Cetrom’s CEO, Christopher Stark, featured in co-authored Technology Touchstones for 2020 January issue of The CPA Journal with Doc.It’s Don Emery, CPA, CA is director of client solutions.
When hackers attack a CPA firm, it can impact the firm’s data, but more importantly, it can expose clients’ sensitive financial data. A business’s ability to react and recover is crucial in limiting the damage and saving its reputation.
Cybersecurity Ventures predicts that by 2021, there will be a ransomware attack on businesses every 11 seconds (“Global Cybercrime Damages Predicted To Reach $6 Trillion Annually By 2021,” press release, Dec. 7, 2018, http://bit.ly/2K6cC7k). To stay ahead of hackers in 2020, companies must increase security, monitor network activity, and be prepared with breach response and data recovery plans.