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There is always information being collected and shared at a law firm. Files go between employees and back and forth among clients, too, and these can contain critical data. One mistake could cost the firm money – and reputation. Workflow automation technology tackles document sharing and data collection to offer several benefits.
The law profession has been slow to embrace virtual work. It’s a people-oriented business, and there is great reliance on sensitive files and court documents, yet the pandemic pushed lawyers – and the rest of us – to embrace more digital technology.
Sure, lawyers were using mobile devices before. They worked in satellite offices, on-site with clients, or from home. Still, the profession’s traditionalists were loathing putting paperwork online or meeting virtually. Now they have to do so.
Trusting identity is foundational to a law firm’s work. In a law office, the documents going back and forth contain sensitive information, and contracts, negotiations, or transactions can’t be shared with the wrong parties. The industry needs to be cautious about validating identities.
The law industry isn’t known for embracing change quickly: tradition can trump a willingness to embrace new technologies. Yet digital technology has become an essential part of many lawyers’ working day. Partnering with a managed service provider (MSP) provides support and enhanced cybersecurity during this evolution.
Accountants are experts at surviving the “busy season.” Tax accountants, for instance, are slammed as annual deadlines draw near. There are slow times, too, but during crazy times, the last thing an accountant wants is essential tech going down.
Check the news any given day and you might see a report about hackers accomplishing a data breach, or of a ransomware attack encrypting all company data until it pays up. These are the well-known types of cyberattack, but there are less common cyberthreats accountants should be aware of, as well.
Many businesses were teleconferencing before COVID-19. After all, meeting virtually saves both you and your client time, and busy business owners often don’t want to spend the time to make a trip to your office. The coronavirus has hastened the move to e-accounting, but this approach presents some new problems, which we’ll address in this article.
The public cloud services market has grown dramatically, and, according to Gartner, migrating to the cloud is a top priority for a third of companies. Analysts predicted the market would reach $266 billion in 2020. Accountants enjoy cloud computing, too. This article rounds up the advantages of available cloud services.
The volume of data in the world was predicted by International Data Group to reach 59 zettabytes this year, and one big problem with the explosion of data created, captured, copied, and consumed in the world is data silos. Fortunately, there are ways to prevent data silos from slowing your business success.
Need a better idea of IDG’s predicted 59 zettabytes? That’s equivalent to filling a one-terabyte hard drive, every day, for about 161 million years. The rapid growth of data is not slowing either. Next year, the amount of data is expected to reach 74 zettabytes, and by 2023, this year’s number will have doubled to 118 zettabytes.
The healthcare industry is a top target for cybercriminals. Healthcare providers hold patients’ personal and financial data. Plus, they offer a critical service and could be more likely to pay ransom to get systems back up and running. Recognizing the threat, industry regulators have instituted cybersecurity standards. Noncompliance is costly, but the real question is whether meeting the standards is enough.
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