CFOs Suit Up for Cyber War as Risk Management Evolves

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Managing risk effectively is one of the best ways to unlock business growth.

Risks range from financial and macro events to geopolitical and supply chain disruptions, and chief financial officers are tasked with stepping up to keep their organizations secure.

Traditionally focused on financial risks, CFOs are now finding themselves not only managing funds but also protecting the company’s assets from fraud and other threats. Ecosystem dangers like cyber threats, data breaches and more pose risks to organizations’ financial stability and reputation.

The shift toward digital transformation has exposed companies to new vulnerabilities, making cybersecurity a strategic imperative — and making CFO buy-in crucial for standing up an effective defense that enables sustainable business growth.

In today’s operating environment, leadership in cybersecurity is no longer confined to the IT department but requires a collaborative effort across the organization.

Read also: 4 Ways CFOs Are Steering Around Challenges and Ahead of Competitors

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