5 Lessons From The Collapse Of Silicon Valley Bank
Of all the challenges CFOs have faced in recent years, SVB’s failure created more concern than anything since Covid. Here’s how our community responded—and what was learned.
Of all the challenges CFOs have faced in recent years, SVB’s failure created more concern than anything since Covid. Here’s how our community responded—and what was learned.
Financial leaders must stress calm, safety, diversification, diligence and caution as they guide companies through this period.
The CFO Leadership Council, which counts many SVB customers as members, convened an emergency meeting to help share information.
With greater connectivity comes greater potential for cyber risk.
As the risk of a ‘systemic cyber event’ grows, cyber insurance is getting harder to come by—and CFOs are focusing in on cybersecurity: ‘Were another SolarWinds-type attack to occur, many companies may not be covered for the losses.’
With many organizations looking to transform their supply chains this year, MIT’s Jonathan Byrnes wrote a piece last week on How to Design a High-Profit Supply Chain. In this week’s Part II, he focuses on supply chain management.
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