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The Complete Guide to Cybersecurity For Accountants & Bookkeepers [Updated 2023]

Cybersecurity is a word everyone is familiar with these days. The word is synonymous with securing data and devices from malicious actors, but there is a lot more to understand about cybersecurity than just what the word itself means. In 2023, cybersecurity is one of an accounting or bookkeeping firm’s top priorities. In light of […] Read more

The Guide To Understanding Ransomware For Accounting & Bookkeeping Firms [2023]

Ransomware attacks have played a prominent role in the headlines over 2022, but underneath the big corporate hacks, small and medium businesses are also being successfully targeted by this form of hack. Experts predict that based on ransomware’s run in 2022, this will only get worse in 2023. Therefore it’s important that as custodians of […] Read more

Australian telco suffers email breach: 15,000 email accounts compromised

14 December 2022: Telecom provider TPG Telecom issues a notice that they suffered a cyber breach affecting up to 15,000 email accounts. Findings indicate that the primary aim of the hackers was to search for customers’ cryptocurrency and financial information. TPG reassured customers that they have “implemented measures to stop the unauthorised access.” According to […] Read more

Australian Federal Government’s updated privacy penalty bill is approved by Parliament

Legislation that penalises companies that fail to adequately protect customer data has been passed. From the Attorney-General’s Media Release: The Privacy Legislation Amendment Bill 2022 increases the maximum penalties for serious or repeated privacy breaches from the current $2.2 million penalty to whichever is the greater of: $50 million; three times the value of any […] Read more

Breached data of Australian consumers for sale on public forums

The high-profile Medibank, Optus, and MyDeal breaches are only the tip of the iceberg when it comes to data exposed due to cyber threats and hacks in Australia. The highly sensitive data and information of Australians are being traded online, ABC Investigations reports. This data includes logins for Australian Tax Office accounts, along with medical […] Read more

FBI confirm Cuba Ransomware Group are targeting US financial services industry

The FBI and CISA have released a joint statement about the threat of the Cuba ransomware group. The Cuba Ransomware Group, who have no known association with the Republic of Cuba, is an active group that use ransomware to steal data, encrypt it, and demand that victims pay a certain amount to have their data […] Read more
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