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Ultimate Access Podcast - Cyber Security - CFO role

Cyber Security - CFO role

Ultimate Access Podcast

05/17/20 • 6 min

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In this episode I discuss Cyber Security and the role of CFO.
As a finance professional it is important topic to consider and be an active business partners.
Some of the links that you might find useful are;

Article from the security magazine

World Economic Forum’s Global Risks Report 2019

Worldwide spending on cybersecurity is forecasted to reach $133.7 billion in 2022. (Gartner)

62% of businesses experienced phishing and social engineering attacks in 2018. (Cybint Solutions)

68% of business leaders feel their cybersecurity risks are increasing. (Accenture)- Study done in March 2018

Only 5% of companies’ folders are properly protected, on average. (Varonis)

Data breaches exposed 4.1 billion records in the first half of 2019. (RiskBased)

71% of breaches were financially motivated and 25% were motivated by espionage. (Verizon)

52% of breaches featured hacking, 28% involved malware and 32–33% included phishing or social engineering, respectively. (Verizon 2019 Investigation Report)

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05/17/20 • 6 min

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Ultimate Access Podcast - Cyber Security - CFO role

Transcript

In today's session, I like to talk about the importance of finance leader to be in the heart of planning of cybersecurity in his or her company. This is certainly part of the digital strategy.
World Economic Forum's global Risk Report. 2019 has ranked financially motivated cyber attacks amongst the top five global risks in the world today.

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