Blog

Information Security: The Human Element

 

We know that firewalls, anti-virus software, and two step-authentication help protect us against cyber breaches and attacks, but when it comes to information security, could you and your employees be your weakest link?

Social engineering doesn’t rely on computer code or sophisticated knowledge of technology. Although it can be used alongside these types of attacks, social engineering is a method of psychologically manipulating others to perform tasks or divulge information.

We all like to think we couldn’t be tricked or deceived in such a way, but these attempts are often effective because they are plausible and believable.

Making Tax Digital to start in April 2018…

 Well this is unexpected….

Given the resistance from the accountancy profession I had come to the conclusion that MTD would be delayed for at least a year and possibly two. Not that it would have made much difference to us as we had already made the commitment to move all of our clients onto cloud accounting anyway but MTD was a big reason why clients should move as soon as possible.

So HMRC have decided to push ahead with their plans despite the opposition but there are a few concessions although still not sure what their real impact will be.

The Case For Cyber Insurance

 In years gone by, wherever villains were found causing trouble, you could always trust that either Hong Kong Phooey, Danger Mouse, or Scooby Doo and his friends would be on the scene to sort things out.

But today’s cyber criminals aren’t balaclava-wearing baddies, or the janitor from the local school. Today, anyone with a computer and internet connection has the potential to commit cybercrimes against any business or individual, anywhere in the world.

Jeepers! That’s a scary thought.

Protecting your organisation from cybercrime has never been more important. With businesses increasingly turning to digital solutions, more sensitive data than ever before is being held on computers, in the cloud, or collected during online transactions. This information is extremely desirable and valuable to cyber criminals, who will use it to their benefit, or sell it on highly sophisticated black markets online.

Think you are safe as a small business? Think again!

Be Web Legal

While we all know it’s important to keep your website up-to-date and looking fresh, do we give the same priority to ensuring it complies with the latest laws?

Our friends over at the legal resource site, Legalo (legalo.co.uk), have a great article that sets out clearly the current legal requirements for UK websites.

It explains:

  • the business information that needs to be shown on your site (so many sites fail to comply with this); and

  • the terms that need including if you sell to consumers - the article covers the latest rules on cooling-off periods, etc. 

Consumer protection laws frequently get updated by the government. Have you updated your website recently to comply with them?

For the full article by Legalo visit: https://www.legalo.co.uk/blog/website-legal-requirements/

I hate doing my own books…

 People assume that just because I am a chartered accountant I must love doing my own books… Believe me I don’t.

I made the decision many years ago that I had a fantastic bookkeeper working for me so why should I spend my time on something that actually adds no value to my business. Those hours that I released could then be spent on something far more important. Growing my business….

Sound familiar? You are an expert in your own technical way but you are not a qualified bookkeeper so why try to be? So what happens? Your spouse does it? A relative does it? Or worse still no one does it until there is a deadline such as a vat quarter or more horrifically it’s the deadline to submit your accounts to HMRC.

So why not just delegate it and concentrate on what you do best. “Building your business”.