Abnormal Security chose Grip to mitigate SaaS risk, not CASB
Company defrauded by ‘deepfake’ CFO identified as engineering group Arup
Arup “notified the police about an incident of fraud in Hong Kong,” confirming “that fake voices and images were used,” according to the company.
CFOs On the Move: Week Ending May 17
New finance chief appointments at Northrop Grumman, Charles Schwab and Saia.
Employers should include workers in AI plans, DOL says
The agency outlined a list of eight “AI Principles for Developers and Employers” on Thursday, following up on a 2023 directive from the White House.
Detroit nonprofit CFO placed on leave pending criminal investigation of financial reporting
The Detroit Riverfront Conservancy chair Matt Cullen issued a statement indicating concerns around the accuracy of financial statements, ordering a forensic audit by PwC and providing the financials to the Michigan state police.
‘Quality audits protect people,’ PCAOB Chair Erica Williams says
“As leaders, we must set the tone from the top down.”
CFOs play a critical role in getting diversity programs right
CFOs should establish benchmarks that tie diversity to improved business results.
75% of employees use AI at work: report
Only 41% of business leaders said they plan to redesign business processes “from the ground up” with AI.
58% of businesses’ long-term debt rose over the past year: report
Companies are sliding deeper into debt.
Former top NJ law firm CFO pleads guilty to $1.5M embezzlement
John Dunlea’s lawyer called it a difficult day for “a highly successful professional and caring family man, who made a terrible decision that he regrets and for which he will pay for the rest of his life.”
Global Real-Time Payments Surged 42% in 2023
The United States had just 3.5 billion transactions last year accounting for only 2% of the total payments volume.