Understanding Cybersecurity

Device Security for Accounting Firms: The Do’s and Don’ts on Holidays and Beyond

As the holiday season kicks off, accounting firms are entering their busiest period of the year and paradoxically, their most vulnerable one. When the end-of-year rush kicks in, security vulnerabilities can’t be kept at bay. And cyberthreats don’t take holidays.  With accountants and bookkeepers caught up in the whirlwind of year-end financial reporting and tax […] Read more

Outsourcing: A Lifeline for Tax Time Challenges?

As the end of 2024 approaches and a new fiscal year looms, accounting firms are gearing up to streamline their services for the tax season, a critical period requiring meticulous preparation and precision. Amid growing regulatory complexities and expanding client bases as new businesses across multiple industries emerge, firms face challenges that demand innovative adaptation. […] Read more

Gearing Up for Tax Season: The Cybersecurity Risks to Your Accounting Practice

Tax season isn’t just a flurry of spreadsheets and filing deadlines—it’s when accounting firms become data powerhouses and high-value targets for cybercrimes. From Tax File Numbers and bank accounts to clients’ business records flowing through digital pipelines, cybercriminals seize the opportunity, lying in wait to exploit vulnerabilities during the busiest time of the financial year.  […] Read more

The Christmas Crime Spree: Is Your Accounting Practice Ready for Holiday Cyber Threats?

‘Tis the season to be wary! Cybersecurity reports highlight a significant rise in cybercrime during the festive period, with 43% of annual cyberattacks targeting small to medium-sized businesses during the holidays.  In December 2023 alone, accounting firms experienced:  68% of financial services breaches targeted firms with fewer than 100 employees.  Response times to cyber incidents doubled […] Read more

Accounting Cybersecurity: Why Identity is the New Battleground

Controlling Identity = Safeguarding Client Trust  In today’s digital landscape, accounting firms play a critical role as custodians of their clients’ most sensitive financial information, including credentials for banking, tax, and corporate governance systems. As cyber threats evolve, the importance of protecting these identities has never been more crucial.  The Evolving Threats Targeting Accounting Firms  […] Read more
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