Price Bailey secures Cyber Essentials Certification

Cyber Essentials Certification

Price Bailey clients can now have additional reassurance that they are receiving the most secure service possible after the firm achieved the Government-backed Cyber Essentials Certification.

The Cyber Essentials accreditation is designed to enable businesses to protect themselves against a whole range of the most common cyber-attacks. Recommended by the Institute of Chartered Accountants in England and Wales (ICAEW), the accreditation assesses businesses against five critical areas of security:

  • Testing firewalls and internet gateways
  • Ensuring the secure configuration of all IT systems
  • Verifying that access controls provide staff with relevant levels of system access
  • Ensuring malware protection is installed and up to date
  • Checking that all necessary patches have been applied

Complying with Cyber Essentials Certification demonstrates that as a business Price Bailey takes cyber security very seriously and that we are determined to ensure sensitive information about our own business – and the businesses of our clients – is kept safe and secure, as Jamie Gladstone explained.

“All businesses need to be security conscious, but as accountants, we frequently hold and handle large amounts of personal and sensitive financial information, for both businesses and individual clients.

“We regularly store and use confidential information in areas such as client ID evidence, payroll and bank account management data. This is the type of information that hackers would be very keen to gain access to, and which, if it was the subject of a successful cyber-attack, could lead to fraudulent transfers of large sums of money. Any breach could also have a domino effect, further compromising the data of any individual or business that our clients hold information for.

“So cyber security has always been a key consideration for us. Achieving the Cyber Essentials Certification has enabled us to verify the steps we already take, ensure that all our technical controls are as strong as they should be, and reassure clients that the sensitive information they entrust us with is being stored and handled in the most secure way possible.”

The ICAEW worked with the Government and other industry professionals to create the Cyber Essentials scheme, to develop higher standards of cyber security across all UK businesses, regardless of size or sector.

If you would like to find out more about the scheme, contact Jamie Gladstone.