March 3rd in Consultant, Insolvency, News, The Business by jason2009 .

Facebook could cost accountancy firms millions of pounds

Apparently more than 93% of accountancy firms will go bust within a year due to viruses from social networking sites

Charles Tyrwhitt UK
 

Yeah right.

Apparently more than 93% of accountancy firms will go bust within a year due to viruses from social networking sites, an IT expert has warned.

The industry specialist warns firms could lose millions every year due to complications from sites such as Facebook and Twitter.

The closures could occur if firms did not have access to their data for ten days or more due to an IT disaster which are increasingly caused by viruses from social networking sites.

Fewer than half of accountancy firms back-up their data every day putting themselves at further risk.

Jason Fitzgerald, sales and marketing director at technology consultancy Certus IT, said: “These sites are easily manipulated, and by simply accepting an invitation or clicking on a link or application that is sent through these sites, an employee could infect an entire network with a virus, which, if there is no appropriate security or back-up in place, could cause the loss or theft of a company’s data.”

He adds that a company recently suffered an IT disaster for four days due to a virus downloaded from a dating website.

“Accountancy is an industry particularly at risk. Should confidential client information be stolen from computer files as a result of malware from these sites and poor internet security, the consequences could be very costly,” he said.

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