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5 Practical Data Security Tips For Accounting Firms

August 24, 2020 by BPM Team

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Woman working through paperwork

Data and information is the thing that is most important for every business and firm. No matter what kind of services a firm provides protection of their data information is always their top priority. Nowadays a lot of work of the Chartered Accountant firms is done online and that is the platform where hacking happens.

Chartered Accountant firms are always looking for more ways to enhance their data protection systems so no third parties can enter their system and get access to the precious data of their clients. Accounting and ledger keeping is a sensitive task and a lot of risks and dangers are involved if someone’s personal and private data gets leaked out.

Loop Holes

If your chartered accountant firm is not famous or big enough then this thought might come across in your mind that you are safe from the hackers because they will not be interested in your chartered accountant firm at all.

But this is where you are wrong because the online internet hackers attack less famous Chartered Accountant firms the most because they know that they do not spend enough on their data protection systems.

This is the reason why we bring you this article today. In this article, we are going to discuss five practical data security tips and tricks for accounting firms!

So, keep on reading to find out more information on how you can protect the data of your chartered accountant firm!

 1. Bare Minimums:

 The first thing that you need to do is to make sure that the bare minimum of data protection has already been covered in your chartered accountant firm. This includes implementing a professional and premium quality of antivirus software in your data protection system.

You also need to keep checking from time to time that all the fire walls and other alerts are on. The subscription of your premium antivirus software always needs to be updated otherwise you can get in big trouble!

 2. Https:

 Working from home is a big trend nowadays. So, if the employees of your chartered accountant firm are working from home then make sure that the web address starts from https instead of HTTP only. This is because the s stands for security.

 3. Cards:

 It is important to keep and I on physical security as well and use cards to give access to departments of the firm.

 4. Educate:

 The most important thing is to educate the Accountants in your firm about our protection systems and how they can protect the data from hackers.


Career scope of chartered accountants in Singapore


 5. Financial Advisors:

 The best practice in this regard would be to hire a professional financial advisor for this purpose. A professional advisor will be able to guide you on how to implement data protection systems practically in your chartered accountant firm.

 Doing this will prove to be more efficient for your firm because you are going to hire a person whose job description is going to be to protect the data from your firm and clients.

Image source: Rawpixel.com

Filed Under: Accounting, Security Tagged With: accountant, Accounting, data security

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