Cyber incidents can have a significant impact on an SME’s ability to do business and cause major financial loss. It is crucial that SMEs identify and mitigate those risks in a context where our economies are increasingly digitalised. SMEs’ accountants are their trusted advisors and can play a key role in mitigating SMEs’ cyber risk.

This paper – the latest part of our SME risk management project series – explain why and how SMEs should consider and mitigate cyber risks and how the SME’s accountant can best support them.

The paper includes a checklist for accountants to improve SMEs’ cyber resilience. The checklist can serve as a basis for a discussion or initial assessment of the client’s cyber resilience. Accounting practices themselves can also use this tool to assess their own cyber resilience.

See more of our SME risk management series.