March 26th, 2018

Cybersecurity Risks on Radar

Posted at 1:00 AM ET

Cybersecurity risks are increasingly being managed as a result of growing use of technology. Organizations’ Treasury and Finance functions are tasked with managing risks resulting from recent technology adoptions. Three-fourths of corporate practitioners report that cybersecurity risks have surfaced at their companies as a result of the increased use of new technologies. Slightly less than half cite operational risk as a concern (47 percent), followed by business continuation (41 percent).

This finding from the 2018 Association for Financial Professionals (AFP) Risk Survey highlights the challenges facing finance and treasury professionals as they help their organizations navigate the deep disruption occurring across all economic sectors. The 2018 AFP Risk Survey, presented in partnership with Marsh & McLennan Companies’ Global Risk Center, captures the views of senior finance and treasury professionals on the greatest threats to their function and organizations over the next 18-36 months.

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