Think before you type.
While technology gives accountants new ways to communicate with clients and colleagues, it can bring privacy and confidentiality risks. So, let’s dive into the pitfalls of new technology and how to effectively use social media to your advantage.
How to prevent hacks or handle the fallout.
In 2016, hackers stole client information from the email system of Deloitte, a "big four" accountancy and consulting firm. No one noticed the breach for a year. Though the timeline remains murky, details of the hack trickled out to the public in September 2017.
Keep your data on lockdown.
By Wilhelm Dingler, Esquire
According to the Identity Theft Resource Center, there was a 40% increase in data breaches from 2015 to 2016. In total, $16 billion was stolen from 15.4 million United States consumers, as reported by Javelin Strategy & Research. Furthermore, in a Deloitte Touche Tohmatsu study, three of four companies surveyed reported a data security breach from outside the company.