Risk management and fraud news from around the web: September 23 – 27, 2024

CFOs shy away from risk amid hazy political outlook: Deloitte 

Bolstering the case for CFO caution, the Conference Board’s Leading Economic Index declined in August for the sixth consecutive month. 

Falsely accused of fraud 

Fraud investigators strive to reveal the truth, but sometimes people are falsely accused of fraud. Here, we examine cases of wrongful convictions with insights from Certified Fraud Examiners and other experts in the field to see why this happens and what mistakes to avoid during investigations. 

26% of execs targeted by deepfakes said fraudster’s aim was financial and accounting data 

And nearly half were targeted multiple times, according to new data. 

Managing cyber-risk is no different than managing any business risk 

A sound cyber-risk management strategy analyzes all the business impacts that may stem from an attack and estimates the related costs of mitigation versus the costs of not taking action.