With cyber-attacks continuing to dominate the headlines, corporate treasurers remain prime targets. Having seen the attempts made against his treasury department first-hand, Christof Neilischer outlines his cyber risk strategy at Willis Towers Watson.
SWIFT has recently launched a new initiative aimed at detecting whether users of the SWIFT network are compliant with basic security controls. On paper, this looks like a sound initiative but is it a good idea in practice? François Masquelier looks at how this will affect corporates.
Treasurers are constantly challenged to be more efficient and innovative in driving forward the treasury strategies that are aligned with the underlying business, supporting working capital goals and embracing new technologies. But how best for companies to thrive in this age of disruption?
Despite the many challenges, treasurers should remember that the stringent requirements may have a silver lining. Regulatory compliance may provide the opportunity for companies to become more transparent and make their internal processes more effective and efficient.