B-School Bulletin: Stern To Get Destructive

Why Asia Has The Cybersecurity Advantage

News from INSEAD

“Most Americans were unfamiliar with credit bureau Equifax, before news broke of its recent data breach. A large number of the 145 million people potentially affected had never directly supplied information to the company. Equifax receives most of its sensitive information from third parties such as lenders, retailers and debt collectors. How much blame, if any, should these entities bear? Perhaps no one could have anticipated the size and scope of the breach, yet it fits an emerging cybercrime pattern that too many organisations are ignoring.

Today’s cybercriminals commonly target the external providers to which companies entrust their data, rather than the companies themselves. For example, months before the world learned of the epic Equifax hack, a subsidiary focused on tax and payroll services suffered a reportedly unrelated breach. Increasing automation of business processes has made it easier for hackers to intercept information undetected, even as companies pour billions of dollars into cybersecurity.

Read more

Fox News has influenced how companies disclose financial news. Legal analyst Gregg Jarrett on the set in 2016. Wikipedia Commons

Fearing Fox News, Democratic-Leaning Companies Delayed Negative Announcements

News from Harvard Business School

“The United States presidential election of 2000 took place in a simpler time. The internet was not yet a major news source, and people kept up with the world through television and print publications, as they had for decades. There was, however, one big media game changer: the Fox News Channel (FNC).

“Founded in 1996 by Australian media magnate Rupert Murdoch, FNC was an unusual newcomer to the US media. While most news sources attempted to maintain at least an appearance of neutrality, Fox News delivered aggressive takes on current events, politics, and business news with what was perceived as a conservative, Republican slant. It made no secret of its ideological position, and had no compunctions about explicitly attacking Democratic causes and politicians on its most popular shows.”

Read more

Wharton Senior Henry Rogers Died ‘Most Likely Of Natural Causes’

News from the Wharton School at the University of Pennsylvania 

“Henry Rogers, a Wharton senior studying finance and marketing, died the morning of Oct. 9, according to an email notification from Vice Provost for University Life Valarie Swain-Cade McCoullum.

“Rogers, 22, died in his off-campus residence, the email said. At Penn, he was a member of Beta Theta Pi fraternity, a former captain of the heavyweight rowing team and part of Cohort Shekel in the Wharton School. He was from St. Louis, Mo., where he attended the John Burroughs School from 2008 to 2014, according to his LinkedIn profile.

“According to a member of Beta Theta Pi, Rogers did not die by suicide.”

Read more

Do You Need A Formal Degree, Or Will A MOOC Do?

News from Duke University Fuqua School of Business 

“We all know that in the modern economy, we can’t just stop learning. But how to keep educating ourselves is a complicated question. Is it a worthwhile investment to get a formal degree, like an MBA or Ph.D.? Should you take a more targeted approach, with a short-term executive education program? Or perhaps DIY it by signing up for an online offering, such as a MOOC?

“As an adjunct professor for Duke University’s Fuqua School of Business, I’ve taught multiple classes for degree programs, as well as executive education offerings. I’ve also independently developed a number of online courses so have thought deeply about which kind of programming is appropriate for professionals’ needs.

“Here are three questions to ask yourself as you’re considering your next educational move.”

Read more

Listeners Glean Emotions Better From Voice-Only Communications

News from Yale School of Management 

“Speedy internet connections and cheap video calling have made face-to-face interaction with far-flung colleagues easier than ever. But a new study suggests that even in a digital age, audio-only conversations offer clear communication benefits: listeners tend to be more accurate at gauging speakers’ emotions during a voice-only interaction.

“The results, published in American Psychologist, are among the first to suggest that our tone of voice — not facial expressions — may be the primary means by which we reveal emotions when we speak.”

Read more