accountants and business advisers
10 Sep 2019
The following is a rundown of what happened during the month of July 2019. We welcome your comments, insights and questions.
Tom’s Takeaway: Breaches will continue to happen and sensitive data like your SSN may at some point be exposed. I encourage you to be proactive with your identity protections and not reactive. If you have not already done so, consider implementing a credit freeze for yourself and your family. You must do so with each of the three major credit bureaus: Transunion, Equifax, Experian. In addition, monitor your accounts on a frequent basis and practice overall good cyber hygiene.
Tom’s Takeaway: While no security program can ever guarantee a breach won’t happen, a well-designed cybersecurity program can help minimize the chance of it happening and further reduce the impact if and when it does. Don’t blindly allow your business to be a victim. If you need assistance on assessing or developing your cybersecurity program, please contact us to learn how we may help.
Tom’s Takeaway: While I am not surprised by Amazon’s and Google’s responses, fundamentally it us up to the consumer to be aware and consider the tradeoff of privacy vs functionality when using any virtual assistant or smart device. I personally do not use any voice assistant and try to avoid any unnecessary smart device. While I am open to my view changing in the future, I believe too many unknowns currently exist with how these devices and data are protected and used.
Tom’s Takeaway: Please be extra careful on what sites you interact with regarding this; it is inevitable fake sites will be created by cyber criminals to take advantage of individuals seeking assistance.
Tom’s Takeaway: While I often focus on U.S.-based cyber issues, the Bulgarian incident is a reminder that cybersecurity is a global issue. In an interconnected world across a globally-shared internet, a solution to the cybersecurity problem will require a collective global effort to combat and defeat. No one country can do it alone.
Source: PKF O'Connor Davies
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