Christopher Stark, Cetrom's President & CEO featured in CPA Practice Advisor on October 3, 2022.
The reality is, when it comes to data security, zero risk does not exist. There is nothing on the market today that can 100% protect you from a cyberattack unless you completely disconnect yourself from the internet.
In 2021, IBM reported that the average size of a data breach is 25,575 records, with each record costing the company $165 on average, and the total cost to a company averaging over $4.24+ million. It is critical that CPA firms implement proactive IT strategies using a multifaceted approach to protect their data security.