PYMNTS

FEBRUARY 1, 2021

The Interstate Technology & Regulatory Council (ITRC) released new data on the state of cyberattacks and data breaches with some surprising news: data breaches were actually down in 2020 year-over-year. 19 percent fewer data breaches occurred in the U.S.

Missouri 136

Missouri accounts payable accounting and finance bookkeeping 136

SkagitCountyTaxServices

SEPTEMBER 8, 2022

Data breaches are rampant these days (In fact the IRS just had one. Congratulations: You’ve most likely been cyberattacked. What started in recent years with headline breaches of big boys like Facebook, Yahoo, Uber, and Target has become so common now that a whole industry has grown up to insure companies against these hackings.

CPA 72

CPA Start-ups Legal Tax 72

Withum

NOVEMBER 2, 2023

The SOC 2 is an in-depth audit that attests to the design of the organization’s controls over data Security at a certain point in time. As a firm that leads with integrity, this milestone is a testament to Withum’s commitment to handle sensitive data responsibly.

audit 111

audit auditor cpa firm CPA 111

Anders CPA

JULY 18, 2023

In the case of a cybersecurity breach, the response must be immediate so your team can take the proper steps to contain the threat, expel it and investigate to determine what has been affected. If IT staff is limited, fewer people are available to monitor network systems or security logs to notice potential security breaches.

CPA 52

CPA Technology 52

CPA Practice

FEBRUARY 28, 2024

Did you know that the average cost of a cyber breach last year was $4.45 Cyberattacks are a daily threat to any organization and can result in compromised data, damaged client relationships, financial cost, litigation, reputational harm and more. And that number will only increase.

Education 64

Education 64

CPA Practice

FEBRUARY 17, 2023

However, it’s important to pause and reflect on your data privacy standards, digital communication norms, and potential vulnerabilities this tax season. To fight identity fraud and cybercrime, tax preparers and filers must collaborate and adopt effective methods to secure their data and financial resources.

Tax 122

Tax tax preparation cpas Legal 122

Going Concern

JUNE 20, 2023

On the 15th, CNN broke the story of a “global cyberattack by Russian cybercriminals” (guys, we only need one “cyber” here) that exploited a vulnerability in file transfer software MOVEit. The breach affected numerous federal agencies as well as “several hundred” companies, per a senior CISA official.

Government 105

Government Legal Technology Tax 105

Cherry Bekaert

MAY 26, 2023

For example, the implementation of RPA processes can expose sensitive data and systems to security threats. RPA solutions require appropriate access control, encryption and monitoring to protect data and maintain security. There is a misconception that automation does not require monitoring and human intervention.

Technology 92

Technology audit auditor Legal 92

Withum

AUGUST 22, 2022

Some organizations are not able to renew their insurance pending proof of meeting the insurance company’s requirements that they have the controls needed to protect and defend themselves against cyberattacks. In 2021 the publicly reported data breaches soared past the previous year’s total. [3]

Legal 132

Legal 132

Going Concern

MAY 6, 2024

million people who use BerryDunn’s services were affected by the breach, according to eight lawsuits filed in U.S. An “unauthorized actor” took data stored on a vendor’s server, but BerryDunn said there is no evidence personal information was misused, in the letter. District Court in Portland on Tuesday.

auditor 91

auditor audit Account accountant 91

Cherry Bekaert

JULY 17, 2023

Insurtech companies leveraging AI, big data and blockchain can provide innovative insurance products and services, challenging established insurers. Cybersecurity and Data Security Threats The insurance industry holds vast amounts of sensitive customer data, making it an attractive target for cybercriminals.

Non-Profits 88

Non-Profits Technology audit Legal 88

Withum

APRIL 18, 2022

Data reported to the Department shows that almost every month in 2020, more than 1,000,000 people were affected by data breaches at healthcare organizations. According to data from the Office for Civil Rights of the Department, health information breaches have increased since 2016. Contact Us.

Healthcare 80

Healthcare Hospitality CPA Maine 80

PYMNTS

DECEMBER 26, 2018

Will the New Year bring an increase in cyberattacks? companies should expect to see a rise in breaches in 2019, “as chronically improving malware will be deployed more aggressively on more fronts.” ” Those cyberattacks cost companies in all areas. ” Those cyberattacks cost companies in all areas.

