IBM X-Force Interactive Security Incidents visualization of 53 incidents between Jan. 1 and March 30 highlights the cost of such incidents. CFOs have a significant role in the companys cybersecurity. The Financial Industry Regulatory Authority provides guidance on cybersecurity practices for the financial industry, which are also appropriate for most other industries. The CFO is responsible for reporting to the board about the level of risk being monitored and managed, including the company’s exposure and compliance to its data security regime.”]