Four Ways Finance Leaders Strengthen Cybersecurity
As CEOs and boards become more informed about the extreme threats that cybersecurity lapses pose, their expectations are growing. CFOs’ expanding contributions to fortifying organisational data security, the highest priority identified in Protiviti’s latest Global Finance Trends Survey, play a pivotal role in satisfying those high expectations. Board members demand coherent, relevant and timely updates from their organisations’ CIOs and CISOs on the state of data security and privacy capabilities, as well as clear insights from CFOs on cybersecurity investments: Are we protected? Are we spending enough? Are we investing wisely? How do we know?
Security and privacy of data
Enhanced data analytics
Changing demands and expectations of internal customers
Financial planning and analysis
Challenges with regulations
Profitability reporting and analysis
Process improvement: process and data analytics
* Source: Protiviti Global Finance Trends Survey (www.protiviti.com/financesurvey). In our survey, respondents were asked to rate 42 finance areas based on a 10-point scale, where “1” reflects the lowest priority and “10” reflects the highest priority for the finance organisation to improve its knowledge and capabilities over the next 12 months. Rankings are based on the percentage of respondents who scored these areas at “8” or higher.