Securing the Accountancy Supply Chain
Category: Practice Management | Duration: 1hr | Tag: VODIRE2210 | Type: Video | Speaker: Richard Jackson | Date: 24/02/2022 11:30
2022 has started with a significant and worrying surge of cyber-attacks on accountancy firms and software providers. We have seen some very well-known UK firms (such as The Brookson Group, SJD and Nixon Williams) suffer significant cyber-attacks during January and February.
In addition, Intuit Quickbooks experienced a cyber-attack early in February that has sent shockwaves through the accountancy profession. At the core of these events lies the importance of securing the accountancy supply chain and maintaining/recovering normal service as quickly and efficiently as possible. For example, SJD are a Top 50 UK firm yet remain in crisis nearly 3 weeks after their initial attack.
If firms such as these are unable to recover quickly – can yours? Cyber criminals do not differentiate between sizes of business, and many attackers do not specifically seek out the end victim. Often you will suffer the ripple effect of a cyber-attack on your supply chain. As an accountant your business will be internet facing, you will deploy third-party software and as result – you have a risk to manage.
In this session we cover:
Richard Jackson