Director of Finance. 5 things you need to do if your company is hacked.

Peter Matthews, Metro CEO, in Director of Finance discussing 5 things you need to do if your company is hacked.

Extract:

5 THINGS YOU NEED TO DO IF YOUR COMPANY IS HACKED.

Failure to plan effectively leads to a failure to respond effectively, says Peter Matthews

A hacker steals your customers’ data, sending your business into a tailspin. The phone rings off the hook, staff shoot questions and the media sniffs a scandal. What do you do?

It is natural for financial directors who are confronted with a tidal wave of panic and plummeting share value to offer reassurance to calm their board, appease the market, stem losses and restore a sense of control. However, if you miscalculate or understate the impacts, that reassurance may well come back to haunt you.

So, what’s the role of the FD in incident management and how can you avoid common mistakes?

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