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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

Building a new life for the future

Against a background of rising populism, crushing austerity and climate change, infrastructure has suffered. Here, Henry Teitelbaum explains how global risks demand sharper focus on the matter.

Glossary Codes and Reporting Routes

The purpose of this booklet is to provide guidance on the use of Suspicious Activity Report (SAR) glossary codes and reporting routes.

Cyber attack response plan

This guide provides an overview of a cyber attack response plan. Organisations of all sizes and types should download this plan today in readiness for when a cyber incident takes place. This will help reduce your business risk and improve business resiliency.

The essential guide to cyber recovery

How to recover in the event of a data breach. This guide draws on expert insights from our volunteers and members, with some very helpful case studies outlining real life examples – one of which is a ransomware example similar to the scenario above, and where the firm did have a backup.

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.

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

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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

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

How to mitigate IOT security risks to tap business benefits

Article looks at how security concerns are preventing many businesses from adopting internet of things-based technologies – but with a planning, the business benefits can be realised by mitigating the risk.

Cybercriminals are cashing in

Article looks at the rise in ransonware attacks and organisations paying to release their data and why this can be dangerous.

Why it pays to invest in cyber insurance

The article offers information on the cyber insurance which provides companies with a layer of protection against potentially debilitating financial damages or data loss incident. It mentions cyber insurance policies can also give businesses access to qualified recovery specialists; and also mentions there are many different types of insurance, including policies covering systems being hacked, data loss, data theft and reputational damage, which is often the biggest issue for bigger companies.

How botnets threaten the IOT ecosytsem

The article highlights the impact of connected technology botnets on the internet of things (IOT) technology. It discusses the role of connected technology in the daily life such as allowing communication with friends and family, keeping up to date with world events, and staying entertained. Topics include exploitation of the connected devices by hackers to harvest sensitive data, send spam and taking control of networks.

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Tech donut

Guidance on IT management topics for SMEs. Covers the following areas: computer hardware; business software; the internt; communications; IT security; buy and manage IT; IT support; staff and IT training.

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.

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More on this topic

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 attack response plan

This guide provides an overview of a cyber attack response plan. Organisations of all sizes and types should download this plan today in readiness for when a cyber incident takes place. This will help reduce your business risk and improve business resiliency.

The essential guide to cyber recovery

How to recover in the event of a data breach. This guide draws on expert insights from our volunteers and members, with some very helpful case studies outlining real life examples – one of which is a ransomware example similar to the scenario above, and where the firm did have a backup.

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.

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