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Top Security Threats in Accounting 2024 In 2024, accounting firms face increasing security risks due to technological advancements, evolving cyber threats, and regulatory changes. Here are the top 11 security threats accounting firms should be aware of: 1. Ransomware Attacks [...]
In today’s rapidly evolving risk management landscape, accounting firms face increasing exposure to cyber threats and third-party claims. From cyberattacks to client data breaches, the potential for loss is growing, making robust insurance coverage essential. Understanding the difference between [...]
In an era where cybercriminals continually evolve their tactics, tax professionals are a prime target due to the vast amounts of sensitive information they handle. The Internal Revenue Service (IRS) and the Security Summit partners are urging tax professionals [...]
In recent years, cyberattacks have increased across many industries, but accounting firms have become prime targets. Since the start of the COVID-19 pandemic, cyberattacks on accounting firms have surged by 300%, according to Accounting Today. These firms [...]
The Vital Role of Cyber Insurance for Businesses In today's rapidly evolving digital landscape, cyber threats have become a critical concern for businesses of all sizes. The increasing frequency and severity of cyberattacks, particularly ransomware incidents, have made [...]
The Cyber Attack on Halliburton: A Global Energy Sector Threat Halliburton, the second-largest oilfield services company in the world, has been a giant in the energy industry for over a century. Founded in 1919, Halliburton provides products [...]
In today’s world, businesses face a growing number of cyber threats that can cause significant damage, both financially and to their reputation. To protect against these risks, many companies purchase cyber insurance. However, cyber insurance can be [...]
Artificial Intelligence (AI) has been a hot topic for several years now, and for a good reason. As technology continues to evolve at a rapid pace, AI is quickly becoming one of the most transformative forces in [...]
Yesterday, Microsoft 365 and Azure was at the center of a significant cyber attack, causing widespread disruptions to businesses and services across the globe. This blog will provide a detailed update on everything we know about the [...]
In a significant disruption, Microsoft 365 and Azure are currently experiencing a global outage. This outage has far-reaching consequences, affecting countless businesses and users across the globe. As two of the most widely used cloud services, Microsoft [...]
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