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Is Your Board Prepared for New Cybersecurity Regulations?

CFO News Room

Boards are now paying attention to the need to participate in cybersecurity oversight. As cyber threats increase and companies worldwide bolster their cybersecurity budgets, the regulatory community, including the SEC, is advancing new requirements companies will need to know about as they reinforce their cyber strategy.

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How CFOs and businesses should mitigate cybersecurity risks in 2024

Future CFO

CFOs and businesses should expect higher cybersecurity risks in 2024 such as more large-scale cyberattacks on supply chains and critical infrastructure, said Kaspersky recently. In addition, nearly one-in-five (16%) of those surveyed admitted they do not have the budget for adequate cybersecurity measures.

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Managing the rising cost of cybersecurity: Strategies for CFOs

CFO Talks

Cybersecurity has become an increasingly critical concern for businesses across the globe, with cyber threats evolving in sophistication and frequency. Recent incidents, such as the deepfake CFO scam in Hong Kong , underscore the pressing need for robust cybersecurity measures.

CFO 52
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Board executives believe their companies will never face cyberattacks

Future CFO

Cybersecurity education is an issue, and it starts at the top Survey results indicate that only 37% of companies in Singapore believe board executives truly understands cybersecurity, despite cybersecurity expenditure and self-assessed maturity increasing in Asia Pacific and Japan (APJ) organisations over the past 12 months.

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How a good cybersecurity plan can save money and time

Future CFO

Aditya of Singapore-based technology company Xaltius shared in an interview with Philippine Daily Inquirer the ways a good cybersecurity plan can help financial leaders to save money and time. Efficient cybersecurity measures , such as firewalls, intrusion detection systems and employee training, help protect your IP from theft or espionage.

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IoT adoption for finance leaders

Future CFO

The Internet of Things (IoT) is currently revolutionising business operations, enabling data-driven decision-making and efficiency--an area finance leaders must always keep an eye on. The absence of early-stage cybersecurity integration poses a significant hurdle to IoT adoption.

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Mitigating cyber risk: What can CFOs do?

Future CFO

Steve Vintz (SV): In today's landscape, cybersecurity has transitioned from being viewed solely as a business expense to a crucial driver of business success, and crucial for mitigating risks. Organisations are slowly acknowledging that cybersecurity extends beyond the realm of IT and can have significant financial consequences.