Financial Management (FM) magazine: The hidden risks and costs of ransomware

Preview Mode Links will not work in preview mode

Freely-available podcasts by AICPA and CIMA. We release about 20 episodes every month, and cover a broad range of topics of interest to accounting and finance professionals worldwide.

We combine the strengths of the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA) in a powerful international alliance that promotes accounting and finance in every corner of the world. Today, we serve 580,000 members, candidates and registrants in 150 countries and territories

This selection features all of our active shows. To discover our podcasts that have reached the end of their seasons, search for 'AICPA & CIMA' online or in your podcast app. Get in touch at podcast@aicpa-cima.com

AICPA & CIMA Show(s) Available

The hidden risks and costs of ransomware

Aug 04, 2021

Ransomware is on the rise. Organisations of all sizes are at risk, and finance departments are at the forefront of identifying and mitigating ransomware risks. However, that diligence comes with its own challenges. To help organisations identify the growing risks and cost of ransomware, we talk with Gerry Glombicki, CPA, director with Fitch Ratings insurance group, about how finance professionals should be approaching ransomware.

What you’ll learn from this episode:

How organisations should be assessing their ransomware risk.
How accountants and finance professionals should be preparing for ransomware attacks.
How the growing risk of ransomware can cost organisations in unexpected ways.
Why organisations should be thinking about cybersecurity across the organisation.
The value of ransomware insurance.