CIS CFO and Managing Partner Richard Swinyard added his insight on Cyber Risk
December 11th, 2019
The ongoing war against cybercrime will have profound effects on the role of senior finance executives, corporate boards and their auditors, says Richard Swinyard, managing partner and CFO at Computer Integrated Services, an access management and security services company. The heavy focus on data security and compliance in the audit world will drive CFO behavior in particular, he says: “If companies can show they’re ahead of the curve, it’s a source of competitive advantage.”
This means the CFO must understand the changing cyber-risk environment as well as the evolving regulatory scene, he adds; the biggest challenge will be building knowledge and working out what’s acceptable financially.
Read the full article here.