Data security should be everyone’s concern, but when it comes to senior executives, the responsibility goes up a few notches. And it’s not just the CEO and the CIO who need to be abreast of it, but also the CFO – the person in charge of the finances.
Security breaches are commonplace. While the high-profile ones will make headlines, there are millions of far smaller ones which don’t – but that doesn’t mean they haven’t happened. The problem is growing, too, as the number of records exposed in data breaches rose by 97 percent in 2015. It’s not hard to see why: hackers make money by targeting information, with whole companies set up for this purpose.
So, as a CFO, what do you need to consider when it comes to information security? Here are our top five things you need to know: