Safer Internet Day, February 6, 2024, serves as a timely reminder for tax professionals and taxpayers to safeguard against all security risks. UltimateTax, a leader in professional tax software, wants anyone handling private information this time of year to do so with caution.
“Cybersecurity is crucial year-round, but it is of the utmost importance during the tax season. During this time, sensitive information is being exchanged regularly between tax professionals and their clients,” said Mike Steele, CEO of UltimateTax.
Web-based professional tax software makes taxes more convenient, but private information can also be more susceptible to cybersecurity risks if tax preparers don’t take the necessary precautions. UltimateTax encourages all tax preparers to take the following steps to keep confidential information safe:
- Update Software Security. Ensure that your company’s online tax preparation software is up-to-date with the latest security updates and features to guard against evolving cyber threats.
- Enhance Client Communication Security. Utilize secure communications channels, such as encrypted client portals, to exchange sensitive information and documents. This will reduce the risk of data interception.
- Educate Staff and Clients. Promote cybersecurity awareness among staff and clients. Emphasize the importance of strong passwords, teach how to recognize phishing attempts, and remind them to stay vigilant against potential threats.
- Implement Multi-Factor Authentication. Strengthen access controls by implementing multi-factor authentication to add an extra layer of security, mitigating the risk of unauthorized access.
- Regularly Backup Data. Establish robust data backup procedures to prevent data loss in the event of a cyber incident. This will ensure business continuity and client confidence.
“Everyone can do their part to promote cybersecurity,” emphasized Steele, “and everyone can use an annual reminder.” Safer Internet Day has a global reach and encourages internet users of all ages to be conscious of their interactions within the digital space.
To learn more about why thousands of tax preparers choose UltimateTax, visit www.UltimateTax.com or call 866-686-7211 to discuss tax preparation businesses’ software solutions.
About UltimateTax Service, Inc.
UltimateTax Service, Inc. is a distinguished provider of top-quality tax software solutions with year-round support for tax professionals. Their proven track record for offering personalized and responsive services dates back to 2006.
