The number and sophistication of cyberattacks have increased over time, with financial data remaining a top target for cybercriminals. Failure to protect such data not only exposes businesses to huge financial losses, but also jeopardises their reputation and customer trust.
As such, strong cyber security measures are critical to safeguard financial information. A key strategy will be to enhance accounting cyber security, which are the systems and risk management plans that defend against the mounting risks of cyberattacks and data breaches.
The MIA Cyber Security Conference 2024 is designed to address these pressing challenges by helping participants to enhance their awareness of financial cyber security threats and develop effective accounting cyber security strategies to combat these increasingly rampant cyber threats. The conference is scheduled to take place on 19 November 2024 at Connexion Conference & Event Centre @ Nexus, Bangsar South, Kuala Lumpur.
Specially tailored for accounting and finance professionals, this Cyber Security Conference aims to share insights, best practices and tools on how to integrate robust cyber security strategies with accounting systems to protect financial data.Attendees will be updated on the new Cyber Security Act 2024 and its impacts on the profession, emerging cyber security trends, and recommended practices for regulatory compliance and digital governance. A live hacking demo will also be held to provide exposure on the latest cyber threats facing organisations. Critically, the Conference will also focus on how organisations should leverage technology, particularly cloud accounting, AI and machine learning, to fortify their cyber defences against escalating threats.
Following are the key session highlights for the Conference:
Cyber Security Act 2024: Safeguarding Malaysia’s Cyber Security Infrastructure
Officially gazetted on 26 June 2024, this landmark legislation seeks to strengthen Malaysia’s cyber defences and enhance resilience against emerging cyber threats. This session will introduce the Cyber Security Act 2024 and highlight what accountants need to know about the Code of Practice, compliance and reporting, licensing of cyber security service providers, as well as enforcement and penalties.
Financial Cyber Threats: Strategies and Innovations
Financial cyber threats have dramatically increased, leaving companies increasingly vulnerable to attacks. Participants will be guided through practical tactics, as well as the latest mitigation and protection techniques, in this panel discussion with our experienced speakers.
Bridging the Gap: Effective Communication Between Security Leaders and Board Members on Cyber Security Risks
Effective communication between security leaders and board members is critical to addressing growing cyber risks. This session investigates solutions for bridging the communication gap, allowing board members to make informed decisions for better cyber security governance and risk management.
Cloud Accounting: How Secure is Your Cloud? Strategies for Safety
Cloud accounting has transformed financial data management, but it also demands robust security measures to protect sensitive information. This session covers essential strategies and best practices for securing financial data in cloud environments.
AI and Machine Learning: Cyber Security in the Financial & Accounting Sector
As AI and Machine Learning transform cyber security in accounting and finance, they create both opportunities for organisations to strengthen defences and risks as cyber criminals use them to take advantage of vulnerabilities. This talk will focus on the advantages and challenges of AI and ML, their effects on digital integrity, and methods for combining these technologies to improve cyber security.
Accountants: Are We Really Cyber Resilient?
As the digital landscape expands, accountants play a crucial role in cyber security, safeguarding sensitive financial data and business information. The last panel session of this programme will help participants assess cyber security resilience within the accounting profession, highlighting strengths, weaknesses, and areas for enhancement.
Please click here for more information on the MIA Cyber Security Conference 2024.
