Tackling cyber threats in accountancy

From bank details to payroll information dates of birth and addresses accountants handle sensitive financial data on a daily basis.

Considering the wealth of sensitive data at play it’s little wonder cyber-criminals target accountants and their firms so frequently. After all personal information is very attractive to cyber-criminals who often seek to leverage it for themselves or to sell on.

Unfortunately the ramifications of a cyber-attack can be serious. Data breaches can lead to identity theft fraud or extortion – and cause real financial harm. By targeting accountants cyber-criminals can gain access to client accounts and financial systems allowing them to exploit these customers directly or indirectly.

On top of this cyber-attacks on accountancy firms often attract negative media attention especially if significant data breaches occur – which damages a firm’s hard-earned reputation. After an attack...