Why Conduct a Survey? 

Cyber security is no longer just an IT issue, it’s a board-level concern that shapes the future of every accountancy, wealth management, and asset management firm. Over the past year, the UK has faced a dramatic surge in cyber incidents, with high-profile attacks making headlines and impacting businesses of all sizes. 

We wanted to understand how senior leaders are responding to this new reality. That’s why we conducted an independent survey of 284 partners, directors, and IT decision-makers across the sector.  

Our goal: to uncover attitudes, priorities, and actions around cyber security, and to help firms benchmark their own approach. 

 

Why Cyber Security Matters Now 

The stakes have never been higher. With four major cyber attacks hitting the UK every week and 86% of surveyed leaders having experienced a cyber incident first-hand, it’s clear that no firm is immune. Yet, despite near-universal agreement on the importance of cyber security, our research found that worryingly, a very small number of firms have a formal incident response plan in place. 

 

report landing page frame 5A Glimpse at the Findings 

So, what did senior leaders reveal about their approach to cyber security? While the full report dives deeper, here are just a few highlights that stood out and signal where the sector is heading.

  • 99% of senior leaders say they take cyber security investment seriously. 
  • 93% agree that demonstrating strong cyber security builds client trust. 
  • Only 26% of respondents say they had a, incident response plan in place 

 

If you’re a senior leader looking to benchmark your firm’s approach or understand what your peers are prioritising, our full report offers deeper insights, sector-specific data, and practical recommendations. 

Download the full report to discover: 

  • What’s driving change in cyber security strategy 
  • How client expectations are shaping boardroom decisions 
  • The steps leading firms are taking to build resilience 

 

Ready to see where your firm stands? 

OTHER NEWS

ISA 315 Cyber Security for Audit Firms: A Missed Opportunity, a Risk to Clients?

With cyberattacks growing in scale and sophistication, no organisation can afford to take cybersecurity lightly, least of all audit firms, especially under their ISQM requirements. The sensitive financial and personal data they manage makes them...

READ MORE

When Hackers Bring Tricks, T-Tech bring Treats

October is a month of shadows and surprises. At T-Tech, it’s also a time to remind senior leaders and IT managers that while children roam the streets asking, “Trick or treat?”, cyber-criminals are silently working, weighing tricks against treats,...

READ MORE

What the M&S Cyber Attack Means for Your Business And Why You Need a Managed Security SOC

In April 2025, Marks & Spencer was hit by a highly sophisticated ransomware attack. This wasn’t a simple virus or a careless click, it was a coordinated campaign conducted by a cybercriminal syndicate known as DragonForce, linked with the notorious...

READ MORE

Cyber Security vs AI: What Accountants Told Us at Accountex 2025

At Accountex 2025, we posed a simple but revealing question to visitors at the T-Tech stand:

“If you could only invest in either AI or Cyber Security in 2025, which would it be?”

READ MORE

In the Pressure Cooker: Tax Deadlines and Cyber Threats Facing UK Accountants This January

January can be the month that some UK accountants dread most. With the self-assessment tax return deadline looming on the 31st, accountancy tax practices find themselves working at full throttle. It’s a time of intense pressure, long hours, and...

READ MORE

Cybersecurity: Why it’s more important than ever for professionals to be prepared

The importance of cybersecurity cannot be overstated, especially for industries that handle sensitive financial and personal data, such as accounting and professional services. Cyber threats are evolving at an unprecedented pace, making it...

READ MORE

Bringing It All Together: A Comprehensive Cybersecurity Strategy for Your Firm

Over the course of our series, we’ve traversed the landscape of cybersecurity for UK accountancy firms, from the external defences akin to a home’s locks and alarms to the internal safeguards that protect the valuables within. It’s clear that in the...

READ MORE

Fortifying Your Firm From The Inside: Advanced Internal Safeguards

In our first instalment, we explored the digital equivalent of external home security measures, underscoring the importance of robust defences like two-factor authentication, Cyber Essentials Plus certification, and regular penetration testing....

READ MORE

The Accountex 2024 Survey: A Convergence of Cybersecurity and AI in Accountancy

T-Tech recently exhibited at Accountex in London. During this event, we wanted to understand the genuine thoughts of accounting professionals on emerging AI & Cybersecurity technologies and assess the industry's preparedness to integrate them into...

READ MORE

Understanding the Cybersecurity Threat Landscape for UK Accountancy Firms

In recent years, the UK accountancy sector has witnessed a significant rise in cybersecurity threats, exemplified by the ransomware attacks on notable firms such as SJD Accountancy, Parasol, and Nixon Williams. These incidents highlight the...

READ MORE