In 2017, attackers targeted Equifax, a consumer credit reporting agency, by successfully finding a vulnerability within the company’s dispute portal. Here’s an example that affected millions of people: It can be frustrating waiting for your tech to bring itself up to date when you have other important business to attend to, but remember: While some software updates correct minor issues, often updates repair critical security gaps that could put your organization at risk. Once the system update is complete, you may find that any software you have now needs to be updated as well. When a major operating system like Windows or Mac has an update, you’ll probably need to plan for some downtime. While these updates can sometimes seem like a hassle, they’re often important for ensuring stability and security. No matter what kind of tech your business runs on, you’re likely familiar with periodic notifications alerting you that it’s time to update your OS or software because the developer has made enhancements, corrected bugs, fixed vulnerabilities, or other issues. Now AccountEdge customers on Mac OS must weigh the risks of their suggested workarounds against the costs and benefits of adopting a new accounting package. That’s what happened recently to Mac-based companies relying on AccountEdge, whose parent company, Priority Software, announced earlier this year that their on-premise solution would not be compatible with Mac OS Catalina or any future Mac operating systems. But what happens when critical software - for instance, your accounting system - doesn’t keep up with the times? One of the first lines of defense for keeping your data safe is ensuring that the operating system you’re running is up to date.
Sensitive company data must be kept secure from prying eyes while remaining readily accessible to those who need it.
As businesses of all sizes around the globe adopt new solutions to make day-to-day operations easier, security remains crucial.
Technology and software play integral roles in modern businesses, especially for core operational processes like accounting.
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