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Continue browsing our articles on IT, cybersecurity, and compliance for accounting firms. 120 articles total.
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Ransomware: What It Is & How to Defend Your Data
Ransomware is a dangerous form of malware that’s an increasing threat to businesses. It is malicious software designed to encrypt files on a victim’s computer, rendering the data inaccessible until a ransom payment is made. This type of extortion leaves businesses at risk for significant downtime, data loss, and financial damage. In this article, we’ll ...
8 Must-Know Cybersecurity Tips for Real Estate Firms
Today’s real estate firms have gone digital. Many real estate professionals use the internet to connect with buyers and sellers and facilitate deals. While these digital tools have certainly streamlined real estate operations, they also open your firm up to dangerous cyber threats. Even a small-scale cyberattack could result in damage to your systems, your ...
Understanding FTC Compliance: Key Requirements for Insurance Companies
The Federal Trade Commission is a government agency focused on consumer protection. FTC regulations hold companies accountable for deceptive business practices and for protecting their customers’ privacy. Organizations in the insurance industry need to comply with FTC regulations to keep customer data safe and avoid hefty penalties. Here’s a look at everything you need to ...
How Cybersecurity Can Protect Insurance Companies & Their Clients
Just as an insurance policy can protect people from financial ruin, robust cybersecurity measures are the only defense standing between your company and devastating cyberattacks. Could your company withstand a breach like the one that cost Change Healthcare $872 million in 2024? Without the proper safeguards, the financial and reputational damage could be severe. As ...
Understanding FTC Safeguard Rules for Car Dealerships
Cybersecurity is like the brakes on a car—often unnoticed until a threat emerges. When danger strikes, it’s the system that prevents disaster. Just as neglecting brake maintenance leads to accidents, ignoring cybersecurity leaves your business vulnerable to data breaches. As auto dealerships increasingly depend on digital systems, cybersecurity and data protection have become critical concerns. ...
10 Reasons To Outsource IT & Cybersecurity Services
Outsourcing IT services has become an effective strategy for organizations seeking to enhance their operational efficiency, focus on core competencies, and improve data security. Here, we dive into ten compelling reasons why businesses should consider outsourcing their IT & Cybersecurity needs to an IT MSP, like Tech Advisors. 1. Expertise & Specialization: Outsourcing IT tasks ...
Understanding FTC Safeguard Rules for Real Estate Brokers
The FTC Safeguards rule is a key compliance standard for the financial industry. This rule helps protect customers’ sensitive information when they work with financial organizations. But did you know this rule can also apply to real estate brokers? If your business engages in financial activities of any kind, you could be subject to the ...
Understanding FTC Safeguard Rules for Law Firms
As a law firm, you have a duty to your clients to protect their personal information, especially when it’s stored digitally. Keeping this information safe and secure helps you maintain trust with your clients, and it also helps you remain compliant with industry laws and regulations. As part of the Gramm-Leach-Bliley Act (GLBA), law firms ...
The Importance of Cybersecurity for Manufacturers
The manufacturing sector faces unprecedented cybersecurity challenges in today’s rapidly evolving digital landscape. As manufacturers become increasingly reliant on interconnected systems, they have also become prime targets for cybercriminals. This article will explore the most prevalent cybersecurity threats facing the manufacturing industry, examine their potential impact on operations, and provide actionable best practices to safeguard ...
What Are the Costs of a Healthcare Data Breach?
Data breaches can be devastating for healthcare organizations. Not only do these incidents disrupt your operations, but they can also cause significant financial losses that are difficult to overcome. Threat actors often focus their efforts on healthcare providers because of the sensitive, personal data they work with. According to IBM Security and the Ponemon Institute, ...
Understanding Best Practices for Healthcare Cybersecurity
Healthcare organizations are top targets for today’s cybercriminals. Patient records contain sensitive data like birthdays, Social Security numbers, and payment information. Hackers seek out this information to conduct identity theft, sell on the dark web, or even blackmail target organizations using ransomware. It is more important than ever for hospitals, insurance providers, and other healthcare ...
The Top 5 Cybersecurity Threats in Healthcare and How to Protect Yourself
In recent years, healthcare organizations have become a prime target for cybercriminals. Electronic health records are full of patient data that is highly valuable to these attackers. We saw this trend come to a head in early 2024 during the Change Healthcare cyberattack. Change Healthcare is a subsidiary of UnitedHealth Group, one of the largest ...
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