ACCA and cybersecurity business PureCyber have joined forces to increase awareness and understanding of IT security issues among UK businesses and the accountancy sector.\u00a0\r\n\r\nTogether, they are set to work on projects to increase knowledge and understanding of cyber risk and threats of attacks on computer systems and networks.\u00a0\r\n\r\nThe two have signed a three-year memorandum of understanding (MOU) to collaboratively deliver educational content to ACCA members and others.\u00a0\r\n\r\nIt comes as ACCA warned that cyber risk is a \u201creal issue\u201d for enterprises of all sizes, as illustrated by recent coverage of vulnerabilities in Progress Software\u2019s MOVEit file transfer app. Payroll services provider Zellis suffered a data breach as a result, with customer data being stolen, and \u201ccountless\u201d firms of all sizes have already been hugely impacted.\u00a0\r\n\r\nAbdul Goffar, director of ACCA UK, said: \u201cWhether working in business, public sector or practice our members are often leading or advising on digital strategy. In this fast moving space it is key that financial professionals keep up to date with the ever changing threat posed by cyber attacks and have knowledge and understanding of the ways they can protect their organisations.\u201d\r\n\r\nDamon Rands, founder and CEO, PureCyber, added: \u201cWe are passionate about raising awareness and understanding of cybersecurity at all levels, sectors and business sizes. As cybersecurity has been recognised as the number one threat to business in the UK, we\u2019ll be working with ACCA to demystify cyber jargon and improve understanding, confidence and resilience across the membership and their businesses.\u201d\u00a0\r\n\r\nThe latest MOU builds on the existing relationship between ACCA and PureCyber. This includes providing resources and guides highlighting potential risk for organisations and taking practical steps to support members such as demonstrating penetration testing.