Cybercriminals aren’t just targeting IT teams anymore. Increasingly, finance and accountancy (F&A) professionals are finding themselves in the crosshairs. With financial fraud losses surpassing $500bn (£375bn) globally each year according to the Nasdaq Verafin 2024 report, the threat to financial operations is growing.

However, many finance professionals still see cybersecurity as a problem for IT rather than a core financial risk.

F&A teams play a critical role in protecting their businesses from cybercrime. They handle sensitive financial data, manage payments, and ensure compliance with regulatory standards – all of which make them prime targets for attackers.

Understanding the risks and taking proactive steps to mitigate them is essential for safeguarding a company’s financial health.