-era employee retention credit as a tax claim that it is closely watching.

    By April 4, 2024
  • Federal Reserve Chair Jerome Powell.
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    Powell calls recent inflation, job data high but not game changers for Fed

    The central bank must balance the risks of easing monetary policy too early or too late, Powell said.

    By April 3, 2024
  • The exterior of a U.S. Bankruptcy Courthouse.
    Image attribution tooltip
    GussWilder for iStock via Getty Images
    Image attribution tooltip

    Commercial Chapter 11s jump 43% even as distress outlook eases

    Bankruptcy filings have risen for 20 months. The pace wasn’t sustainable in today's strong economy, American Bankruptcy Institute’s Chris Ward says.

    By April 3, 2024