Cybersecurity for Accountants

We started off thinking about how we’d like our own accountants to be secure.  Not just a little bit secure, but really secure.  They have access to all kinds of data belonging to us.  Which means they will have access to vast amounts of data belonging to other clients too.

What would the impact be, if accountants found their systems compromised?  Data leaked?  Credentials exposed?  The information which could be made public may well be very damaging for the businesses involved.

Then we began to ask accountants about their views on security, what measures they had in place.  The results were interesting to say the least.

Here are some statistics from our own survey of accountants:

  1. 80% of Accountants don’t have a budget set aside for Cybersecurity
  2. None of the accountants we asked carried out any form of regular security testing within their businesses
  3. None carried out regular phishing simulations
  4. None carried out regular cyber awareness training of their employees
  5. 60% have never changed their office WiFi passwords
  6. 60% allowed staff to connect personal devices to the office WiFi network
  7. 80% did not have a defined cybersecurity incident plan
  8. 80% did not have a business continuity plan

Some of the other answers to our questions contradicted one another, meaning that it was possible that there was a general lack of understanding about cybersecurity measures and issues.

To keep accountancy businesses like yours safe, it’s our mission to work with accountants to change the level of knowledge and awareness within the industry.

We will work with existing IT providers to help implement any technical measures needed.

It is vital that non-technical steps are also understood and implemented within the businesses to reduce the impact of any cyber incidents and, ideally, to prevent them occurring in the firrst place.

Contact us today to learn more about how we can help you to keep your business and your client data safe.