Risk management and fraud news from around the web: December 9 – 13, 2024

Macy’s delays Q3 earnings after accounting employee hid up to $154M in expenses: Trial Balance 

The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with the company. 

A new report shows QR code phishing is on the rise 

The Q3 2024 Phishing Report from KnowBe4 unveils the email subjects most commonly clicked in simulated phishing exercises. 

CFO confidence up after Trump’s win — Duke-Fed survey 

Concerns about monetary policy and economic health have decreased, but political climate and labor quality concerns have risen as CFOs prepare for a new U.S. presidential administration. 

UK business leaders struggle to recognize cyber risk as a financial threat 

IT and financial leaders at the UK’s largest firms have a poor understanding of cyber risk as a financial risk, despite 74% of mid-to-large UK businesses experiencing cybercrime, according to a new survey.