cyber risk Archives - CFO

5 Cybersecurity Questions CFOs Should Ask CISOs

5 Cybersecurity Questions CFOs Should Ask CISOs

Armed with the answers, chief financial officers can play an essential role in reducing cyber risk.

By Bob Violino | July 18, 2022

Cybersecurity Vulnerabilities Need Addressing

Cybersecurity Vulnerabilities Need Addressing

Strengthen cyber defenses by guiding organizational behavior and reducing tactical errors.

By Craig Callé | May 17, 2022

Budgeting for Cybersecurity Requires a New Approach

Budgeting for Cybersecurity Requires a New Approach

It’s time for CFOs to dump the traditional line-item method to setting cybersecurity spending.

By Vincent Ryan | September 7, 2021

Assessing Cyber Risk: Metric of the Month

Risk Management

Assessing Cyber Risk: Metric of the Month

Your organization is almost guaranteed to be hit by a cyberattack at some point. Is your business ready?

By Perry D. Wiggins, CPA | June 1, 2021

Is Data Security Risk Crowding Out Other Priorities?

Is Data Security Risk Crowding Out Other Priorities?

Research into finance executives' concerns consistently finds that they're prioritizing the safety of data above all other matters.

By David McCann | September 13, 2019

Overcoming Cybersecurity Communications Barriers

Overcoming Cybersecurity Communications Barriers

There remains a problematic disconnect between the languages spoken by cybersecurity professionals and a company's senior executives and board.

By David McCann | August 20, 2019

Are CFOs Naive on Cyber Insurance Value?

Are CFOs Naive on Cyber Insurance Value?

The insurance doesn't cover many of the losses finance chiefs think it does, research suggests.

By David McCann | August 12, 2019

Moody’s, Israel’s Team8 to Offer Global Cyber Risk Standard

Risk Management

Moody’s, Israel’s Team8 to Offer Global Cyber Risk Standard

The joint venture will assess how vulnerable businesses are to cyber attacks.

By Lauren Muskett | June 27, 2019

Vendor Risk: The Second-Class Citizen of Cybersecurity

Vendor Risk: The Second-Class Citizen of Cybersecurity

Here's how companies can give vendor risk management the attention it deserves for warding off cyber attacks.

By Craig Callé | March 20, 2019

Chief Audit Execs: Internal Audit Can Do Better

Chief Audit Execs: Internal Audit Can Do Better

CAEs say their function doesn't make adequate efforts in communicating with the board and management, among other shortcomings.

By David McCann | March 6, 2019

Cloud Security In Question

Cloud Security In Question

The migration to public cloud platforms is causing a buildup of cyber risks that could leave businesses financially exposed.

By David Katz | May 1, 2018

Risky Business

Among the various threats to corporate well-being, one — the vulnerability of sensitive data — stands out from the crowd.

By Josh Hyatt | February 21, 2018

Giuliani: Trump Has Long Way to Go on Cyber Risk

Giuliani: Trump Has Long Way to Go on Cyber Risk

The president’s cyber adviser and former New York City mayor thinks cyber-defense systems are five years behind the hackers.

By David Katz | October 31, 2017

Many Companies Taking a Pass on Buying Cyber Insurance

Risk Management

Many Companies Taking a Pass on Buying Cyber Insurance

Lack of a standard language, concern over potential coverage gaps, and uncertainty over the value of policies are making businesses wary.

By Vincent Ryan | February 23, 2017

Should U.S. CFOs Worry About EU Cyber Risk Rules?

Should U.S. CFOs Worry About EU Cyber Risk Rules?

Compliance will motivate firms to update their current processes and methodology to assess cyber risks and the related potential business effects.

By Kevin P. Kalinich | February 10, 2017