This IDC Market Perspective discusses how more and more treasury resources are now devoted to monitoring potential weak points in banking structure, supplier management, treasury systems, and payment files. We provide a view of the potential impact of cybercrime on treasury departments, and we provide some guidance based on IDC's assessment of the market, technology, and offerings.
"The threat of cyberfraud is a constant within the corporate landscape. Unfortunately, too many organizations still see cyberfraud as an IT department's issue. More and more treasury professionals are realizing that protecting the corporation from cyberfraud is a growing part of their responsibility." — Kevin Permenter, senior research analyst, Enterprise Applications