How to Protect Your Accounting from Cyber Attacks

A rise in cyber attacks have been making the news headlines recently and IT security has never been more important to protect yourself and your business. There are two things that you can do to protect yourself right now:

  1. QuickBooks File Size. The bigger your QuickBooks file gets, the more prone it is to crashing or getting corrupted which means you have to constantly be compressing it. At some point though, you file is going to get too big to compress and you’re going to have to move to an upgraded version of QuickBooks. Contact us if you need assistance because if your file becomes corrupted, you’re going to lose your accounting file and the history of your business.
  2. Cyber Liability Insurance. First thing is to get an experienced insurance broker to assist you. Cyber insurance is a moving target because every year it changes as much as 20 – 30% in premiums. Coverages have changed dramatically as insurance carriers start to understand the market and where the real risks might be. Think about your cyber insurance and make sure you are reviewing it every single year because chances are your projections are changing and you want to pay the minimum amount of premium possible to keep you as safe as possible.

For assistance with your QuickBooks file and cyber liability insurance, reach out to us today so you can protect your business.

This post was reviewed by our team of accounting and financial experts. TGG’s mission is to make business owners’ lives better through excellent financial management. We strive to provide the most up-to-date and objective information on accounting-related topics so our readers can make informed decisions based on factual content. All posts undergo a review process with at least one member of our Leadership Team to ensure accuracy.

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