What treasury and finance executives need to know about encryption
Treasury and finance executives need to know enough about encryption and security to ensure that those policies not only match the company’s general attitude towards risk, but also account for particular risks associated with certain departments and processes.
Encryption is a good safety measure because in case of a security breach many jurisdictions do not require the public to be notified if the data was encrypted, according to Susan Usatine, a cybersecurity expert at New York-based law firm Cole, Schotz, Meisel, Forman & Leonard.
Read full article at the Association for Financial Professionals (subscription required).