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Simon Consulting
@SimonConsulting
When a company suffers a catastrophic financial breach, executives almost always point fingers at external threat actors. In reality, over 70% of corporate treasury drains stem from internal control failures, social engineering, or single-point-of-failure authorization pipelines. Here are three non-negotiable IT & fraud safeguards every CFO must enforce today: ๐Ÿ‘‡

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Simon Consulting · 1w
โžŠ Segregation of Duties (SoD): The team member initiating an outgoing payment or modifying bank/wallet records must never hold the administrative clearance to approve it. โž‹ Cryptographic Multi-Sig Thresholds: Moving operational capital must require a minimum M-of-N threshold across geographicall...