Cybersecurity Risks to an Accounting Firm
In today's era, businesses across most sectors are vulnerable to various types of cyberattacks. And according to the 2019 Symantec Internet Security Threat Report, about 4800 websites are compromised every month by cyber attacks. And of all these businesses, Accounting/ bookkeeping is one such business that is more vulnerable to security threats as customers deal with their valuable financial information and confidential data. And now cybercriminals continue to search for malware to collect financial information of bank accounts and accounting customers. Therefore, preventing revenue losses makes it necessary for accounting companies to seek security threats in 2021. If you are using Outdated Software/ Applications/ Tools: There have been many cases where many technology/ IT companies have failed to protect their customers' financial data. Accounting firms should be keeping updated anti-virus software because they have clients’ financial data. These attacks are more likely t...