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From hesitation to readiness: The CFO’s evolving role in cybersecurity

From hesitation to readiness: The CFO’s evolving role in cybersecurity

Pages 11 Pages

In the SAP Concur CFO Insights Series, an article titled 'From hesitation to readiness: The CFO's evolving role in cybersecurity' explores the critical shift required for finance leaders. Traditionally outside the CFO's purview, cybersecurity now demands their strategic engagement. The document highlights how CFOs, leveraging their existing skills in investment appraisal, governance, and compliance, can significantly enhance cyber-defense. By embracing this responsibility, CFOs can mitigate financial losses, cultivate a stronger security culture, and achieve competitive advantage, transforming cybersecurity from a reactive cost to a strategic financial asset. The piece emphasizes the importance of IT-finance collaboration and data-driven decision-making for robust security postures, advoca

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