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Cyber and information security

Organisations need to understand potential cyber threats and focus on adopting impact-reduction strategies that concentrate on identifying and mitigating cyber threats.

The UK government launched a Cyber Essentials scheme that features guidance and regulations on the importance of protecting your business against common online threats. It is required by law to have an understanding of cybercrimes if your business handles sensitive data on a regular basis, and it’s your responsibility to ensure that you have the relevant training and programmes in place.

Our cybersecurity services safeguard your employees from the risk of malicious activity, which therefore helps to increase productivity. Proving that you have effective protection in place also inspires customer confidence, creating a trusting relationship between yourself and the consumer.

Without a solid protection plan in place, your business, customers and data will all be at risk. The cost to repair the damage caused by a cyberattack can be extortionate, from which some organisations may never recover.

Contact us today to find out more about our information and cybersecurity services and how we can help you.

What is cybercrime?

Cybercrimes and terrorists constitute a real threat to the activities of organisations and companies working in the public and business sectors, causing an information and cybersecurity risk. An example of a cyberattack could include the establishment of a phishing site to steal personal data, through the introduction of viruses and other malicious software to the organisation’s information systems.

Whether an attack is motivated by criminal or political reasons, the consequences for business entities and public bodies alike can be very severe. They can lead to real disruption of business activities, including:
• Loss of critical information
• Disruption of processes and increased vulnerability
• Damage to the image of public business organisations
• Disruption of national and security infrastructures

How do I know if my organisation is safe?

You should ask yourself the following questions to determine whether you believe your organisation to be safe from cybercrime and other malicious activity:

• Do I have in place an existing IT governance programme?
• Am I compliant with applicable laws and regulations?
• Do my computers have up-to-date antivirus software installed?
• Have my staff received the relevant cyber and information security training?
• Are my remote and wireless networks fully secured?
• Can my existing IT network withstand a malicious hacker?
• Do all employee passwords meet industry standards?
• Will I know if I have been victim of a data breach?

If you answered “no” to at least one of these questions, you could benefit from the help of our cybersecurity experts. Get in touch with the team today.

What’s the difference between cybersecurity and information security?

Cybersecurity

The majority of business operations are heavily reliant on the use of computers and digital software. From hosting applications to internal communications, IT assets play a crucial role in the fundamentals of company operations.

Cybersecurity helps to secure computer systems, devices, networks and applications from a wide range of cyberthreats and attacks. Failure to have this in place could put your sensitive data at risk.

Information security

Many companies often have to collect customer data and generate this internally. Information security refers to the protection of this data and other personal information. Any form of breach to this data could cause serious damage to both the customer and the company, potentially destroying the organisation’s reputation as a trusted business.

A data breach may occur if a corporate database is broken, encrypted or wiped, resulting in the company’s inability to access important data. This doesn’t have to be just digital, though. The company may experience similar damage if a filing cabinet has been wrongly accessed or if all paper records have been destroyed by the event of a fire, for instance.

How can our cybersecurity experts help you?

Our team of experts will provide you with a full package of cyber and information security services to ensure that your exact business needs are fulfilled. We take a holistic and strategic approach to keep your business operations moving efficiently.

We understand that security is your number-one priority, which is why our team will advise you on the best course of action to protect you and your business from unwanted and malicious cyber activities.
Our services include:

• Internal audit and assessment of your current IT processes
• Cybersecurity vulnerability and risk assessments
• IT governance development and business strategy alignment
• Disaster-recovery and incident-response plans

To learn more about the services that we offer, simply find your nearest Kreston firm today.

Why choose Kreston Global

We operate across 115 countries and have a global network of 25,000 people in 160 independent accounting firms. We have a global outlook and strive to help businesses succeed on an international scale. Each of our global member firms comply with the International Standards on Quality Control, International Standards on Auditing for the Conduct of Transactional Audits and the Code of Ethics as issued by the IESBA.

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We have a wealth of knowledge and experience which allows us to tailor our services to the needs of our clients across a variety of market sectors. We’ll get to know the workings of your company in depth in order to support you and your business moving forward. Furthermore, when you become a member, you’ll gain access to all of the information and expertise that our professionals have.

Our selection of client success stories is a testament to our quality service. One example includes Kay Ahmed, Group FC of textile giant the DMC Group, who found our UK member firm Kreston Reeves to be “professional, honest and helpful”.

“Their advice is based on facts and is compliant with current regulations,” she added. “I will not hesitate to recommend Kreston Reeves to anyone for their accounting, finance and reporting needs.”

Get in touch with one of our cybersecurity experts today and take your business to new heights. Regardless of how big or small your company is, we’ll be happy to help.

Client success stories

Kreston SNR ESG Climate Change

Kreston SNR leads the way in India

The entire world is working towards various solutions to avert the crisis that could, one day cost us all of human existence, even: Climate Change. At COP 26, held in November 2021, there was consensus on many action points that were proposed.

Lion-Cashmere-Midco-Image

Lion Cashmere Midco Ltd, London, UK

The DMC Group’s main business is the manufacture and distribution of yarn and embroidery products. Kreston Global UK member firm, Kreston Reeves, supports British firm Lion Cashmere Midco.