From: City A.M.
by Tim Wallace
MOST finance firms plan on hiking spending on cybersecurity and data management this year, according to a study published yesterday by recruiters Robert Half.
Coping with new regulations had dominated the survey of chief financial officers (CFOs) for several years, and the change onto security marks a new era in challenges facing the sector.
The study found 52 per cent of finance bosses plan to increase spending on cybersecurity.
In part that cash will go into hiring more staff – 39 per cent expect to take on more employees to cope with the extra work in the area.
The spending on cybersecurity comes at a time when firms are investing heavily in technology. Robert Half found 64 per cent of large firms want to upgrade their systems to improve customer experiences.
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