Why CFOs Need to be Drivers of Security Stewardship

When a natural disaster hits, communities are often caught off guard and have to rush to respond. More often than not, these communities didn’t anticipate the disaster and therefore are operating in reactive mode. If they had planned ahead, much of the trauma and impact of the disaster could have been mitigated and controlled more quickly.

The same challenge can apply to an organization that experiences a security breach. CFOs and Board members are always keeping an eye on costs and are focused on appropriate budgeting and spending to meet bottom-line targets.  However, if a meaningful security breach happens, expense controls can go out the window as companies desperately try to close the breach, bring systems back online, and beef up previously lacking security defenses. Even worse, the brand is affected and top-line sales are often lost.

Fortinet Blog