Washington 77

Washington Government 77

PYMNTS

JANUARY 30, 2020

A breach of India’s SpiceJet, one of the country’s biggest independent airlines, exposed the data of more than a million passengers, per a report on Thursday (Jan. The cyberattack exposed records that included passengers’ names, contact information and birthdates, the researcher told the news outlet. million passengers.

Government 80

Government 80

PYMNTS

SEPTEMBER 21, 2019

They’re just a few basic rules of thumb for small business owners to help mitigate the risk of a cyberattack, according to Matrix Integration; however, as president Nathan Stallings warns, as cyberattacks become more sophisticated, so much small businesses’ mitigation tactics. ” The U.S.

accounts payable 80

accounts payable Manufacturing payroll Technology 80

PYMNTS

AUGUST 17, 2020

A cyberattack directed at two dozen Canadian government platforms forced the shutdown of most of its online portals over the weekend. As a result of the breach, the CRA said more than 11,000 of 12 million personal accounts were compromised, including online portals accessing tax payer data and COVID-19 relief programs.

Government 65

Government Hospitality New York Tax 65

PYMNTS

APRIL 9, 2020

Sodinokibi, the alleged perpetrators of the cyberattack, claimed responsibility for the breach. The attack caused Travelex to dismantle websites in 30 countries to contain viruses and protect data. At that time, the group said it no longer held the data, but failed to provide specifics on what it had stolen. “It

Sales 111

Sales 111

PYMNTS

OCTOBER 18, 2016

The price tag attached to a data breach on a small business has increased this year, according to new analysis from IBM and Ponemon Institute. With their newly released “ 2016 Cost of Data Breach: Canada ” report, the firms examined the financial impact of data breaches on 24 companies in Canada to assess the damage.

Technology 77

Technology Finance B2B 77

SkagitCountyTaxServices

OCTOBER 19, 2023

Because my office handles so much sensitive data, you better believe this is something we monitor and update systematically. Basically, companies need to assume that they might face real cyber network security threats and breaches. Teach your employees about phishing, social engineering, and keeping data safe.

Healthcare 75

Healthcare CPA Start-ups Government 75

PYMNTS

NOVEMBER 3, 2020

Brovko is accused of collaborating with other cybercriminals to sell personal data on the darknet from 2007 through 2019. Cyberattacks are accelerating and have noticeably spiked over the course of the coronavirus pandemic. Hacks have skyrocketed 67 percent since 2014 and 11 percent since 2018, data shows. Attorney G.

Virginia 104

Virginia B2B 104

Menzies

APRIL 12, 2024

CYBERSECURITY THREATS Ecommerce platforms are prime targets for cyberattacks, including data breaches, phishing scams, and payment fraud. Building resilience and flexibility into supply chain operations is essential to mitigate risks and maintain continuity.

chartered accountant 52

chartered accountant Legal accounting firms Sales 52

PYMNTS

NOVEMBER 13, 2020

Following a cyberattack that exposed patients’ mental health records last month, Finland is moving ahead with legislation that would let people change their personal identity codes in certain instances, according to an Associated Press (AP) report. The breach was first made known last month.

Healthcare 69

Healthcare Start-ups Government Technology 69

CPA Practice

APRIL 8, 2024

According to the FBI’s Internet Crime Report of 2023 , phishing and spoofing were the most highly reported cyberattacks last year, with nearly 300,000 complaints filed with the Internet Crime Compliance Center. Employ services that prioritize client data protection and communicate the measures you take to keep client information secure.

Tax 64

Tax tax preparation cpas tax return 64

PYMNTS

NOVEMBER 25, 2019

As data breaches and ransomware hacks escalate, cyber protection is becoming one of the fastest-growing insurance industry sectors, a Financial Times special report indicated. A 2014 breach at Marriott, for example, cost the chain over $100 million before fines were levied under EU rules.

