The Chartered Institute of Management Accountants (CIMA) has released an enhanced version of its CGMA Cybersecurity Tool to aid finance professionals in confronting the cyber threats.  

The update emphasises the importance of finance departments in strengthening their cybersecurity measures, the professional body said.  

It provides finance experts with guidance on protecting sensitive data, contributing to decisions on software investments for cyber threat mitigation, and implementing risk management and governance practices.  

Additionally, it includes protocols for incident response, recovery, and considerations for cybersecurity insurance coverage. 

CIMA chief executive Andrew Harding said: “Cybersecurity is a key conversation in the world’s boardrooms – it’s about building resilience, ensuring that businesses can stand up to the challenges and meet the opportunities of a digital-first world. It’s a competitive edge. 
 

“Finance professionals have a deep understanding of risk, compliance and reporting, and financial planning. They’re uniquely positioned to help their organisations build resilience against cyber threats.  

“This latest edition of the tool equips them with insight and strategies to manage risks and respond effectively to incidents.” 

In September 2025, the Beijing International Professional Qualification Directory’s 2025 Edition incorporated CIMA’s Digital Management Accounting credential.  

This development is a concerted effort by the Beijing Municipal Human Resources and Social Security Bureau alongside the Beijing Talent Work Bureau to harmonise the assessment process for international professional qualifications. 

The Digital Management Accounting Programme, developed in partnership with the China International Talent Exchange Foundation, is intended to offer professionals with competencies for navigating the digital and data-centric landscape of management accounting.