All too easily, there can be a vast disconnect between security and finance. Chief financial officers are looking out for every penny, and security departments can be frequently written off as cost centers. However, there has been growing involvement and partnerships in both directions, with CSOs now successfully proving security’s value to the enterprise and CFOs championing security and cybersecurity initiatives to better mitigate enterprise risks.
For example, CFO Magazinerecently reported that CFOs should regularly review cybercrime-related intelligence to determine an enterprise’s risk of a cyber attack, how targeted information could be used by criminals, and what techniques are being used to perform cyber attacks.