Empowering the CFO

CFOs are taking charge of their organization’s cybersecurity.

The impact of a cyberattack are growing increasingly devastating with organizations spending an average of $5.9 million for each data breach. As a result, industries are spending over $100 billion annually on cybersecurity tools and services – and are still getting breached.

Protecting the organization from these cyberthreats is no longer just the responsibility of the CIO and the CISO. With the cost of breach growing increasingly costly, CFOs must take on an active role in securing their organization’s data from attack. Fortunately, the cyberthreat landscape has changed and the risks are clear, measurable and material.

Understanding your cybersecurity risk is an ongoing, cross-functional effort that must be refreshed as your organization evolves. Explore the top three ways CFOs can help protect their organization’s data from cyber threats with our “Empowering the CFO” Vantage Point. You can also search through our Knowledge Center for more infographics and resources to learn more about securing your data.

 

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