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Top Reasons to Promptly Upgrade Your AML Software

Abrigo

Key Takeaways You should always update your software to the latest version as soon as it's available. If you or your IT department are having issues keeping up with software updates, consider a hosted solution. How does this smart phone analogy translate to your AML software solutions? Learn more. Enhanced Functionality.

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Hackers Employed By China Infiltrate Norwegian Software Company Visma

PYMNTS

Hackers employed by the Chinese government were able to get into the network of Visma, a Norwegian software company, to steal client secrets. Visma, the business software maker that has more than 900,000 corporate companies in Scandinavia and parts of Europe, said the attack was detected shortly after the hackers got into Visma’s systems.

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Reduce your accounting firm’s cyber risks with these 8 actions

Abrigo

Demand for effective cyber risk management is so strong that the AICPA is developing common criteria for CPAs to use as they help clients evaluate their programs and efforts. I know a lot of people do not take security awareness seriously, but for Sageworks, the No. Develop a security awareness program.

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British Parliament Hit By Laser-Focused Cyber Attack

PYMNTS

In today’s fast-paced, tech-savvy society, it’s not enough to install a antivirus software on any connected device and expect to never be under cyber attack. This past Saturday (June 24) British Parliament was one such entity that fell victim to a cyber attack.

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State-Backed Hackers Playing On COVID-19 Fears, US And UK Warn

PYMNTS

The Wall Street Journal reported that mentions of the coronavirus in emails with malware or other hacking software has jumped recently. As the coronavirus pandemic continues to roil the U.S. and the U.K., a wave of new cyberattacks appears to be taking advantage of the situation in both countries, according to a Reuters report.

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SMBs Severely Underestimate Data Breach Costs

PYMNTS

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Even more troubling, however, is the cloud security company’s finding that most SMBs estimate the cost of a data breach to be just $10,000. ” The U.S.

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New Survey By Kaspersky Lab Shows Cyber Attacks Are Alive And Kicking

PYMNTS

What’s more, half of the companies surveyed experienced between one and five IT security incidents in the past 12 months. “As Preparedness among all departments in the organization — such as executive leaders, engineers, IT security teams and more — is key to protecting against cyberattacks.

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