-
Port strike still looms
Both sides of a West Coast labor dispute are entering extra time as the contract between the Pacific Maritime Association and the International Long Shore and Warehouse Union officially expired June 30.
As expected, both sides are negotiating in an effort to avoid the economic damage from a costly strike on the docks that, according to a recent study, could cost as much as $2.5 billion per day.
-
What the CFO Needs to Know: Data Breaches
▲ Data breaches are on the rise: Mounting an attack on retail systems has become increasingly attractive to attackers because malware can be delivered at very low cost, according to Mark Bower, VP product management and solutions, Voltage Security, a Cupertino, California, provider of data-centric encryption and tokenization.
“So it becomes very attractive to attackers to try and steal credit card and personal data they can monetize very quickly,” he added.
As to the role of a financial chief, “the CFO has the responsibility to look at overall r