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Showing posts from December, 2021

4 reasons why cybersecurity is important for CFO

For companies worldwide, data security and privacy continue to be among the top challenges faced by organizations. Cyber attacks can have a devastating impact on the company’s finances and reputation which is the CFO’s core responsibility. For this purpose, the CFO works closely with cybersecurity professionals. It not only improves cyber risk management but also helps him in various other aspects of his job. Here is how cybersecurity plays an important role for CFO’s. 1- Aligning business and security CFO works closely with the security team which helps him to ensure that the cybersecurity strategy aligns with the overall business strategy. 2- Technological understanding Working with C-suite broadens the technical understanding of the CFO. It helps them to improvise their risk management skills. 3- Regulation and breaches In case of any breach, the CFO, with the help of cybersecurity, understands the extent of the damage. It helps him to avoid heavy penalties and fines in the future.

Are your cryptocurrency investments legal? Risk safety and everything you need to know

India is estimated to have over 10M + crypto investors and this number is amplifying every day.  Indian cryptocurrency exchanges confirm that they are adding people to their platform at a the faster rate in 2021. Even though investors are keen on exploring cryptocurrency, a large number of investors are still hesitant. Below, we'll highlight some of the emerging legal implications and risks associated with investing in cryptocurrencies that everyone must know. Cryptocurrency; a boon or a curse? Cryptocurrency has gained ground in India now, and the market is booming with increasing young retail investors. But one missing piece of the puzzle holds back millions of Indians from wholeheartedly diving into cryptocurrencies.  How legal is cryptocurrency? Here is the answer. People confuse the unregulated aspect of cryptocurrencies with being illegal. Cryptocurrencies are not illegal; cryptocurrencies are unregulated. We can buy, sell and trade cryptocurrencies, but we do not have a reg