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In this replay of our recent webinar, our team explores the accounting, regulatory, and industry developments affecting financial institutions today. The discussion highlights current bank accounting matters, emerging AI applications across finance and accounting functions, and key M&A cost considerations, including related financial reporting and disclosure implications.
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Credential overlap, often mistaken for credential stuffing, is a major cybersecurity risk caused by password reuse across multiple accounts. This article explores how attackers exploit this weakness, insights from Elliott Davis penetration tests, and practical strategies to strengthen security and prevent unauthorized access.
The SEC’s new cybersecurity disclosure rules now require public companies to report material cybersecurity incidents within four business days and provide detailed risk management disclosures in annual reports. Organizations must assess the materiality of cyber threats, outline board oversight, and describe management’s role in mitigating risks to ensure transparency for investors.
Cyber threats are constantly evolving, and one often-overlooked vulnerability is clear text password storage. This article explores the risks of storing passwords in plain text, how attackers exploit this weakness, and practical solutions—including password managers, user awareness, and professional cybersecurity assistance—to strengthen your security posture.
