2023 Marcum Year-End Tax Guide

THE MARCUM YEAR-END TAX GUIDE 2023 115

Additionally, cybercriminals are increasingly targeting Mobile Device Management (MDM) systems. Organizations utilize MDM solutions to manage and secure mobile devices used by their employees. If an MDM system is compromised, cybercriminals can gain control over multiple devices, potentially leading to data breaches, unauthorized access, or the installation of malicious software. Organizations should implement strong mobile device security measures to mitigate these risks, including robust device management protocols, regular security updates, mobile antivirus software, and secure VPN connections. 6. Safeguarding Sensitive Financial & Tax Information It is critical to safeguard sensitive financial and tax-related information, especially during tax season, as cyber threats like tax fraud evolve. Businesses can employ a multi pronged approach to mitigate these risks. First, robust password security and the implementation of multi-factor authentication are vital to protect sensitive data from unauthorized access. Filing taxes promptly is essential, as delayed

filings can provide opportunities for malicious actors to impersonate you. Vigilance against scam emails, texts, and phone calls is imperative, as cybercriminals frequently pose as tax authorities to trick individuals into divulging personal information. Furthermore, ensuring the security of computers and devices by installing antivirus software, firewalls, and other protective measures is fundamental to preventing cyberattacks. Employee cybersecurity training and data privacy verification procedures should be in place to shield against tax fraud schemes and other forms of cybercrime. Additionally, purchasing an insurance policy that covers losses from cybercrime or fraud can provide added protection. By diligently following these guidelines, businesses can significantly reduce their vulnerability to cyber threats during tax time and beyond. Staying vigilant and proactive is key to safeguarding sensitive information in an ever evolving digital landscape.

FINDING AN INNOVATIVE CYBERSECURITY PARTNER As the cybersecurity threat landscape develops, businesses must be prepared to face new and emerging threats. Marcum Technology can help companies create a proactive approach to guard against cybersecurity risks. By partnering with experts who can provide comprehensive cybersecurity solutions, companies can remain agile in the face of cyber threats. Marcum Technology’s experienced cybersecurity and digital forensic specialists can help businesses plan for and respond to the latest cybersecurity and digital threats. We can also help enterprises investigate incidents and ensure their security strategies and programs are effective. By working with Marcum Technology, businesses can create a reliable cybersecurity strategy that addresses the top enterprise cybersecurity threats and mitigates the risks of cyberattacks–protecting their data, reputation, and bottom line.