Why CFOs Need to Evaluate and Prioritize Cybersecurity Initiatives

In a post on Rush Hour Times, the author emphasizes the crucial role cybersecurity plays for CFOs and C-suite members. Greg Hatcher, CEO of White Knight Labs, highlights the risks of cyber threats and their potential impact on financial performance, reputation, and customer trust. The article provides recommendations for CFOs to prioritize cybersecurity investments and ensure compliance with data protection regulations. These recommendations include conducting regular security training, implementing access controls, monitoring employee activities, and performing comprehensive risk assessments to identify potential threats and vulnerabilities. Hatcher also stresses the importance of cloud provider security protocols and compliance requirements, as well as the need for employee training on securely accessing and managing cloud data. Finally, the article discusses the cybersecurity risks associated with remote and hybrid working policies, and provides recommendations for minimizing these risks, such as implementing multi-factor authentication and endpoint protection, and setting up VPNs to automatically disconnect when not in use.