Advertisement

Pakistan cyber security A new survey by ACCA reveals

SHARE:


Not a day goes by without a breaking news story about data breaches or personal data theft from large organisations. Cyber crime is one of the biggest risks to businesses to date and globally its estimated costs will reach $6trillion by 2021.

Pakistan cyber security A new survey by ACCA reveals

ACCA (Association of Chartered Certified Accountants) has teamed up with Chartered Accountants Australia and New Zealand, Macquarie University and Optus to launch the report Cyber and the CFO. The global survey, which features views from 1500 ACCA and CA ANZ members, including their members in Pakistan, finds cyber security is not managed as a risk to businesses and is too often left to IT specialists to handle.

Highlights from the report show:

  • Almost 60 percent of CFOs and finance leaders rank cyber security as the most important or best five business risk
  • However, a third of respondents did not know whether their organisations had been the subject of a cyber attack. Few survey responses showed a recovery plan that included much beyond the hardware.
  • Over 20 percent of finance professionals admitted they had no involvement whatsoever in cyber security within their company.
  • And 10 percent of respondents did not know who in the business was responsible day-to-day for cyber security.
  • Larger businesses placed a higher priority on cyber risks (8 percent), but small businesses were marginally (5 percent) less concerned or aware of such security risks.

Cyber-risk is becoming ever more complex with the integrated nature of supply chains.  Only 19% of survey respondents said they regularly audited their supply chains.

It is noteworthy that more respondents in Pakistan than in any other country surveyed see cyber security as the most significant business risk, whereas overall its significance as a ‘best five’ business risk was lower than in the other major respondent countries.

Sajjeed Aslam, head of ACCA Pakistan says:

‘Finance professionals in Pakistan need to understand and play their full role in managing cyber risk in their organisations. Weakness in cyber security is a significant business risk across all organisations. The ACCA Qualification ensures that our students and members in the country are developed and assessed in digital and technology competency to be in a position to lead organisation into the digital future.’

Please checkout ? ACCA joins hands with Nayatel

ACCA’s head of business management, Clive Webb, says:

‘The increasing use of technology within businesses to create commercial advantage comes at a price and that price is cyber risk. The finance community cannot stand by and leave cyber security to others in the business to manage. It is very complex, but it is essential for finance leaders to familiarise themselves with the issue.’

The report highlights the changing nature of the cyber threat. It establishes the financial and operational risks that arise and in that regard the finance community needs to keep abreast of the evolving nature of the threat and ensure it is managed appropriately.

The report can be accessed online: https://www.accaglobal.com/pk/en/professional-insights/technology/cyber-and-the-cfo.html

