Losing important company data can be the equivalent of a country losing control over its most precious energy resource, and finance executives certainly have received this message. Chief financial officers (CFOs) responding to Protiviti’s 2019 Finance Trends Survey ranked data security and privacy as their top priority overall, and their second-highest budget priority. This was even more important for CFOs of companies with data in the cloud.

In this article, Protiviti Managing Director Dalton Curt explains how CFOs can better understand the key aspects of data protection and describes some ways organizations can reduce cyber risk.