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Showing posts from March, 2019

Caution – Cybercriminals Are Targeting Business Accountants

As per a report, the average economic cost of cyber attacks across organisations of India is $10.4 million. The number in itself indicates the need for placing cybercrime security in India on a top priority. Similar to banks, accounting firms also hold the client’s valuable and sensitive data that includes their taxation numbers, bank balance, login details and so on. This, however, makes business accounting firms an attractive target for cybercriminals. Moreover, these criminals are quite active in finding new routes to steal the company’s confidential information. And, the consequences of a cybercriminal getting access to private data are quite serious. A single instance of cyber attack holds the potential to completely shut down the entire accounting firm. Hackers have numerous methods to attack business, which are namely phishing, spyware, keylogger, etc. Ransomware is a common attack method, and its results are devastating. To gain control of the compute