Accountancy firms have good reason to ensure they are reviewing and mitigating cyber security risks in their practices. They are prime targets for cyber criminals, in part due to the valuable financial data they hold on other companies and the significant payments they make on behalf of clients, for example, for payroll activities. The [...]
‘Quishing’ is a relatively new form of cyber scam, which is based on the familiar ‘phishing’ technique but instead uses fake QR codes to trick victims into disclosing confidential details to waiting cyber criminals. Why are so many people falling victim to Quishing? In recent years QR codes have become prolific both in consumer [...]
Everyone knows that all online accounts should be protected by “Multi Factor Authentication”, known as multifactor authentication for short, or sometimes as 2FA which stands for “Two Factor Authentication”. It’s the simplest thing you can do to increase the security of your online accounts no matter which method you use. Recent studies indicate that [...]
Lawyers are trusted by their clients to protect a significant amount of their most confidential information. From negligence claims to custody battles, a huge amount of personal data is stored by law firms in the management of legal cases: not just personal identifying information but medical records, detailed information about clients’ family disputes, wills, [...]
In the face of a startling increase in the sophistication and frequency of cyberattacks in the UK, especially against essential everyday services including water, energy, and transport, the UK government has confirmed their plans to strengthen the Network and Information Systems (NIS) Regulations to protect these essential and digital services from cyber threats. What [...]
Banks manage an enormous amount of highly sensitive personal data, making the ongoing sophistication and ever-increasing frequency of cyberattacks a serious consideration for the banking industry. Banks are also an especially attractive target for cyber criminals since they have an enormous amount of funds, enabling them to satisfy extortionate ransom demands. It is therefore [...]
Impressive advancements in technology are made daily, including an increase in the sophistication of cyber security threats. As cyber criminals continue to become more advanced in their approach, an ever-increasing challenge is posed to accounting firms in particular. To ensure client data is secure, it is essential that accounting firms are aware of the [...]
In the King’s Speech introduced by the new UK government in July 2024, the UK Cyber Security & Resilience Bill was one of two pieces of legislation introduced to strengthen the UK’s cyber defences. This bill is part of the UK's broader strategy to bolster national security against cyber threats and follows legislation brought [...]
Accountancy and law firms have pivoted from having an office-based workforce to a significant proportion of staff being more mobile and working from home. This has had a significant impact on IT systems, with many organisations opting to switch their case and practice management to cloud or hosted provision. Whilst most firms now have [...]
The stability and security of IT systems may be something brought to your attention recently on a global scale; July 2024’s IT outage saw transport, healthcare, banks, and media outlets affected by an issue that originated with Crowdstrike, a cybersecurity company based in America. Whilst this particular problem wasn’t caused by a security breach, [...]
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