Technology

Keeping treasury cyber-secure

Published: Apr 2020

Treasury departments are the key to a successful business, so it’s imperative that they’re kept secure from any threats. Join us for this webinar with Royston Da Costa, Assistant Group Treasurer at Ferguson plc, as he explains how the business implemented an award-winning comprehensive treasury policy and established transparent treasury processes.

Ferguson plc has always placed the security of its systems and IT infrastructure as one of its top priorities. Previously, treasury systems were hosted on internal servers, which required a significant amount of time and cost to maintain. Typically, this involved regular testing of the business continuity process and disaster recovery procedures. In addition, the third-party vendor required the company to upgrade at least every two years, incurring further costs and time.

The company’s objective has been to automate and streamline manual processes wherever possible, and the new treasury processes are regularly reviewed using ethical hackers to assist in testing their cyber-security systems. It was this solution that led to Ferguson plc being named the Overall Winner for Best Cyber-Security Solution at the 2019 Adam Smith Awards. Register today for the webinar, to hear more about Ferguson plc’s experience.

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