Passwords alone are no longer enough to protect accountancy firms from the increasingly prevalent threat posed by cyber criminals, with everything from phishing to brute force being resorted to by cyber attackers to access confidential information and steal funds. Serving as just one answer to the high demands of modern cyber security, multi-factor authentication [...]
HMRC is the UK tax, payments, and customs authority. As a governmental body, HMRC holds a significant quantity of confidential personal data and financial information. Unfortunately, this makes impersonating HMRC a prime choice for cybercriminals. HMRC cyberattacks centre around phishing. Opportunistic cybercriminals masquerade as HMRC, often using emails, texts, or phone calls, with a [...]
With an advanced toolkit of cyberattacks methods at their disposal, cyber criminals are continually finding new ways to deceive computer systems and access sensitive legal data. From targeting junior lawyers to the use of sophisticated AI, it has never been more imperative for law firms to be astutely aware of the danger of cyberattacks [...]
In recent months, cyber-attacks on high profile retail businesses including Marks & Spencer (M&S) and the Co-op have made the news headlines. This has affected many customers of these businesses, not just in terms of product availability, but also by having their personal data sold to criminals on the dark web. Of even greater [...]
Pro Drive IT recently ran a roundtable exercise titled “How to avoid cyber annihilation of your firm”, which as the name suggest was designed to educate the attendees on the cyber security risks to their business and to give them some practical advice and tips on how to respond if (when!) an incident occurs [...]
We recently wrote about the danger of impersonation scams and highlighted how generative AI is making these scams more convincing, in particular ‘Vishing’ which usually centres around telephone based scams. A more recent development, particularly worrying for professional and financial services firms, is voice cloning. This might sound like something from the Terminator but [...]
The last couple of years have seen a significant increase in digital impersonation scams specifically targeting professional services, accountancy, and law firms, and their clients. These scams exploit human error and IT related vulnerabilities, and their impacts can be devastating, ranging from financial loss to reputational damage. Why Law and Accountancy Firms Are Prime [...]
Accountancy firms have good reason to ensure they are reviewing and mitigating cyber security risks in their practices. They are prime targets for cyber criminals, in part due to the valuable financial data they hold on other companies and the significant payments they make on behalf of clients, for example, for payroll activities. The [...]
‘Quishing’ is a relatively new form of cyber scam, which is based on the familiar ‘phishing’ technique but instead uses fake QR codes to trick victims into disclosing confidential details to waiting cyber criminals. Why are so many people falling victim to Quishing? In recent years QR codes have become prolific both in consumer [...]
Everyone knows that all online accounts should be protected by “Multi Factor Authentication”, known as multifactor authentication for short, or sometimes as 2FA which stands for “Two Factor Authentication”. It’s the simplest thing you can do to increase the security of your online accounts no matter which method you use. Recent studies indicate that [...]
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