Certified Public Accounting firms handle a vast amount of highly sensitive data belonging to their customers, clients, industry leaders, and various sectors. The rise of cybercrime over the last decade has been alarming, with incidents increasing by a staggering 80%. If left unchecked, the financial sector could face potential losses amounting to $1.5 trillion. In fact, over 98% of public accounting firms are currently under immense pressure due to the constant threat of data breaches, malware/ransomware attacks, and sophisticated phishing schemes.
Read More