Scammers siphon $25M from engineering firm Arup via AI deepfake ‘CFO’; CFO turnover at public companies soared to 3-year high in Q1; First-time CFO looks to sharpen Kyriba’s FP&A approach; Nonprofit MDA CFO attributes $5M cost reduction to streamlined operations, tech
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Cybercriminals utilized AI deepfakes to falsely pose as Arup’s CFO and other employees, leading a staff member to transfer $25 million to Hong Kong bank accounts.
The spike “demonstrates that as economic uncertainty becomes the new normal for organizations, the trepidation to replace CFOs has dissipated,” Russell Reynolds said.
Explore the latest predictions, insights and analysis from Plaid’s Co-founder and CEO, Zach Perret, to help you grow your business. Download the report.
As companies grow, they get increasingly complex, and billing becomes arduous. Learn how finance leaders can integrate and harmonize diverse billing operations, regardless of scale in this playbook.
Many companies are eager to tap into investor enthusiasm for sustainability, and they’re turning to their CFOs to identify ways to measure ESG performance. Learn more in this Trendline.
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