Cybersecurity: The Sixth 'C' in Credit

Tell us what you love about Extra Credit and what topics you want covered!🪪Cybersecurity has emerged as a critical component of credit management. As businesses increasingly rely on digital platforms for transactions, data storage and communication, the risk of cyber threats has escalated, making it essential for credit professionals to prioritize cybersecurity in their risk assessments.🔐Factoring in the risk cybersecurity poses in credit decisions is no longer a choice but a necessity to safeguard sensitive information and ensure the financial stability of both companies and their partners.Connect with us on LinkedIn: @Nacm-National @FCIB