Posts Tagged ‘cybersecurity’
The Dark Side of Artificial Intelligence
While AI has revolutionized countless industries (accounting included), it’s not all sunshine and rainbows. The very attributes that make AI so helpful — its ability to learn, adapt, and act independently — can also be harnessed for malicious purposes.
Read MoreUnleash the Power of Multi-Factor Magic!
Let’s start with a fun tidbit: Did you know that an average person has about 100 passwords? It’s like having a different key for every door in a massive mansion! Now, consider how often passwords get misplaced or, worse, stolen. That’s where the magic of Multi-Factor Authentication (MFA) shines bright for modern accounting firms.
Read MoreThe True Cost of a Data Breach
In this blog, we thought we would have a heart-to-heart about an aspect of security that’s critical to your industry: data breaches. Data breaches are more than just a buzzword or a headline-maker. For accounting firms, especially in the bustling American business landscape, they represent an existential threat.
Read MoreCybersecurity Practices for Travel
If you’ve been out of the country before, you know cell coverage doesn’t always go with you. When you take real-time context and combine it with a realistic request, it becomes a winning combination for a good scammer.
Read MoreThe Accountant’s IT Wishlist: Top 7 Must-Have Services
Traditionally, the accounting technology industry has emphasized efficiency, regulation, and stability while relying on in-house tech servers and other IT hardware as customary foundations. However, just as technology has permeated every aspect of our lives, it’s also been reshaping the landscape for accountants. While some firms have maintained their classic office-based model, most firms are…
Read MoreMicrosoft Security Copilot: Your AI-Driven Cybersecurity Ally
In the last few years, Microsoft has made significant long-term commitments to developing artificial intelligence (AI) capabilities in the company’s suite of business software. Microsoft’s leaders see in AI the same kind of transformative potential that the development of high-speed, affordable internet ushered in during the late ’90s and early 2000s. If experts’ predictions hold,…
Read More10 Common Cybersecurity Mistakes Accounting Firms Make
Since the beginning of 2021, there has been a 102% increase in ransomware attacks compared to last year, according to cyber security firm Check Point Software. Unfortunately, small and medium-sized accounting firms are a primary target for these attacks, given their lack of sophisticated security infrastructure. Given this reality, every employee in your firm must…
Read MoreWhat is a VPN? How It Works and Why You Need One
Most people have heard the term VPN or virtual private network, yet not all accountants know precisely what a VPN is, how it works, and why they need one. The main reason is data security, but that isn’t the only reason accounting firms should operate with a VPN. Enhanced network management, functionality, and convenience are also…
Read More7 Security Tips to Keep Your Accounting Firm Secure
Accounting firms must put in place effective cybersecurity measures to ensure their firms are secure. And staying up to date with cybersecurity technology is key to preventing data breaches. Once every 39 seconds, a successful cyberattack occurs, involving financial information used for nefarious purposes. Hacking is responsible for 45% of sensitive data breaches, and according to…
Read More4 Technology Trends that Will Transform the Accounting Industry
At the beginning of 2020, accounting professionals realized for the first time that their jobs were entering the 21st century. The advancements in technology and computing operations brought new life to accountancy. Stacks of ledgers and old manual processes are being replaced with modern accounting software and tech stacks. The digital transformation has allowed accounting firms to…
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