AI & Tech

How CFOs can support the transformation to a digital business model

Research by EY suggests that many finance leaders underestimate the significance that the shift to a digital business model will have for their organisation in the near future.

UK CFOs lead European counterparts in finance function digitisation

Eighty-six per cent of UK finance leaders are confident their digitisation programmes put them in a strong position to address businesses’ challenges in five years’ time. Only 72% of their European counterparts feel the same way.

6 ways to become more resilient to cyber-security threats

Despite efforts to do a better job handling cyber-threats, financial institutions worldwide are still outdone by nimble cyber-criminals. Here are tips for how financial institutions can become more resilient.

Use a layered cyber-security approach to protect crown jewels

Maintaining a strong outer defence to networks and systems may not be enough to protect an organization from data breaches. Cyber-security expert Sajay Rai, CPA, said organizations are adopting layered approaches to cyber-security, with more controls around the most sensitive information.

How internal audit can help manage 10 top technology risks

Internal auditors can play a pivotal role in managing technology risks ranging from cybersecurity to social media.

5 success factors in a strong CFO-CIO relationship

CFOs see the importance of working more closely with chief information officers, but a knowledge gap sometimes gets in the way. A global survey shows that CFOs are paying more attention to the IT function than they did three years ago.

The SMART alternative to Big Data

Lost in a sea of data that delivers no value? Bernard Marr, CEO of the Advanced Performance Institute, explains how to convert raw information into real business results.

Cyber concerns show no signs of cooling off, former US Homeland Security chief says

With growing connectedness of devices and infrastructure, cyber-security concerns are also going to grow, Tom Ridge, the former secretary of the US Department of Homeland Security, said at the AICPA CFO Conference.

Developing economies most likely to benefit from the digital revolution

Developing countries that excel at leveraging information and communication technologies promise to transform and grow their economies. A World Economic Forum study ranks the top ten.

Why concern about talent is now a cyber-security issue

With a rise in cyber-attacks predicted, organisations are struggling to keep pace with hackers and cyber-criminals. One reason, according to a survey: Organisations don’t have confidence in their staff’s ability to respond to incidents, and some report having difficulty filling jobs.

7 ways CFOs can keep up with rapid changes in technology

Rapid change in technology has become the biggest source of pressure on company finance and accounting teams.

CPAs select security as top technology priority

Securing the information technology environment once again ranks as the top technology priority for US CPAs.

As cyber-breaches rise, consumers alter spending, browsing habits

The percentage of Americans who have fallen prey to an information security breach has risen to 25% from 11% the previous year, a new AICPA survey found.

CFOs increase spending on cyber-security

A majority of technology CFOs in a new survey have increased their spending on cyber-security, and a broader survey of finance executives shows increased concern about cyber-attacks.

Accountants prefer problem-solving over number crunching, survey says

Accounting and finance professionals said solving problems gives them the most career satisfaction, ahead of working with numbers, according to a new survey.

Getting finance into the cloud

Finance has been slower to embrace the cloud than other business functions, particularly sales and operations. Here are five steps finance professionals can take to begin implementing the cloud.

The technology trap: The right questions to ask before making an IT investment

CFOs must prepare themselves to make critical decisions regarding IT investments. They don’t need to become technologists, but they do need to ask the right questions to make sure they understand an investment’s business impact.

How to retool the supply chain for e-commerce

Consumer goods businesses can prepare their supply chains to tap the growing global demand for e-commerce without sacrificing profits.

How to manage risks connected with the “internet of things”

Although web-connected products and the “internet of things” provide opportunities for transformative growth, they also may carry substantial risks. Here are important questions to ask when deploying internet-of-things technology.

CIOs in global survey say cyber-security is top priority

Chief information officers in a global survey say cyber-security is a top priority, and more than half of them say budget constraints hold back IT innovation. While IT spending is on the rise, some IT executives say the IT function remains more of a utility and less of an innovation partner.

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