COMMENTS

BLOGGER

How You Feel About This Post
Name

5G,1,Aagha Ali,6,Aamir Khan,1,Abaya,8,Abbas Ashraf,1,Adnan Siddiqui,1,Afifa Jibran,2,Afsaneh,1,Ahmed Ali Butt,1,Ahmed Godil,5,Ahsan Khan,6,Aima Baig,15,Aiman khan,65,Ali Ansari,1,Ali Zafar,2,Alishba Anjum,1,Alizeh Shah,27,Alizeh Tahir,2,Alizey,1,Alkaram,3,Almirah,3,Alyzeh,1,Amal Muneeb,6,Amar Khan,1,Amina Shiekh,3,Amna Ilyas,4,Amna Malik,2,Android,47,Angin Altan,1,Anmol Baluch,9,Anum Fayaz,1,Anumta Qureshi,1,Apple,14,Apps,485,Areeba Habib,1,Areeka Haq,1,Arij Fatima,1,Arisha Razi,3,Armeena,3,Asim Azhar,5,Asim Jofa,3,Asma Abbas,1,Atif Aslam,2,Atiqa Odho,1,Ayesha Khan,5,Ayesha Umer,10,Ayeza Khan,104,Azekah,4,Beech Tree,2,Benita David,1,Bollywood,98,Bonanza Satrangi,4,Breakfast,1,Bridal Dresses,56,Burcu Kiratli,2,Burcu kıratlı,1,Bushra Amir,3,Bushra Ansari,1,Celebrities,2871,Children Prints,13,Cookware,1,Coronavirus,1,Cross Stitch,2,Daniyal Raheel,1,Dresses,448,Dua Malik,4,Edenrobe,3,Eman Suleman,5,Ertugrul,21,Esra,7,Facebook,43,Fahad Mirza,2,Fahad Mustafa,13,Faisal Qureshi,9,Faiza Saqlain,1,Faizan Sheikh,3,Falak,11,Faryal Makhdoom,1,Faryal Mehmood,6,Fashion,543,Fatima Effendi,19,Fatima Sohail,3,Fawad Khan,6,Feroze Khan,2,Firdous,3,Firefox,2,Fiza Ali,8,Food,32,Froggy,2,Gadgets,636,Gents,1,Gents Dress,42,Ghana Ali,4,Gmail,9,Gokce,1,Google,56,Google Assistant,8,Google Duo,8,Google Gboard,5,Google Maps,16,Google Photos,5,Google Pixel,2,Google Play Store,2,Gul Ahmed,10,Gul Panra,1,Hadiqa Kayani,2,Hair Styles,17,Hajra Yamin,1,Halime,11,Hamza Ali,17,Hania Amir,31,Hareem Farooq,6,Hareem Shah,5,Hassan Ali,2,Health,87,Hera Mani,44,Hiba Bukhari,4,Hijab,6,Hina Altaf,20,Hina Mirza,1,Hollywood,24,How To,54,HP,1,HTC,3,Huawei,149,Humaima,2,Humayun Saeed,8,Iman Aly,2,Imran Ashraf,1,Imran Khan,1,Imrozia,1,Infinix,11,Instagram,45,iOS,54,Iqra Aziz,61,Iqrar Ul Hassan,20,Ittehad,2,IVY,1,Iznik,1,Jannat Mirza,3,Javeria,20,Jazmin,1,Jeans,1,Juggan,5,Junaid Jamshed,5,Junaid Khan,7,Kayseria,2,Khaadi,7,Khalil-Ur-Rehman,8,Kinza Hashmi,23,Kiran Haq,10,Komal Aziz,1,Komal Rizvi,9,Kompal Iqbal,1,Kubra Khan,5,Ladies Cloths,326,Laibba Khan,1,Lenovo,11,LG,20,Lifestyle,72,Limelight,1,Mac,2,Madiha Naqvi,1,Maham Amir,1,Mahira,41,Mahum Asad,1,Makeup,8,Malala,1,Mansha,5,Maria B,4,Mashal Khan,4,Masummery,1,Mathira,3,Mawra Hocane,21,Maya Ali,49,Maya Khan,1,Meera,2,Mehar Bano,2,Mehndi Styles,49,Mehwish Hayat,29,Meizu,17,Microsoft,3,Mikaal Zulfiqar,1,Minal Khan,54,Mix topics,916,Mobilink,16,Momal Sheikh,10,Momina Iqbal,2,Momina Mustahsen,6,Moomal Khalid,1,Motorola,15,Mughal,1,Muneeb Butt,2,Muneeb Butt.,4,Music,57,Nadia Hussain,1,Nadia Jamil,1,Nadia Khan,2,Naheed,1,Nail Art,3,Naimal,26,Natasha Khalid,2,Nauman Ijaz,2,Naveed Raza,1,Navin Waqar,1,Nawal Saeed,4,Nayatel,1,Nazish Jahangir,2,Neelam Muneer,11,Neelam Usaf,1,Netflix,3,Nida Yasir,32,Nimra Ali,2,Nimra Khan,24,Nishat Linen,4,Nokia,40,Noor Bukhari,3,Nubia X,5,OnePlus,14,Oppo,53,Orient,1,Origins,1,Pak Army,1,Pixel,1,Press Release,1,PSL,5,PTCL,3,PUBG,1,Qalamkar,1,Qmobile,2,Quarantine,2,Rabeeca Khan,2,Rabi Pirzada,9,Rajbari,1,Ramadan 2020,1,Ramsha Khan,1,Rang Rasiya,3,Rea Rana,3,Realme,14,Reema Khan,17,Resham,3,Saba Faisal,3,Saba Qamar,26,Sabeeka Imam,5,Sabeena,2,Saboor Aly,15,Sadaf kanwal,20,Sadia,3,Sadia Faisal,8,Sadia Ghaffar,6,Sadia Imam,1,Sadia Khan,9,Saheefa,8,Sahiba,1,Sajal Ali,54,Salman Saeed,3,Sami Khan,1,Samsung,132,Samyah,4,Sana Fakhar,12,Sana Javed,11,Sana Safinaz,3,Sana Sarfaraz,1,Sana Yasir,1,Sanam Baloch,6,Sanam Chaudhry,4,Sanam Jung,17,Sania Mirza,10,Saniya Shamshad,16,Sapphire,4,Sara Razi,4,Sarah Khan,40,Sarwat Gilani,5,Saud,2,Shagufta Ijaz,3,Shahid Afridi,4,Shahroz,5,Shahrukh Khan,1,Shahzad Sheikh,1,Shaista Lodhi,6,Sham Idrees,3,Shaniera,1,Shawls,1,Sheheryar Munawar,7,Shehzad Roy,1,Shehzad Sheikh,2,Shoes,12,Showbiz,3175,Showbiz Articles,30,Sidra Batool,2,Skin Care,7,Skype,4,Snapchat,10,Sohai,1,Sony,10,Sonya Hussain,5,SoundCloud,1,Sports,114,Srha Asghar,1,Startups,2,Stylo,1,Sumbal,18,Summer Outfits,138,Suzain,2,Syed Jibran,19,Syra,4,Tahir Shah,2,Tech,1240,Tecno,11,Telegram,4,Telenor,11,TikTok,15,Tuba Aamir,5,TV,3,TV Series,304,Twitter,18,Uber,2,Ufone,1,Uroosa,3,Urwa Hocane,24,Ushna Shah,5,Uzma Khan,2,Veena Malik,3,Vena Malik,3,Videos,104,Vivo,50,Wahaj Ali,1,Waliya Najib,1,Warda,3,WhatsApp,71,Windows,25,Winter Collection,61,WordPress,1,Xiaomi,83,Yashma Gill,3,Yasir Hussain,3,Yasra Rizvi,2,YouTube,17,Yumna Zaidi,6,Yumnah,1,Zahid Ahmed,2,Zaid Ali,1,Zara Noor,26,Zara Shahjahan,1,Zarnish,14,Zeb Bangash,1,zeenwomen,1,Zenfone,1,Zhalay,2,Zong,3,Zoya Nasir,1,Zubab Rana,2,
ltr
item
Daily InfoTainment: Pakistan cyber security A new survey by ACCA reveals
Pakistan cyber security A new survey by ACCA reveals
https://www.phoneworld.com.pk/wp-content/uploads/2019/06/1459246392584.png
Daily InfoTainment
https://www.dailyinfotainment.com/2019/06/pakistan-cyber-security-new-survey-by.html
https://www.dailyinfotainment.com/
https://www.dailyinfotainment.com/
https://www.dailyinfotainment.com/2019/06/pakistan-cyber-security-new-survey-by.html
true
3600554654078239861
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content