Corpay

37% of UK CFOs surveyed cite cybersecurity and data privacy concerns as a significant barrier to automation

Nearly all (94%) UK finance leaders surveyed plan to increase cyber investment over the next year.

99% of UK finance leaders surveyed have experienced payments-related cyber incidents in the past two years.

More than half (51%) of UK finance leaders are preparing a significant uplift in cyber investment next year.

42% of UK CFOs surveyed identified fraud detection and prevention as an area of their finance operations they would most like to improve through automation.

42% of surveyed UK CFOs identified ‘cybersecurity threats’ as the operational risk they were most concerned about over the next 12–24 months, making it the largest percentage of responses for this risk category.