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Company Board Members’ Struggle to Grasp Cybersecurity Risks: A Risky Proposition for Businesses

September 18, 2023 by Thomas Canova

In today’s interconnected and technology-driven business ecosystem, cybersecurity is a paramount concern. As organizations continue to digitize their operations and data, the risk of cyberattacks looms large. While many businesses invest heavily in cybersecurity measures, a significant challenge persists—board members frequently struggle to understand cybersecurity risks. This knowledge gap poses a serious threat to businesses, … Read more

The Increasing Cybersecurity Challenges for 2023

January 5, 2023January 5, 2023 by Thomas Canova

As we begin 2023, this year will be remembered as the year when cybersecurity strategies and procedures against escalating cyber threats becomes ever more challenging. No longer are organizations scrambling to stabilize their operations amid the disruption caused by the impact of the pandemic, but for all this talk of the “new normal,” the world … Read more

FinCEN Issues Advisory on Kleptocracy and Foreign Public Corruption

May 23, 2022 by Thomas Canova

The Financial Crimes Enforcement Network (FinCEN) today issued an advisory on kleptocracy and foreign public corruption, urging financial institutions to focus their efforts on detecting the proceeds of foreign public corruption—a priority for the U.S. Government as it continues to implement the U.S. Strategy on Countering Corruption. The advisory provides typologies and potential indicators of kleptocracy and … Read more

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