We recently wrote about the danger of impersonation scams and highlighted how generative AI is making these scams more convincing, in particular ‘Vishing’ which usually centres around telephone based scams. A more recent development, particularly worrying for professional and financial services firms, is voice cloning. This might sound like something from the Terminator but [...]
The last couple of years have seen a significant increase in digital impersonation scams specifically targeting professional services, accountancy, and law firms, and their clients. These scams exploit human error and IT related vulnerabilities, and their impacts can be devastating, ranging from financial loss to reputational damage. Why Law and Accountancy Firms Are Prime [...]
Accountancy firms have good reason to ensure they are reviewing and mitigating cyber security risks in their practices. They are prime targets for cyber criminals, in part due to the valuable financial data they hold on other companies and the significant payments they make on behalf of clients, for example, for payroll activities. The [...]
Legal and Accountancy firms faced with difficulties in recruiting enough staff are increasing turning to technology to find efficiency and reduce the burden of their workload. Microsoft 365 Copilot, Microsoft’s AI assistant tool, has been seen significant interest as its incorporated across the Microsoft office suite. With almost all workers using these applications, there [...]
All employers will use some form of payroll software to hold and use their employees’ personal data. Employees will usually provide personal data to their employer at the beginning of their employment, as well as through certain legal documentation such as a P45. It is your employer’s strict responsibility to handle your personal data [...]
Impressive advancements in technology are made daily, including an increase in the sophistication of cyber security threats. As cyber criminals continue to become more advanced in their approach, an ever-increasing challenge is posed to accounting firms in particular. To ensure client data is secure, it is essential that accounting firms are aware of the [...]
Microsoft 365 Copilot, released early in 2024, is already transforming the way businesses are using the Microsoft 365 apps, vastly increasing productivity and collaboration and bringing new skills to the workforce. The biggest impact so far has been in Microsoft Teams and in Teams meetings. Copilot has completely changed the way meetings are run, [...]
Accountancy practices are often viewed as a traditional profession and whilst some firms have grasped the digital revolution and use technology at the forefront of delivering client services, many are still struggling with software that is time consuming to use, a lack of enthusiasm and skill to utilise the latest technology and ultimately a [...]
Imagine this… You wake up in the morning and your mobile phone is dead. It died during the night. Hardware can fail at any time and these amazing devices take a daily battering in pockets / bags / coats. Perhaps you woke up late because your alarm didn’t go off? If, like me, you [...]
Accountancy and law firms have pivoted from having an office-based workforce to a significant proportion of staff being more mobile and working from home. This has had a significant impact on IT systems, with many organisations opting to switch their case and practice management to cloud or hosted provision. Whilst most firms now have [...]
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