Ransomware remains cybersecurity’s biggest challenge - (TREASURY NEWS)

Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:

• Bank of Canada’s shocking 100 basis points rate hike to tame inflation
• China’s slowing economy
• U.S. inflation accelerating to a fresh 41-year high
• European Central Bank rolling out new bond instrument to contain the spread on Italian debt
• Risk management processes in U.S. corporations not keeping pace with growing risks
• Ransom payments rising as ransomware remains cybersecurity’s biggest challenge
• Citigroup’s Treasury and Trade Solutions (TTS) business posting a 33% jump in revenue