All eyes were definitely on Rihanna at the 2014 CFDA Awards on Monday night in New York City.

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Rihanna walked the red carpet in a glittering, sheer dress designed by Adam Selman that exposed her nipples and her behind. The eye-catching gown also included 230,000 Swarovski crystals and Rihanna accessorized it with a metallic scarf on her head and a white boa.

The 26-year-old singer was also presented the Fashion Icon Award that night by Vogue editor-in-chief Anna Wintour, who said that Rihanna "speaks to her fans with her every look."

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"Growing up I didn't have a lot of access to fashion. But as far as I could remember, fashion has always been my defense mechanism," Rihanna said after receiving the honor. "Even as a child I remember thinking, 'She can beat me, but she cannot beat my outfit.'"

Rihanna, who thanked the designers that inspire her, also explained what fashion means to her, adding, "And I think fashion has been an outlet for me to express myself, to speak up, to say who I am and to be very loud about it at times, and I just like to have fun with it."

She also gave special thanks to stylist Mel Ottenberg. "You honestly get me and you understand what I'm trying to say. I could send you two pictures and you'll bring the rack full of exactly what I wanted," she said.

What are your thoughts on Rihanna's daring outfit? Let us know in the comments below.

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