In an article entitled “Securing the Business of Payments,” CIT’s View from the Middle reports on the importance of securing your business transactions against cyber threats. The article quotes CIT’s Greg Winthroath, Managing Director of CIT Treasury Management, who says, “”Companies tend not to think about these threats, especially when they’ve got one person running the show, but this should be part of their DNA. This is part of the survival of the company.”
The article explores the risks of today’s “digital-only” business payment systems. It details the specific issues digital cash management presents and the importance of vigilance against sophisticated attacks. It also outlines the steps companies can take to ensure that they are aware of cyber threats and have an action plan.
The full text of the article is here.
