Strategic Treasury Insights
Read up on the latest industry trends, new advances in tech, world-class practices, corporate treasury surveys and more... Have Them DeliveredContact A ConsultantCOVID-19: Part 1, Equipping Staff and Securing the Environment
In what has been called a mass experiment in remote work, attempts to mitigate and slow the spread of coronavirus have led many companies to ask or allow their employees to work from home for the first time. Remote work, however, involves different considerations for different departments. Treasury’s considerations are complex, and neglecting proper setup can lead to problems.
Treasury Fraud & Controls, Part 3: Mounting an Effective Defense
We’ve seen plenty of bad news about fraud. Scams are coming faster, more of them are succeeding, and companies’ losses are mounting. Many organizations are under-protected and insufficiently prepared. The data and analysis showing these facts are well-documented. Fearmongering, however, isn’t our goal.
Treasury Fraud & Controls, Part 2: Payoff Size of Fraud Points Explains Continued Escalation of Attacks
In the final quarter of 2018, the average payoff amount for retrieving files encrypted in ransomware attacks was holding steady around $10,000. Early in 2019, the number began to rise, and only six months later it had quadrupled at $40,000. In 2019’s final quarter, the average amount was $84,116, and as if to warn that this number wasn’t going to drop anytime soon, the month of December saw the average rise to an unprecedented and shocking $190,000.
Treasury Fraud & Controls, Part 1: Increased Success Rates and Sophistication Raise Threat Level
Much as we all wish they would, cyber criminals are not sitting on their hands. While these groups and individuals are anything but admirable, we could stand to learn a few things from them in terms of creative innovation, adaptability, persistence, and patient commitment to goals. Our posture, while defensive, must be no less active and intentional than theirs, or we will inevitably fall behind and leave our organizations open to attack.
What Does It Mean to #GoStrategic?
This new year, Strategic Treasurer is challenging everyone – itself as well as others – to “go strategic,” but the phrase is more than a clever play on the company name. So, what do we mean by it?
Strategic Treasurer FAQ Sessions Shed Light on Common Treasurer Queries
Strategic Treasurer FAQ Sessions Shed Light on Common Treasurer Queries It is no secret that the realm of treasury has become a complicated environment to operate within. Gone are the days when treasury’s primary focus was simply executing payments; today, there are a...
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.