Rhyne's attack involved unauthorized remote desktop sessions, deletion of network administrator accounts, and changing of passwords, showcasing significant security vulnerabilities.
As audit committees confront a rapidly expanding risk landscape, their role in corporate governance is being reshaped. Boards have often turned to current and former CFOs as independent directors, particularly for audit committees, because of their ability to translate complex operational and financial realities into effective oversight.For example, this month, J. Michael Hansen, former EVP and CFO of Cintas Corporation, was appointed to the audit committee at Paychex.
Rather than stolen data making headlines, it was business stoppage that triggered attention. Moving into 2026, the board's focus should be on ensuring business continuity and building resilience in the face of emerging risks generated by AI usage and attack vectors, quantum computing and geopolitics.
There is a growing emphasis on database compliance today due to the stricter enforcement of compliance rules and regulations to safeguard user privacy. For example, GDPR fines can reach £17.5 million or 4% of annual global turnover (the higher of the two applies). Besides the direct monetary implications, companies also need to prioritize compliance to protect their brand reputation and achieve growth.
Businesses are acting fast to adopt agentic AI- artificial intelligence systems that work without human guidance-but have been much slower to put governance in place to oversee them, a new survey shows. That mismatch is a major source of risk in AI adoption. In my view, it's also a business opportunity. I'm a professor of management information systems at Drexel University's LeBow College of Business,