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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

Keep your charity safe

New helpsheet for charities on keeping themselves safe in the pandemic and beyond, issued in December 2020 by the Fraud Advisory Panel, the Charity Commission, the National Cyber Security Centre and others.

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 guide: cyber hygiene and data

Criminals thrive in times of uncertainty and fear, and the UK’s National Cyber Security Centre (NCSC) has already reported an increase in cyber threats which refer directly to the coronavirus. This guide outlines the key steps to basic cyber hygiene and highlights some useful resources.

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

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

BA breach penalty sets precedent for future effectiveness of GDPR

Article looks at the ramifications of the reduction by 90% of BAs fine for a 2018 data breach where the information on hundreds of thousands of customers was stolen.

Double extortion attacks and how to stop them

Article reports on the rise of the ransomware tactic known as 'double extortion' where the hacker not only encrypts data and demand a ransom to regain access, but also threaten to upload the data online if their terms are not met.

10 cybersecurity practices your firm needs now

Article outlines how remote working calls for more vigilance than ever. As firms work remotely and cloud applications and security become more important than ever, accountants should be thinking about cybersecurity in new ways.

Data governance in digital transformation

The article discusses how to do safe data governance amidst the digital transformation of an organisation. Also cited are the benefits of data governance in organizations like enhanced competitiveness, better reputation, and lower costs and fines associated with data breaches, as well as the five pillars of data governance, including workforce development, organizational structure, data policies, and technology infrastructure.

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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.

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More on this topic

November 2020 Update: Data protection and Brexit

When the transition period ends on 31 December 2020, the UK will become what is known as a ‘third country’ by the EU. This means UK organisations or individuals cannot assume they can continue to process the personal data of EU data subjects in the same way as now.

* 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.
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