THE ICAEW has become the first accountancy body to join a government and industry information sharing group on cyber security.
The Cyber Security Information Sharing Partnership (CiSP) brings businesses and government together to share cyber threat and vulnerability information to increase awareness of the threats and to reduce it.
As a partner, ICAEW will act as a sponsor and extend secure collaborative environment among businesses. The institute already has a dedicated cyber security resource centre.
Richard Anning, head of the ICAEW's IT Faculty, said: "Cyber security has been moving up the risk register in organisations of all sizes - even SMEs are starting to realise the threats. We have been working with government to highlight the issues concerning cyber security amongst our members as well as the wider public.
"The Cyber Security Information Sharing Partnership provides an ideal trusted forum in which to share cyber incidents, learn from each other, improve the security of all our organisations and make the UK a safer place to do business".
CiSP has a joint industry and government analytical team, "Fusion Cell", which collates information from several sources and investigates the cyber-crime activity before alerting members to potential breaches and threats.
The organisation is funded by the National Cyber Security Programme, part of the government's cyber security strategy.
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