Stryde-TPP-pres-RF

Tax Season Is Hacker Season

Tax season is the season where most cyber criminals are active behind their computers waiting to steal some valuable data. The reason CPA’s are the biggest targets is because they hold some very valuable information. They hold social security numbers, phone numbers, email addresses, employee id numbers, and bank account numbers. These are the numbers hackers want the most so that they can use them to their advantage for financial gain, like filing a false tax return. This is just one of the things they can do, this is why CPA’s are ramping up their strategies to keep hackers away from this information.

Key Takeaways:

  • In order to protect your accounts, make sure you are monitoring your network and checking if any unauthorized user is trying to use your network.
  • One data breach can destroy an entire CPA firm as the amount of money it would cost to make up for all the private information stolen would be extremely high.
  • If you are worried about being hacked, make sure to back up all of your data and use different passwords. You should also turn on multifactor authentication and strengthen your email security.

“The greatest risk comes from ransomware attacks that hold your data hostage and demand their ransom.”

Read more: https://cpatrendlines.com/2020/02/11/tax-season-is-hacker-season/

Previous Post
Stryde-TPP-RF6
Summary

How to Boost Your Accounting Career

Next Post
Add specialized tax incentives to your accounting practice
Summary

Tax and accounting groups urge IRS to set up Practitioner Services division