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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

Add-ins or bad-ins? The dangers of Excel XLL files.

Most Excel users know about the dangers of running macros received from an untrusted source. However, as Microsoft strengthens its security procedures relating to macros, the danger might increasingly come from another direction: Excel add-ins and, in particular, .XLL files.

How cyber secure is blockchain technology?

Ask about blockchain technology and you will most likely hear of its security benefits, particularly in creating tamper-proof and immutable records. But how secure is it? ICAEW’s Head of Tech Policy, Esther Mallowah, explores the question of blockchain security.

Proforma SOQM Toolkit AUNZ (4)

This proforma quality management toolkit is based on the following standards that were issued before May 2022 and are effective for periods beginning on or after 15 December 2022.

COVID-19 risk briefing

Covid-19 is creating exceptional circumstances and while the country adjusts to life under lockdown, criminals are identifying ways to exploit the vulnerable at this time of uncertainty.

Coronavirus (COVID-19): tech considerations around home working

26 March 2020: coronavirus is forcing many people to work from home to reduce social contact and minimise the associated risk of transmitting the disease. Technology is key to helping people work at home, so what are some of the things to consider when setting up and managing home working for your staff over the coming weeks and months? 

Finance in a digital world

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Webinars and recordings

An introduction why focus on supply chain cyber security

In the series we will look at some of the foundational elements of understanding and managing supply chain cyber security risk, providing practical guidance and considering potential solutions to commonly faced challenges.

Disclaimer: The opinions expressed by external guest speakers in interviews or other publications included on this website are, by their nature, those of the speaker. They are not necessarily fully endorsed by the ICAEW or purport to reflect the official policies and views of the ICAEW or its members.

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

Data classification: what is it and why do you need it

The article explains why data classification is vital to organisations. Topics discussed include tracking of information based on its sensitivity and confidentiality, key elements of a data classification policy, and compliance with regulations such as the General Data Protection Regulation (GDPR). Also mentioned are the basic principles of data management, namely confidentiality, integrity, and access.

AI vs algorithms

Article looks at how Artificial Intelligence uses algorithms and specifically their usefulness in IT security and HR

High cybersecurity risks demand a proactive defense

The article discusses cybercrime and data breaches, which are considered major threats for accountancy firms. Topics include the increase in incidences of breaches that featured ransomware or extortion since 2018. Some of the major defences that should be considered are also mentioned.

Tips for taking cyber cover

The article offers suggestions for taking cyber security insurance and emphasises that transferring risk to an insurer doesn't mean you are risk-free. You should look carefully at what is not included in your cyber insurance cover.

Terms of use: You are permitted to access articles subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.

10 steps to cyber security

Guidance on how organisations can protect themselves in cyberspace, including the 10 steps to cyber security, an introduction to cyber security for executive/board-level staff and an explaination of what a common cyber attack looks like, and how attackers execute them.

A practical guide to IT security

Guidance from the Information Commissioner's Office (ICO) which gives advice for small businesses on how to keep IT systems safe and secure.

Be cyber aware

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

Cloud security guide for SMEs

Guidance from ENISA on the security risks and opportunities of cloud services for SMEs. Includes forms for assessing risks and opportunities and collecting relevant information about the security aspects of a cloud service.

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Cyber security

This resource centre provides a focal point for ICAEW members looking for support in managing cyber risks.

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