The Chartered Institute of Management Accountants (CIMA) unveiled the latest version of its CGMA Cybersecurity Tool, according to a press release.
The technological advancement is designed to help finance professionals tackle the growing threat of cyberattacks through robust risk management, response, and remediation strategies.
This move comes amid the now becoming rampant cyberattacks, which have been proven to have become more sophisticated and costly.
The tool features actionable steps to assess and respond to cybersecurity risk, guiding finance professionals on:
- How to protect sensitive data
- Influencing software investment decisions to prevent, detect and neutralise cyber threats
- Risk management and governance structures
- Incident response and recovery
- Evaluating cyber security insurance