Neither the IRS nor Congress has specifically addressed the tax deductibility of ransomware payments made to hackers, nor has FASB.

A recent report from credit rating agency Moody's found organizations have increased their spending on cybersecurity by 70% over just four years.

Public company executives are also aiming to push third parties they deal with to boost their security, too.

A recent report said the service needs to improve its reviews of suspicious cyber activity and strengthen separation of duties.

Thought leaders on accounting tech share just what tools and systems a practice has to have today.

The Securities and Exchange Commission has proposed upgrading the EDGAR system to, among other things, shift from a per-company login system to a per-individual one.

Not looking out for insider threats can cost a company dearly.

Plus, Bill releases financial operations platform for SMBs; and other accounting technology news and updates.

High-quality access logs and data access auditing capabilities bring much of the reporting information companies need to get their arms around a data breach.

Plus, Expensify adds enhanced insights and custom reporting functionality; IMA launches new cybersecurity certificate program; and other accounting tech news.

In absence of secure systems that clients and staff will use, horror stories abound.

Plus, OnBoard launches AI assistant feature; and other news from the accounting technology arena.

New cybersecurity disclosure rules will encourage companies to formalize and standardize their IT security practices — and their accountants will help.

A pair of recently launched products use generative AI to actively train people on cybersecurity through the use of live simulations of real attacks.

Plus, Forvis launches a NetSuite tech consulting practice; and other accounting technology news.

Using the same password for both your email and bank account can cost millions of dollars.

The IRS cybersecurity program has some key weaknesses, according to a recent inspector general report.

One of the most enduring mysteries in cryptocurrency was resolved when Ilya Lichtenstein acknowledged that he executed the 2016 attack on the Bitfinex exchange.

Plus, Canopy Insights tool uses AI to answer accountants' questions; and other news and updates from the accounting technology arena.