This guide from Quick Bookkeeping LLC is a must-read if you want to make sure your accounting firm data is secure and protected against the latest threats.
It feels like every week there’s a new cyber threat being reported in the news. It’s not your firm that’s been breached today, but it could be in the future. That’s why it’s so important to stay protected.
Yeah, but how do you keep your data secure?
The best thing to do is basic stuff. The trouble is, people aren’t very good at doing the basics. This guide from Quick Bookkeeping covers everything you need – and it comes at a crucial time because a 2023 report from IBM found that the average cost of data breaches was $4.45 million. Not good!
Get all the details at https://quickbookkeepingllc.com/
By following the tips outlined in the guide, you can keep your accounting platform updated and ensure you are protected from the most advanced threats.
Quick Bookkeeping's core focus is proper encryption and secure data storage. Your platform should use industry-standard encryption protocols for data transmission. This also means going with the software and services that store data on secure servers because proper encryption prevents unauthorized access to sensitive information.
Implementing multifactor authentication (MFA) is one of the most effective strategies you can employ, according to Quick Bookkeeping. With MFA, users must present multiple credentials to log in, such as a password and a unique code sent to their smartphone.
In addition to this, the guide covers role-based access control, which restricts system permissions to only those needed to perform required duties. With this enabled, an administrative assistant would not need access to edit financial records, for example.
For data backup, the guide recommends off-site encrypted storage and staff training. You should perform regular encrypted backups to both local devices and remote servers. Off-site storage protects against physical damage, like fires or floods. Employees should also learn proper backup procedures to avoid errors that could lead to lost data.
Lastly, you need to be proactive about monitoring systems for potential vulnerabilities. Running regular security audits and software updates closes potential gaps before cybercriminals can exploit them.
A spokesperson says: "With encryption, secure data storage, multi-factor authentication, and user access controls, your data is like Fort Knox. And don't forget about audit trails, regular backups, and disaster recovery plans to keep you covered."
Cybercrime is scary stuff – but with this guide, you stand the best chance of avoiding the worst. Give it a read today!
Check out https://quickbookkeepingllc.com/data-security-features-in-top-accounting-platforms/ for any extra info you need!