In today’s world, any organization with an online presence is a potential target for cyber attackers. A data breach is a catastrophic event that could cause severe damage to the institution and can even drive it to the verge of shutting down.
If you’re a business with an online presence, you’re likely to be a target for hackers, and accountancy firms are no exception. In fact, hackers have a much bigger incentive to hack the data of accountancy firms. So why is that?
The increasing presence of businesses in cyberspace has led to a need for better security. Cyber threats are becoming ubiquitous, and cybersecurity is a must-need in any business. By regularly updating, software and systems become less vulnerable to hacker assaults.
If you thought cyber security is something related to only the IT industry, you were wrong! In today’s data-driven world, any organization that seeks to grow will need to harness the power of data, and thereby require security measures to protect this data.
Nearly all industries nowadays are heavily reliant on digital technology. Automation and increased connectivity have changed global financial and cultural systems, but they have also increased the risk of cyberattacks.
Your employees maybe your greatest security risk factor or defence, depending on their familiarity with cybersecurity. Today’s most serious cyber security threats rely heavily on victims’ participation, whether knowingly or unknowingly.
As digitization becomes the norm across industries, your attitude towards technology will define how your IT environment will operate in the coming years. Bad tech habits are aplenty in the industry, and if you practice them within your workspace it will affect your output.
Cyber risk normally describes a business’ comprehensive cybersecurity posture. It focuses on determining the risk factors of the business, given the steps it has undertaken to secure itself. At the outset, cyber risk helps in realizing the threats that companies face day in and day out.