Cloud technology is becoming essential to the accounting industry, are you cloud-optimized? The move to the cloud has changed not only how you work as an accountant, but also the way your team is structured, and how and where they work from. Staying in control of a distributed team and ensuring security standards are met […]
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The cyber security landscape is changing in Australia, is your accounting firm up to date? In May 2022, the Federal Court stated that the onus of reducing cyber security risk and management falls on financial services firms. The decision came after the Federal Court ruled that an Australian Financial Services licensee had breached their license […]
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Cybersecurity risks are a serious threat to businesses of all sizes. The Colonial Pipeline ransomware hack in May of 2021 showed the sizable ramifications of one leaked password on a business. 81% of the breaches in the financial services industry in 2021 were due to human error. Social engineering and phishing attacks, along with emails […]
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Accountants have always been leaders in adopting cloud-based technology, understanding the benefits it brings in eliminating outdated, manual, and paper-based processes. The main barriers to obtaining these cloud based business advantages are around security and access management. The Security Barrier A common misconception is that moving to the cloud will result in less security. The […]
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As pioneers of cloud technology, an efficient tech stack is the beating heart of the modern accounting firm. The right stack and integrations can help your SME balance people, processes, and tech. Is your firm maximising efficiency and productivity from your tech stack and maintaining data security? In this article, we’ll explore how Practice Protect […]
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The average accounting firm has access to an astounding amount of sensitive client data. Effective management of this data isn’t just a concern for your firm, but also the clients you service that are trusting you with its safety. Therefore as a responsible data custodian, it’s essential for you to ensure safe management of this […]
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Accounting Cyber Security Guide 2021
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