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Cyber risks are escalating as the price tag attached to cybercrime explodes. While many of the incidents recently in the headlines involved data breaches and ransomware, the risks that face corporate treasuries in particular have been brought home by the mounting costs of business email compromise scams and cyberthefts that involve the SWIFT financial messaging system.
Susan Kelly is a business journalist who has written for Treasury & Risk, FierceCFO, Global Finance, Financial Week, Bridge News and The Bond Buyer.