CyberSecure Tech @CybersecureTech
IT Consulting and Security Specialists cybersecuretech.com New York City Joined February 2009-
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Hoch: CFO must be authentic, bring your life to your role. #CFORiskReward
Allen: CFO needs to be worldy, with a variety if experience. #CFORiskReward
Hoch: global interconnected risk is growing, mentions cyber risk. Understand outward connectwd risk. #CFORiskReward
Question about huge risks of what's outside the corporation?#CFORiskReward
Hoch: standards for use of data are needed, it's currently a free for all. #CFORiskReward
Allen: if you're not learning every day, you've wasted a day. #CFORiskReward
Hoch: need is to define risk related problems, use an almost "scientific" method: hypothesize and test data. #CFORiskReward
Allen: information is instantaneous and it brings risk. #CFORiskReward
Allen: CFO must be able to write, express ideas, explain the world, and tell a story. #CFORiskReward
Hoch: CFO must communicate about the numbers without using numbers, use stories, anecdotes, etc #CFORiskReward
Schea: CFO needs to get away from yesterday's numbers #CFORiskReward and look at tomorrow's.
Hoch: in insurance data analytics is where the arms race is going on. #CFORiskReward
Schea, First Savings: big risk in the banking industry is rate of change, tech change, demographics change, etc. #CFORiskReward
Allen: thinly capitalized businesses, tech firms as an example, cannot make mistakes. #CFORiskReward
Hoch: challenge is balancing risk to capital. #CFORiskReward
Jeff Allen: greatest challenge is finding a way to balance growth with financing. #CFORiskReward
Dalynn Hoch of Zurich NA: Email is the first risk she mentioned for corp gov. #CFORisk Reward
St. John's U, School of Risk Management, Astor Place NYC
At "Risk and Reward on a Global Scale: How CFOs can influence culture, risk and strategy".
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