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Why investing in cybersecurity just became a ‘must-have’ for CFOs

Good morning. As the U.S.–Iran conflict continues, banks and corporations face heightened risk of Iranian or proxy cyberattacks—not only on their systems but also on the vendors and service providers that support finance operations.

For CFOs, this is no longer a back-office IT issue; it’s a balance sheet, liquidity, and disclosure risk.

“We’re in the midst of annual planning cycles and insurance renewals, which makes this the critical window for CFOs to reassess vendor cyber resilience and coverage adequacy,” Joy Mbanugo...

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