First Appeared in TODAY’S Accountant The Magazine for The Institute of Certified Public Accountants of Uganda (ICPAU) ISSUE 19, AUGUST 2019 pg.44 He posted a WhatsApp message to a lady friend: “Here is the company’s payroll. Treat as confidential. Love you!” The lady immediately forwarded to another friend. “These guys are ripping us off. UGX 50m net for one person monthly. We went to the wrong schools. The payroll attached may make you dizzy, read while seated. Xoxo.” Within a month, the payroll, one of the documents classified as “confidential” was a subject of an article in an online publication. All payroll details were now available in the public domain. The discontent that…
Is your cyber hygiene adequate?
Before you eat food at any restaurant, you mind about the hygiene of the place. This saves you from some diseases. When it comes to sending that WhatsApp message, how do you check the hygiene of your connection or device? If you use any device -mobile phone or laptop – that connects to the Internet, you are vulnerable to cybersecurity risks. You could easily fall victim to phishing or pharming, leading to identity theft. No one is safe. To this end, the Institue of Forensics & ICT Security, in partnership with the National Information Technology Authority, has organized a third cybersecurity and risk management conference due on 16th-18th October 2019. If you have…
Why a career in cybersecurity? Part 1
Diploma in Cyber Security and Forensics pioneer class at Institute of Forensics & ICT Security on 12th August 2019 orientation talk by Mustapha B Mugisa. A career in cybersecurity offers unlimited opportunities across industries and countries. Governments and multinational companies alike have open opportunities for expert cybersecurity researchers, bug hunters and true professionals who don’t just have paper qualifications but the skills needed to safeguard systems. As we talk, at the start of August 2019, Apple offered US 1m to anyone who could hack into their latest iPhone and compromise its security. That is how a career in cybersecurity is the best thing. Regardless of your location globally, you can earn money from…
External Audit of information and communication technology systems of Supervised Financial Institutions (SFIs)
On July 10, 2019, Bank of Uganda issued Instruction Circular ‘EDS.306.2 as a follow-up to circular Ref: EDS.306.2 dated July 13, 2017, with respect to the subject matter. All SFIs are required to conduct an external audit of their ICT Systems. And that an SFI may identify and engage any firm from the list of firms prequalified to provide External Audit Services; and such a firm DOES NOT have to be appointed external audit of the said SFI. Summit Consulting Ltd has partnered with an audit firm to provide External Audit of SFI ICT Systems at an affordable fee. You don’t have to break your break to comply with this requirement. SFIs are…
Part 3: 10 reasons for a career in cybersecurity
8th: Career in cybersecurity offers fat pay cheques and high mobility Of what use is a career specialization that does not bring money on the table? Any professional career guidance class will advise you to follow your heart (read passion) in your choice of a profession and make money doing it. A career is fulfilling if it gives you an opportunity to help others as you earn decent money from it. When it comes to career, remuneration, transfer price and supply do affect pricing in a big way. As you write an exam, turn around and see how many people are sitting for the same exam? In your chosen career, how does success…
10 reasons for a career in cybersecurity and forensics
9th: Endless opportunities I got my first job at a time I was pursuing an accountancy qualification. My job performance indicators were a number of manual forms scanned. Once upon a time, banks kept manual banking system. All client information was kept in a manual file folder, including deposits and withdrawals. It was not easy to do reconciliations or facilitate the first turnaround. Banks would be congested and service too slow. The scale of fraud loss of records and impersonation was high. The technology was the solution. I joined a bank when it was converting all clients manual records into their IT system. It was a digital agenda project in 2003. I was…
