Accounting

As the rate of cyberattacks grows, hackers know vulnerable systems that contain important financial information are easy targets.

Accounting cybersecurity practices ensure that your firm protects sensitive data, not only for your firm’s compliance but also for the safety of your clients who have entrusted you with their financial, personal, and professional information.

Some Key Areas To Review

Phishing

  • Accounting organizations are increasingly being targeted by phishing attacks.

  • Cybercriminals contact users, impersonating legitimate business contacts.

  • Lure targets into giving up sensitive data and access to company resources.

Ransomware

  • It locks down systems and prevents access until a ransom is paid.
  • It is one of the fastest-growing types of cybercrime.

Client Risk

  • Accounting firms hold important information for individuals and businesses.
  • Accounting firms have a duty to protect this information at all costs.

Financial & Reputational Risk

  • The financial consequences of a cyberattack are considerable.
  • If exposed to an attack, it may lead to significant reputational risk.
  • Recovering some reputational losses can be difficult and as costly as the financial losses.

Many people believe that cyber-attacks are solely the domain of multibillion-dollar corporations. This is a faulty assumption, as 85 percent of managed service providers (MSPs) reported ransomware attacks on small and medium-sized businesses.

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Key NIST/CyberSecure Canada control points:

Network Perimeter & Architecture

  • The network needs to be configured, organized, and connected to ensure security and operability.
  • Use next-generation firewalls that continuously monitor activity and detect intrusions.

Backups

  • Plan to back up your data, operating systems, and applications.
  • Ensure that data and information are stored in the cloud and backed up regularly.

Email Security

  • Use appropriate signatures and standard disclaimers on email messages, faxes and other documents.
  • Report spam/junk emails immediately.
  • Carefully address emails and double-check names in the address lines.
  • Be cautious when communicating sensitive information via email.

Passwords & Authentication

  • Ensure your computer has a user profile lockout policy, which requires reentering a password to gain access.
  • Have strong password policies in place, including password complexity, password age and use of MFA.
  • Use of password managers in accordance with NIST and Cyber Secure Canada guidelines.

Patch Management

  • It’s important to update devices and software on a regular basis.
  • Ensures devices and applications are protected from attacks and operating efficiently.
  • Restricting unauthorized software applications can help mitigate exposure to potential attacks.
fixing server

Fusion Computing targeted remediation:

Risk Assessments

Risk must be gauged based on factors such as probability of occurrence, impact on the organization, and prioritization.

Risk assessments should be conducted or reviewed regularly and at least once per year.

Security Controls

  • Anti-virus and MDR
  • Secure encrypted backups
  • Data Loss Prevention
  • Encryption at rest and in transit Firewall
  • Incident Response Plan
  • Mobile Device Management
  • Policies and procedures
  • Security Awareness Training
  • Vulnerability Management
  • Multi-Factor Authentication

The CIS Critical Security Controls (CIS Controls) are a prescriptive, prioritized, and simplified set of best practices Fusion uses to strengthen your cybersecurity posture. This simplified cybersecurity approach is proven to help you defend against today’s top threats.

Testimonials

See why top employers and small business leaders say Fusion is the Best IT Company in Toronto

"It is refreshing to work with a technology vendor that is reactive in an expedient manner to our needs as a business. Fusion takes the time to learn what your current and future goals are, offers options to help you achieve them, and make you feel like your business is valued. This partnership has allowed us to reinforce the security of all our operations, protect our customers, and increase our overall efficiency. What a great TEAM!"

Naomi Clarke

Idea Factor

"I have worked closely with Fusion over the past year and I have to say that these guys are great. They manage our Infrastructure, Virtual Machines, Backups, Security, implemented our Cloud Solution with O365 and are our IT Support for staff and desktops. They came highly recommended so I am doing the same for you."

Judie Law

"Fusion Computing has been the best IT Services provider we’ve ever had. Their managed IT services offering covers all 4 of our JP Motors locations bumper to bumper. They take the time to work with us to help us understand our budget and provide solutions from help-desk through to IT Strategy. Highly recommended!"

Ryan Pattinson

JP Motors

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