Imagine the following scenario. Your accounts staff had been communicating with a long-standing supplier. One day, the supplier sends an email stating that payment should now be made into a different bank account. Your company carries out some checks and in the end, makes the payment.
How can accountants use cyber forensics and big data to enhance cybersecurity?
David C Smith, FBI Supervisory Special Agent and Legal Attaché tells how Uncle Sam battles financial crimes and terrorism financing in the ASEAN region.
Accountants are in a powerful position because they can decide what should be included or excluded when it comes to financial matters; bad hats can “cook the books” and manipulate financial statements. While this may be legal in some cases, that does not make it right.
How can you erect cybersecurity defence on a small budget?