Accountancy firms manage highly sensitive financial data for clients across every industry. Regulators like ICAEW and ACCA are demanding stronger cyber security - and so are your clients.
Regulatory Pressure
Professional bodies are making cyber security a core compliance requirement for all practices.
Professional bodies including ICAEW, ACCA, and AAT have issued mandatory guidance requiring accountancy firms to implement robust cyber security measures and report breaches promptly.
As part of AML compliance, accountants must demonstrate secure handling of client financial data. Weak cyber security can expose firms to money laundering risks and regulatory sanctions.
Accountants hold payroll data, tax records, and bank details for hundreds of clients - making them an extremely attractive target for cyber criminals seeking financial fraud.
HMRC's MTD initiative requires digital record-keeping and submissions. This expanded digital footprint demands stronger cyber security to protect sensitive tax data in transit and at rest.
Our Solutions
Stay ahead of regulatory requirements and give your clients confidence that their financial data is secure.