Risk and reward: how much is too much?
It’s a great question but frustratingly, there is no easy answer. Professional service firms grapple yearly with the perennial question of how much professional indemnity insurance is appropriate for their businesses, constantly reassessing the fine balance between premium and risk transfer.Read More
State-Sponsored Attacks and Cyber Insurance Implications
In March 2020, hackers believed to be operating on behalf of a foreign government infiltrated software provider SolarWinds and then deployed a malware-infected update for its Orion software to infect numerous government and company networksRead More
Cyber Ransomware Update
Even someone with a passing acquaintance with cyber security will be aware of the dramatic surge in ransomware over the past couple of years.Read More
Trust and integrity within the accounting sector
Trust. It’s a little word with big implications. For professional service organisations, trust is the backbone of any decent business model.Read More
10 Common Cyber Questions
Accountants are well-placed to advise businesses on the steps they should take to protect themselves - cyber security is no exceptionRead More
What is Fidelity Guarantee Insurance (FGI) and why is it currently in the spotlight?
FGI exists to safeguard your firm or organisation against theft of the firm’s own money, securities or property by an employee, partner, contractor or volunteer. FGI can also be known as first party fraud, theft or employee dishonesty cover...Read More
Ransomware attacks - to pay or not to pay
Ransomware attacks are increasingly targeting companies and their executives may be tempted to pay the requested ransom quickly to bring operations back to normal. This is not a decision any company should take lightly.Read More
Google court case ruling broadens business privacy risks
The UK’s Court of Appeal has allowed a representative action against Google, clarifying that individuals can suffer damage by losing control of data while potentially opening the floodgates for privacy class actions in the country. The court fired a warning shot to big businesses, reiterating that individuals’ data cannot be used for commercial gain without consent.Read More
Covid-19 Fight Back Against the Fraudsters
It’s almost too much to bear: hundreds of thousands are losing their lives, millions are losing their jobs and unknown numbers of us are dealing with innumerable other stresses triggered by Covid-19. To make matters worse, there are opportunistic cyber-criminals taking advantage of our insecurities as well as the goodwill that is inherent within the majority of us.Read More
Lockton approves Arch Insurance (UK) Ltd as ACCA’s new scheme insurer
Lockton is delighted to announce Arch Insurance (UK) Ltd as our new ACCA (Association of Chartered Certified Accountants) insurance scheme partners.Read More
Working from Home and the Cyber Risk Environment
As most of us now find ourselves working remotely, it’s quite incredible to see how things have changed so dramatically in such a relatively short space of time.Read More
How has auditing and reporting been affected by the Coronavirus pandemic?
Concerns have been raised by auditors about the significant backlog of annual reports caused by the social restrictions and economic effect of the Coronavirus pandemic. The UK’s financial regulators are now scrutinising how many listed companies may have to publish forewarnings about their fiscal health and, consequently, their ability to survive the ramifications of the virus.Read More