Online Credit Card Hackers Have a Field Day
Many CPAs and accounting professionals rely on the Internet to transfer client files and sensitive information, but sometimes high security just doesn't work.
Such was the case as MSNBC was able to hack through files, using a common database tool, to view the records of seven e-commerce Web sites, including personal information about cardholders. In a nutshell, the information was not password-protected.
Experts speculate that the problems stem from the sites not protecting or encrypting the database files with passwords, and that the problem may be more widespread than meets the eye.
Defenders of the sites, and small businesses in general, disagree, saying that the problem is that smaller ventures are more vulnerable to attack than the larger ones.
The solution? Ask about the security precautions in place in any ecommerce website that you frequent. If you don't get an answer that you're comfortable with, move on.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.