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Cyber security

Cybercrime and threats to computer systems have become a major concern of businesses around the world. Our growing reliance on IT and the internet has greatly increased the impact of hacking, security failures and the loss of systems. At the same time, cyber attackers have become more sophisticated and organised. How worried should businesses be? And what are the main steps they should be taking? This resource centre provides a focal point for ICAEW members looking for support in managing cyber risks.

In this section

Features and articles

A message from Richard Anning

Thank you for your membership in 2018. We really value your support and hope you have found being a member of the IT Faculty worthwhile.

Software for MTD

During the introduction of Making Tax Digital (MTD), ICAEW is sharing the latest information about the software that taxpayers and agents will need to keep digital records and to submit information to HMRC.

Creating a password/pass phrase policy

This example password/pass phrase policy could be used by an organisation to help protect client and employee data. It is jointly published by ICAEW's Business Law and IT Faculty.

Standards and regulations

Cyber Essentials Accreditation

Cyber Essentials is a Government-backed and industry supported scheme to guide businesses in protecting themselves against cyber threats. Certification against this scheme is increasingly required for any company bidding for government contracts and sometimes their supply chain too.

An essential guide to security standards

Navigating the expanding landscape of information security standards can be a challenge. If you don't know your PCI DSS from your ISO 27001, Lesley Meall's at-a-glance guide can help.

GDPR

The General Data Protection Regulation (GDPR) came into force on 25 May 2018. It applies to everyone trading within the EEA (including UK individuals and organisations).

Finance in a digital world

Finance in a Digital World

ICAEW is collaborating with Deloitte to ensure its members and students have the knowledge and skills to take advantage of the opportunities offered by the fourth industrial revolution and to meet its challenges head on. Log-in to access exclusive content, including: eLearning, webinars and bite-sized summaries on individual technologies and the broader impact of digital technologies on finance.

Webinars and recordings

Building your cybersecurity defences

Stuart Jubb, MD of Consulting at Crossword Cybersecurity, and Nikki Cole, an experienced Non-Executive Director, discuss the processes that Boards should have in place to manage their cybersecurity risks.

Cybercrime and GDPR in the Manufacturing Sector

Dr Jane Berney, Business Law manager at the ICAEW and Professor Jim Gee, Head of the Forensic and Counter Fraud Services Team discuss cybercrime and GDPR in the manufacturing sector

Securing your data and enabling clients to secure theirs

In this webinar, cyber security expert George Quigley, offers advice on how practitioners can keep their own data secure, plus what advice and services they could offer to their clients to help them keep their data secure.

The Library & Information Service provides a hand-picked collection of industry press articles as a benefit of membership. If you are unable to access an article, please see our Help and support or contact library@icaew.com

Taking a closer look at mainframe security

The article offers information on important points about mainframe security. Topics including the mainframes' mission-critical to several businesses and organizations, with 71 percent of the Fortune 500 storing countless instances of personally identifying information (PII), financial information, and health data on the systems, the conspiracy of silence around mainframe vulnerability disclosure, and the importance of automation to vulnerability management, are discussed.

Putting security in context

The article focuses on the importance of understanding data assets and their value to attackers for effective cyber defence. It discusses why the security industry, and increasingly digital organisations must change the way they have approached information security. According to chief executive officer Mark Raeburn, the only real change is that there is already a lot more on the corporate IT network, with almost everything connected.

Don't become a statistic: protecting corporate and personal info in the cloud

The article discusses several ways to protect corporate and personal data in the cloud. These ways include ensuring that the network perimeter is appropriately configured, setting guidelines for staff and upskilling them, and carefully choosing cloud software. It notes that hackers are getting more sophisticated and it can be hard to detect attacks.

Why businesses must report crime

The article offers information on the importance for businesses to report cyber crime. Data breach investigations show that some organizations can take months or weeks to discover a cyber attack, but some are identifiable such as ransomware and distributed denial of service attacks.

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Be cyber aware

Government campaign to raise cyber security awareness. Gives advice on: protecting your device; protecting your data; and protecting your business.

Cyber essentials scheme

Advice from the National Cyber Security Centre to help protect organisations against cyber attacks. There are three levels of engagement , two of which leads to accreditation for certified cyber security.

National Cyber Security Centre

Practical guidance for organisations including 10 steps to cyber security. Also provides information on cyber security threats detected in the UK.

Get safe online

Free expert advice from the Government supported public/private partnership. Personal and business guidance is provided in areas such as hardware, information security, online safety and security, rules, guidelines and procedures, software and ways of work.

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More on this topic

Cover story: Ensuring cyber resilience

As cyber security risks continue to expand and evolve at an increasing pace, so cyber resilience becomes critical to an organisation’s ability to operate. George Quigley covers the best approach in four steps: business assessment, governance and oversight, risk management framework and incident response and recovery.

Information security threats and solutions

Information security is the branch of risk management that seeks to manage threats to organisational information. There are of course all kinds of information security risks. They all need to be assessed and businesses need to decide how to treat each one. This guide is solely concerned with the mitigation of information security risk.

Auditing the cloud: Gaining assurance that the service is safe for business

As an auditor you face the challenge of addressing a burgeoning new form of service delivery that is not directly controlled by the organisation that has entrusted their data to the cloud. This helpsheet is intended to assist internal and external auditors to understand the risks associated with moving organisational activities to the cloud and scope a cloud-based services audit.

Developing a BYOD strategy

This guide is aimed primarily at SME organisations that need an overview of what BYOD (Bring Your Own Device) actually is, how it can be used to the organisation’s advantage and how to start developing their own BYOD and mobile strategy for using and managing mobile devices successfully within their business.

Cyber resilience

In an IT world without obvious boundaries, Amar Singh explains how to avoid cybercrime and bounce back after an attack.

Disaster recovery

This article takes a timely look at the importance of IT Continuity Management and its relationship with Business Continuity Management (BCM), its corporate benefits, key business drivers and milestones in the process, the current threats to operations, and the impact it is having on the resilience agenda.

Cyber security – another view from the top

Kirstin Gillon reports from the second of our roundtable series on cyber security, with guest speaker Ian Livingston, exploring how boards are becoming more engaged in the need to protect their business.

From here to indemnity

With cyber attacks on the rise, the need for businesses to insure against threats is imminent. Arvind Hickman talks to the experts about why prevention is better than cure

Going by the board

In the first of a series of faculty roundtable discussions, information security professionals discuss how boards can help in the fight against cyber risk. This article first appeared in the September/October 2013 edition of Chartech Magazine.

* Some of the content on this web page was provided by the Chartered Accountants’ Trust for Education and Research, a registered charity, which owns the library and operates it for ICAEW.