Cybersecurity 101 for Professional Advisors – 10 June 2021 (On Demand)

Description

Practical steps can execute in your business to improve your cybersecurity right now.

As technology continues to advance at an exponential rate, professional advisors are being put under increasing pressure to keep up. There is however a danger that arises from the rapid adoption of technology to increase productivity – it often leads to the unintended consequence of increased risk if we neglect to pay sufficient heed to cybersecurity.

We all recognise that cybersecurity is a serious issue and one which is becoming increasingly important. Unfortunately, we suffer from inertia because we don’t always know where to start.

This session will provide you with some actionable steps that you can introduce right now to protect your data, and that of your clients. These measures can make a big impact on your overall security position without making a big impact on your budget.

We will discuss how you can utilise tools such as:

• Password managers
• VPN’s
• Hardware Keys
• Encryption tools

And by doing so, drastically reduce your attack vector surface area, and ensure maximum compliance with the Privacy Act and Notifiable Data Breaches scheme.

We will also highlight some common pitfalls that can occur when accountants and professional advisors embrace technology without conducting the necessary due diligence.

What you will learn

Participants will gain an understanding of the responsibility we all have over our client data, increase their awareness of cybersecurity risks as well as strategies that can be implemented to mitigate them.

You will learn:

• To identify critical areas of weakness within your business
• To understand the immediate steps you can take to improve your security standing
• Which tools to evaluate to help you navigate the security landscape
• the key risks, opportunities, strengths and weaknesses when utilising cloud solutions

the importance of cybersecurity and how it integrates with your overall compliance obligations

Target Audience

Accounting practices and professional service sectors, such as lawyers or medical practitioners.

Expert Speaker

Tyler Wise is the founder and director of Wise Accounting Pty Ltd, a firm established in 2011 using digital advancements as its competitive edge and foundation. Since its inception, Tyler has been referenced about technology in the accounting industry in multiple publications. He has presented at national conferences for many industry software developers as well as speaking at CPA and university engagements. Tyler and his practice are consistent beta testers of technological advancements within the industry.

Wise Accounting took out Accounting Firm of the Year for Western Australia in the 2018 SMSF Adviser Awards and personally, Tyler was also a finalist in the 2018 national Australian Accounting Awards for Partner of the Year, Innovator of the Year and Thought Leader of the Year. At the 2017 state accounting awards Tyler took out the “Senior Manager of the Year” Award.