Healthcare 67

Healthcare Retail Technology B2B 67

ThomsonReuters

JANUARY 18, 2024

A modern approach to tax data security 3. Accounting firms are entrusted with a wealth of sensitive financial data, including tax records, income statements, and other confidential information. As technology has evolved, the risks associated with  data security  have also become more prevalent. Let’s take a look.

tax accountant 52

tax accountant Tax Account accountant 52

PYMNTS

FEBRUARY 10, 2020

10) with the 2017 cyberattack on credit reporting giant Equifax, which was one of the largest data breaches in history, according to The Wall Street Journal. The Equifax cyberattack exposed the financial data of almost 150 million Americans and British and Canadian nationals. “There are exceptions, though.”

Government 53

Government Account accountant accounted 53

PYMNTS

MAY 13, 2019

Wolters Kluwer , which fell victim to a malware attack last week, sent a “quiet panic” through the accounting industry, with clients unable to access data and do their jobs. Experts also warned of a SAP system vulnerability, while an anonymous utility revealed last week that it fell victim to a significant cyberattack.

Wyoming 51

Wyoming Utah Government accounting and finance 51

PYMNTS

MARCH 18, 2019

A new research report from Warwick Business School at the University of Warwick has found evidence that corporate cyberattacks lead to higher profits for chief executive (CEOs) officers at those firms. The report examined instances of data breaches at 41 public U.S.

Government 56

Government Finance B2B 56

Withum

SEPTEMBER 29, 2023

Since 2003, we have seen the dramatic evolution of cyberattacks. Hackers are still trying to steal data, disrupt businesses and even harm physical safety. Did you know that 2023 marks the 20th year of Cybersecurity Awareness Month? Despite all the technological advances, the same cyber threats are still at play today.

Education 124

Education Technology 124

PYMNTS

SEPTEMBER 11, 2018

11) that the data breach at British Airways was due to credit card skimming installed by malware hackers. The researcher said the group was highly targeted in their approach, and that the British Airways breach was part of a broader plot to steal records from various websites. This is just the latest breach to hit an airline.

74

74

Going Concern

JUNE 23, 2022

We disclosed the breach on April 15, and Moss Adams secured their cloud network shortly afterward. No customer data was exposed during the course of this investigation. Some organizations, however, sometimes fail to realize that data breaches can cost more than just lost data or access to systems. via VPNOverview.

California 59

California public accounting accounting firms audit 59

PYMNTS

SEPTEMBER 14, 2020

The fallout continues to grow, with reports noting its slew of nonprofit and corporate customers have now been exposed to security threats as a result of data stolen in the Blackbaud breach. Cybersecurity experts at Breach Clarity now peg the number of clients impacted at 136. Blackbaud's data breach isn't unique, per se.

B2B 52

B2B Education Technology 52

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

Retail 87

Retail Account accountant accounted 87

PYMNTS

JANUARY 23, 2020

billion consumer accounts fell victim to data breaches during the first half of 2019 — to the tune of $4 million in lost revenue per breach. More than 90 percent of Americans have fallen victim to online scams, data breaches, identity theft or other forms of fraud, though certain varieties are more common than others.

Government 64

Government Account accountant accounted 64

PYMNTS

NOVEMBER 15, 2018

15) the results of the third annual Ponemon Institute’s “Data Risk in the Third-Party Ecosystem” study, which found that 59 percent of companies surveyed said they have experienced a data breach caused by their vendors or third parties. Opus said that in the U.S., Opus said that in the U.S.,

Technology 78

Technology Government 78

PYMNTS

FEBRUARY 20, 2019

Cybersecurity experts are urging small business (SMB) owners to not ignore the risks they face from cyberattacks. In its announcement , Mastercard noted that providing educational resources for small businesses to mitigate the risk of cyberattacks not only helps the individual businesses, but supports the economy at large.

Education 56

Education Technology Account accountant 56

PYMNTS

DECEMBER 3, 2018

With cyberattacks on the rise, corporate victims find themselves battling it out with cyber insurance companies over protection from the damage done by security breaches. In addition, payouts for data breaches might be limited to the legal minimum, without anything extra the client may want to spend, such as keeping customers informed.

Virginia 73

Virginia Legal Sales Technology 73