Ukraine crisis: the cyber threat from Russia is real
As politicians and businesses take a public stance against Russia, members should be prepared for some kind of retribution from its cyber agents.
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.
Featured items
In this section
Features and articles
ICAEW Cyber round-up: November 2023
As the run-up to Christmas starts in earnest, we observe more news in the cyber realm, from threats to the organs of our nation to how attacks might come from unexpected places.
Cost-of-living crisis fuels charity fraud risks
As Charity Fraud Awareness Week 2023 kicks off, the latest Charity Fraud Report shows that instances of fraud across the sector continue to rise.
Blockchain can ensure trust in financial services
Enhanced trust, efficiency and security in financial markets make blockchain a promising innovation for the future of trading and asset management.
ICAEW Conference: AI, automated ESG and copilots
Key takeaways from the ICAEW Annual Conference, where artificial intelligence and technology took centre stage.
Guidance
IFRS 15 Revenue from contracts with customers
IFRS 15 Revenue from Contracts with Customers sets out the principles for when revenue should be recognised and how it should be measured, together with related disclosures. This factsheet answers some key frequently asked questions about the standard.
Cyber security: How to keep your organisation safe and secure online
This cyber security guide explains how to best protect yourself, your business and your clients from cyber risks and threats. You can also find additional information in our dedicated cyber security resource centre.
Is your business cyber secure?
A guide to protecting your accountancy business from cyber-attacks.
Complete the FDW eLearning course
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Webinars and recordings
Cyber security, taxing green travel and public finances
On the latest ICAEW Insights podcast episode, we explore the month’s key developments in accountancy.
Why cyber security makes good business sense
This webinar provides an opportunity to hear first-hand from the City of London Police what they are seeing on the ground in relation to cyber attacks on small and medium sized businesses.
Cybersecurity for the accountancy profession: Managing risks and busting myths
Cybercrime is a major threat to all organisations regardless of size. This webinar will provide key takeaways to help your firm manage risk and stay safe.
Cybersecurity for the accountancy profession: managing risks and busting myths
In partnership with Mitigo, learn how to protect your firm from the latest cyber threats. This free one-hour webinar will help support accountancy firms build resilience against cyber-attacks and provide some key takeaways to help your firm manage risk and stay safe.
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.
Industry press
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
Hackers: we won't let AI get the better of us
The article discusses how artificial intelligence (AI) is impacting ethical hackers' work. It discusses AI can disrupt certain aspects of penetration testing and bug bounty programs; the hacking community believes that AI will never be able to replicate the creative thinking essential for ethical hacking; the use of generative AI by hackers, demographic shifts among hackers; and how the younger generation's different perspective on technology is influencing the cyber landscape.
Getting data sorted
The article focuses on data classification as a pre-requisite for data protection, security, and compliance, and it explores the tools available for data classification, including offerings from major tech companies as well as open-source options. It mentions these tools use machine learning and artificial intelligence to automate data classification, ensuring accurate data management and governance.
ICO under fire for taking limited action over potentially life-threatening data breaches
The article focuses on criticism directed towards Information Commissioner's Office (ICO) for its limited enforcement action against Thames Valley Police (TVP) and the Ministry of Justice (MoJ) regarding serious data protection failures that jeopardized the safety of witnesses and prisoners.
Resiliency and strategic risk management: Protecting strategic value includes a mix of metrics, cybersecurity, reputational risk management, and more
The authors discuss how CFOs and boards can support strategic resiliency and risk management skills as core competencies for creating and protecting long-term value. In a conversation together, they look at tools for long-term value creation, cybersecurity and resiliency, strategic resiliency and risk assessment, reputation risk, skills for business leaders, strategic life-cycle analysis and lessons on resiliency from bank failures.
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.
Useful links
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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Data protection and privacy
In the nick of time: EU grants UK data protection adequacy decision
With the 30 June deadline approaching, the EU has agreed an adequacy decision for the UK, allowing the free flow of personal data from the EU to the UK to continue.
Data Protection
Data protection and privacy are matters of professional concern to accountants in practice, industry or commerce.
Cyber security
This resource centre provides a focal point for ICAEW members looking for support in managing cyber risks.
ICAEW Data Analytics Certificate
ICAEW Data Analytics Certificate programme will help you combine your commercial acumen and business knowledge with data analytics expertise.