CFO Series: Cybersecurity for the CFO: Ransomware and Beyond Webinar

Cyber-crime has increased by over 500% since the start of the pandemic. Many financial leaders are tasked with overseeing computer security, which is typically outsourced. Recall the maxim, trust but verify. Why do we not inspect those we pay to manage our cybersecurity? How many backup plans should we have? Verizon reports that 44% of all data breaches by companies with less than 1,000 employees were caused by malicious employees. How do you test for security? Is insurance enough? What is the 'worst thing that could happen' and how do you prepare for it? We will review a multi-step plan on how to enhance your data integrity. Be prepared, because at the end of day, you will be held accountable and responsible for cybersecurity.

Learning Objectives:

After attending this course, you will be able to...

• Understand the risks of cyber-crime from its sources: inside the organization, external, technology, or people related
• Better your understanding of an organization's risk profile
• Enhance data security

Highlights

The major topics covered in this class include:

• Identifying weaknesses within your cybersecurity
• Some of the more common threats to security
• Understanding your most vulnerable risk - your employees and yourself
• How, where and how many backup plans
• Is an IT Disaster Recovery plan sufficient?
• The pros and cons of the cloud
• Do we truly understand our cyber-insurance policy?
• The need for a method to shut everything down immediately
• How cybersecurity is not for IT alone, it is crucial for the entire organization