29 Nov How Secure is Your Client’s Data?
If no one is too big to fail, it’s also true that you are never too small to be hacked. In 2017 an Australian insurance broker Fenton Green had 17 claims from small and medium-sized accounting practices (SMPs) for cyber-security breaches. Green doesn’t insure all accountants in the country and even so that’s a sizeable number of claims for a country with such a small population (nearly 25 million). Last year a survey of 183 small Australian practices by accounting consultant Smithink revealed that one in six firms had been hacked or suffered from malicious incidents. Read more on IFAC website…