HLB Cyber News Insights July 2024In This Issue: Irish SMEs Lose €10M to Email Scams in 2023 In 2023, Irish SMEs experienced significant financial losses, amounting to €10 million, due to email-related scams. These fraudulent activities have highlighted the urgent need for enhanced cybersecurity measures within the sector. Cybercriminals primarily exploited phishing and business email compromise (BEC) techniques to deceive … Read More
Building a Successful Firm: The Crucial Role of People and Growth Article Written by Mark Butler, Managing Partner of HLB Ireland, Featured in the Accountancy Plus June Issue 2024 In the dynamic and competitive landscape of professional services, the true cornerstone of any successful accounting and advisory firm is its people. At HLB Ireland, our philosophy places our team … Read More
HLB Cyber News Insights June 2024In This Issue: Russian Hackers Target Irish Websites Amid Elections Russian-based hackers targeted several Irish websites in the lead-up to the local and European elections. The attacks aimed to disrupt online services and influence public opinion. The hackers employed various tactics, including distributed denial-of-service (DDoS) attacks and phishing schemes. Irish cybersecurity agencies collaborated with international … Read More
Understanding the Implications of the NIS2 Directive for Board DirectorsThe recent enhancement of the EU’s cybersecurity framework through the NIS2 Directive marks a significant shift in network and information systems security landscape. Mark Butler, Managing Partner at HLB Ireland, an advisory firm that recently expanded its services to include cybersecurity, sheds light on the pivotal aspects of NIS2 and its … Read More
Ireland’s Technology Sector: A Global Hub of Innovation and OpportunityBy Bruce Stanley, Tax Partner at HLB Ireland Ireland’s technology sector has rapidly evolved into one of the most vibrant and dynamic ecosystems globally, positioning itself as a premier destination for innovation, investment, and talent. For international stakeholders considering expansion, investment, or collaboration, Ireland presents an unparalleled opportunity, grounded in … Read More
HLB Cyber News Insights May 2024In This Issue: Cybersecurity Concerns for Board Directors Amid New EU Directives New EU directives emphasise that cybersecurity is now integral to business strategy. Recently, the EU and NATO condemned cyberattacks on Germany, attributing them to Russian group Fancy Bear. A separate breach at the EU’s Luxembourg facility highlighted ongoing vulnerabilities. Chief diplomat Josep Borrell … Read More
HLB Earns Recognition as a “Most Loved Workplace” for a Second YearHLB Ireland has once again been certified as a Most Loved Workplace®, an honour awarded by the Best Practice Institute (BPI). This certification, based on rigorous research and analysis, is a testament to HLB’s unwavering commitment to fostering a supportive and inclusive work environment. “Being recognised as a Most … Read More
HLB Cyber News Insights February 2024In This Issue: €7 Million Investment in Munster Technological University’s Cybersecurity Programme Munster Technological University (MTU) in Ireland has launched the Cyber Innovate programme, backed by a €7 million investment, to promote cybersecurity innovation and entrepreneurship over the next six years. This initiative aims to produce graduates equipped to develop new cybersecurity products and services, … Read More
Debt Warehousing Scheme: New DevelopmentsImportant Update for Business Owners: Changes to the Debt Warehousing Scheme The Minister for Finance made an announcement on February 5th that brings positive news for businesses participating in the Debt Warehousing Scheme (DWS). The interest rate on warehoused tax debt is being reduced from 3% to an incredible 0%. This means that any business that … Read More
Stay Informed with HLB Insights NewslettersAs the new year unfolds, HLB Ireland is thrilled to present its latest newsletter, a treasure trove of updates, insights and essential information designed to keep you at the forefront of industry developments. With 2024 promising to be a year of significant change and opportunity, staying informed has never been more crucial. What’s Inside … Read More
