Kaspersky warns of new corporate cyber threat, Deutsche Bank supports eSignatures, and the SEC questions ICICI Bank over accounting doubts.
| | BUSINESS TO BUSINESS EDITION | B2B Payments Fraud Tracker |
Corporate Cybercrime Makes Inroads In Australia Australiaâs corporate entities are being hit by cybercrime, with bad actors posing as customers and suppliers, committing payments fraud and other scams. And, in a smattering of examples across the U.S., allegations of misrepresenting overtime and misclassifying employees show two avenues of ripping off the government. |
Simulated Cyberattacks Reveal Corporate Passwords Are Weak, Internal Threats Are Strong If your password to a company account is "Password1234," change it â immediately. Professionals are making it almost too easy for cyberattackers, according to Rapid7, which spent 10 months simulating cyberattacks on company networks. The firm's report finds password strengths are low, internal threats are high and corporates may not be as protected as they think. |
| Small Business Accounting | From Cash To Fraud, Restaurant Owners' Accounting Woes Run Deep Restaurants are notorious for being a difficult business to get off the ground. It's no surprise, considering the industry remains cash heavy, with risks like employee and vendor fraud adding to the challenge. Dev Purkayastha, founder and CEO of Indevia Accounting, says reliance on part-time bookkeepers can make matters worse. He spoke with PYMNTS about how restaurant owners can begin to overcome these financial hurdles. | | |
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