The recent cyber breach of five firms in Mexico and the USD15m exploitation of connections to the SPEI domestic payment system have placed a spotlight on Latin American cybersecurity. How can corporates and their treasuries prevent this sort of breach becoming commonplace?
Managing risk is a priority for treasurers, but methods are changing. Market volatility and sensitivity to global political events, along with new technology and disruptive business models continue to impact business strategy and external market trends.
Closer collaboration across multiple functions should improve the information flowing to the treasurer and CFO, and enable them to better communicate financial performance to investors in a way that helps them understand the risks a company faces.