Ipswitch Blog

Tax season: A headache for you, an opportunity for hackers…

| March 16, 2011 | Data Breach, Managed File Transfer, Secure File Transfer, Visibility

Would you be surprised if I told you that nearly 40% of all data leaks within the past 3 years have happened between January 1st and April 15th?

According to the DataLoss Database there have been 2,402 data loss incidents reported between 2007 and 2010, and 916 of them happened during tax season.

Coincidence?  Maybe…

Tax season is upon us, and auditors are making the rounds.  So what are companies doing to prevent sensitive information from walking out the door?

Important questions companies should consider:

  • What kind of access is being granted to third parties, like auditors?
  • How are third parties handling and protecting your business-critical information?
  • What tax-related documents are being sent internally and externally – without a lock-and-key?

There is a critical need for visibility and security when handling sensitive documents either internally or with third-party providers – or with anyone else, for that matter.  Organizations must make it a priority to first identify the confidential information floating around its systems, people and between partners.  Then carefully consider where that data lives, who has access to it, and what policies should be implemented to ensure that it’s handled safely.

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Ipswitch Blog

This post was written by Ipswitch Blog

Ipswitch helps solve complex IT problems with simple solutions. The company’s software has been installed on more than 150,000 networks spanning 168 countries to monitor networks, applications and servers, and securely transfer files between systems, business partners and customers. Ipswitch was founded in 1991 and is based in Lexington, Massachusetts with offices throughout the U.S., Europe, Asia and Latin America.