We have heard it all before. Computers are the new frontier for corporate security, and the number of technological risks and vulnerabilities facing the business community seemingly doubles each time it is tallied up. Data integrity is no longer – if it ever was – the preserve of the very largest corporations. In an increasingly interconnected commercial landscape, no-one can avoid the need for data protection.
Paul Moxey, head of corporate governance and risk management at the Association of Chartered Certified Accountants (ACCA), gives voice to this. “If you cannot trust your data, you cannot trust your financial reporting,” he says. It is a bit like a three-legged stool – IT controls are one leg.”
