Cyber Security Breaches increase 300 percent for CPAs during Pandemic

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With many accounting practices rushing to provide access for remote employees and clients (without fully understanding security implementations), cyberattacks on CPA practices of all sizes has increased 300 percent during the COVID pandemic.

Questions:

  1. What do the cybercrimals do as part of a ransomware attack?
  2. Why are firewalls and antivirus software no longer enough to protect a network?
  3. What role should an accounting firm’s workforce play in protecting networks?
  • Source:

Salman, G. (2020) The rise of cybercrime in the accounting profession continues. Accounting Today, August 24 (Retrievable online at https://www.accountingtoday.com/opinion/the-rise-of-cybercrime-in-the-accounting-profession-continues?)