12 Oct Cybersecurity FAQ: How Do CFOs Collaborate With CISOs?
in Blogs
This week in cybersecurity from the editors at Cybercrime Magazine
Sausalito, Calif. – Oct. 12, 2026
– Read the full story in TradeFlock
The toll of cybercrime on the global economy is staggering, estimated at $10.5 trillion annually, more than the total value of illegal drugs traded worldwide, according to Cybersecurity Ventures.
For chief financial officers (CFOs), that midnight alert isn’t just an IT issue; it’s a financial crisis waiting to happen, a sign of vulnerabilities threatening to upend balance sheets.
How should a CFO collaborate with the chief information security officer (CISO)?
A CFO should act as a strategic partner to the CISO by translating technical vulnerabilities into financial risk models that the board can easily understand. While the CISO identifies operational vulnerabilities and infrastructure needs, the CFO evaluates those technical requests against capital allocation priorities to ensure security investments map to critical business assets.
TradeFlock, one of the fastest-growing business magazines in India, has more FAQs around cybersecurity and CFOs.
Read the Full Story
Cybercrime Magazine is Page ONE for Cybersecurity. Go to any of our sections to read the latest:
- SCAM. The latest schemes, frauds, and social engineering attacks being launched on consumers globally.
- NEWS. Breaking coverage on cyberattacks and data breaches, and the most recent privacy and security stories.
- HACK. Another organization gets hacked every day. We tell you who, what, where, when, and why.
- VC. Cybersecurity venture capital deal flow with the latest investment activity from various sources around the world.
- M&A. Cybersecurity mergers and acquisitions including big tech, pure cyber, product vendors and professional services.
- BLOG. What’s happening at Cybercrime Magazine. Plus the stories that don’t make headlines (but maybe they should).
- PRESS. Cybersecurity industry news and press releases in real time from the editors at Business Wire.
- PODCAST. New episodes daily on the Cybercrime Magazine Podcast feature victims, law enforcement, vendors, and cybersecurity experts.
- RADIO. Tune into WCYB Digital Radio at Cybercrime.Radio, the first and only round-the-clock internet radio station devoted to cybersecurity.
Contact us to send story tips, feedback and suggestions, and for sponsorship opportunities and custom media productions.

