CFOs should begin their cyber security initiatives by identifying their companies' most valuable assets in the eyes of competitors, nation states and other hackers, and ill-intentioned insiders.
“If a company has not had a cyber incident,” notes Ernst & Young LLP’s Chip Tstantes, “they're not looking and someone's not doing their job.” Tstante makes a good point and raises an even better question: Whose job is it to manage the organization’s cyber-security? Most of us would respond by pointing to the information technology (IT) department. But as companies grow more reliant on data—and as effective risk management grows ...
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