Cyber News

They’re getting smarter – Another Record Year for cybercriminals

Business is booming for cybercriminals as they’ve stolen a record $107 million from Australian businesses and individuals. This is an annual increase of 18% on what had been stolen in 2017 (which previously held the title for most money stolen). This increase likely does not come as a surprise to most, given the amount of […] Read more

How server-based firms will reduce utility IT costs next year

If you work in, or run, an accounting firm that relies on a server, I’m going to explain how a recent technology announcement by Microsoft represents the most significant opportunity to reduce cost and complexity of IT to your firm in recent years. I’ll stay away from any technical talk and keep this confined to […] Read more

Why Cloud Security isn’t an IT issue

With Mandatory Breach Reporting legislation coming into effect in February and recent media attention on cyber security, market awareness around cyber security is building. One of the common responses we receive during security consultations for accountants is “isn’t that an IT issue?” which is a plausible assumption in the traditional sense of “IT”. With so […] Read more

Who’s getting breached and how it’s happening

In case you’re not aware and to frame the conversation, the new Mandatory Breach Legislation took effect on Feb 22nd which is the Australian Government’s effort to make SME businesses accountable for how they manage personal information. By mandating the reporting of a breach to the privacy commissioner and the affected parties (aka clients), the […] Read more

Xero Mandatory Two Step Authentication – A Quick Guide For Accountants

Xero’s new mandatory Two Step Authentication (2SA) process makes logging in a little harder… but it’s all for good cause. In this article, we’ll explain what these changes mean for your accounting business, and how to login correctly to minimise disruption to your team’s workflow. To be specific, we’ll explain: Why the ATO requested that […] Read more

Why the IT industry has failed to protect accountants from cyber threats

I’ve written this short article to give SME accountants insight into why the IT industry has failed to deliver them a comprehensive solution to data security concerns. How things were before cloud accounting To understand where things are going it’s important to first reflect on how it was. In the pre-cloud era, a company’s server, […] Read more
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