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You Lost Your Accounting, Now What?

Accounting data is highly essential for an organization. It holds critical information that forms the cornerstone of financial decisions and goals of the organization. Paramount care needs to be taken so that this valuable information is not lost. But if by bad chance it gets lost, there are some measures you need to put in place to stop further damage or losing the rest of the information that is yet to be destroyed. Here are the maneuvers that you need to do once you lose your accounting data.

Don’t panic

Losing the critical accounting data can be stressful and can easily lead you to panic. Whatever situation it may be, maintain your cool and avoid making an irrational decision which can negatively affect the data recovery efforts. Take some time to understand the crisis before you take any other action.

Do not plug the device in

Immediately stop using the computer and unplug it from the power source. If you continue using the computer, the information may be destroyed further especially if it is being erased by a malware or a mechanical problem with the computer hard disk.

Check for backups

The first thing you need to is to check into the backup mechanisms that hold copies of your accounting data. This looks like an obvious step to take but you will be shocked how useful it can turn out to be when you realize that all your information is safe on a storage medium or in the cloud. However, this is only possible if you have been making frequent backups of your accounting data.

Notify a specialist

In case you can retrieve your backup data, the next thing you should do is call the IT department or notify your IT service provider, give all the need information that s/he can use to recover the data.

Package the devices carefully

Accounting data is highly sensitive. Before you transport the devices to the recovery service provider, ensure that you package your devices carefully and remember to attach a tracking device so that they don’t end up in wrong places. Package your devices in the bigger boxes that are twice their sizes complete with shock absorbing material around them. You can protect your computers further by sealing them in an anti-static bag.

Do not attempt to open the hard drive

Unless you are an experienced data recovery specialist, do not attempt to open the hard drive holding your accounting data. No matter how careful you are, there is a likelihood you will make mistakes and ruin your hard drive. If your hard disk is the spinning type, exposing it just mild dust can destroy it and make it impossible to recover any held information.

Try out OS restore mechanisms

If the accounting data lost isn’t part of the critical financial database and your computer has some restore mechanisms in place, try out using them to recover it. This can be a better maneuver if the data isn’t much critical. It is also an immediate and cheaper alternative to data recovery when doesn’t need any skills.

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What does the cyber landscape look like for 2018?

What does the cyber landscape look like for 2018

2017 is nearing the end. It has been an eventful year for the cyber speculators and anyone interested in technology trends. This year we saw the release of Tesla ModelX electric car with a much improved Artificial Intelligence in its autonomy driving concept. It is a year we the world saw the first large scale Ransomware attack that sent chills in the corporate world. Hackers have been on the prowl in the big part of this year with Russian hackers being accused of hacking into foreign diplomatic establishments and committing espionage acts. Foreign officials have been advised to be careful when checking in hotel WiFi connections because they have become new attack spots. I have examined an array of security and technology articles in connection with events planned for 2018 and have come up with predictions or projections on how the cyber landscape of 2018 is going to be. Here are top cyber trends expected in 2018.

More trouble with the Internet of Things

Through 2018 over half on Internet of Things (IoT) won’t be able to provide sufficient safety for the devices and their clients’ confidential information. Currently, the IoT accounts for less than 10% of cyber security budget. The continued popularity of smart watches, smart cars, smart TVs and everything else connected to phones via the internet is going to pose a serious security nightmare to cyber security experts who are going to concentrate more on usability rather than security. The issues created by the internet of things will pose communication challenges and user data security.

Cloud storage and security is going to soar

It seems that we are yet through with cloud storage yet. The platform is expected to grow with more people and organizations preferring it to physical storage solutions. This is also going to pose data safety problems especially with the advent of shared cloud service concept which will drive the platform unstable and more vulnerable to attacks.

We are going to have fewer passwords around

It is projected that the use of passwords is going to fall by as much as 20% due to the penetration of recognition technologies. Roughly half of Smartphone that will be shipped in 2018 will incorporate some recognition technology instead of passwords. The iPhone 8, for instance, is poised to come equipped with 3D facial recognition sensors which will replace the touch ID technology on iPhone 7. Samsung and Sony Xperia are expected to improve their iris scanning technology.

Further Rise of the second generation of malware

As cybercrime goes mainstream, there is going to be more ransomware strikes targeting corporations. Currently, fileless malware is on the rise while database based antivirus is becoming ineffective.

Nation cyber wars and state sponsored hacking

Well, this has been around quite for a long time since the Chinese started hacking American corporations. Lately, Russia has been accused of meddling in electoral processes of other western countries the latest being the French elections. The standoff is going to deepen with more nations establishing security measures to counteract the influence.