CIOs And CFOs, Two Parts Of The Same Whole
IT Security Guru, Thursday, May 9th, 2024
The business boardroom: a machine that drives corporate strategy and shapes the future of the company. Such a force requires cohesion and alignment, but silos still exist today. One of the biggest divides lies between the Chief Finance Officer and Chief Information Officer.
CFOs, the keepers of the bottom line, are driven by profitability, whereas CIOs are tasked with achieving technology goals to drive operational efficiency, as well as translating the complex language of digital security to the board. For years, these two C-suite executives stood alongside each other with relatively limited engagement.
But now the landscape demands collaboration. The threats to business assets are increasing and attack methods are becoming ever more sophisticated. CIOs need tools and technology to keep up, but this requires complete business buy-in. The trouble is, if the CFO and other board executives are unaware of the level of risk, friction can occur.