People are worried about their health, job, and economy and to add to these, fraudsters are trying to take advantage of people’s vulnerability.

1. Accountants Combat Fraud during
COVID-19 Pandemic
The corona virus pandemic is creating enough havoc in our lives. People are
worried about their health, job, and economy and to add to these, fraudsters
are trying to take advantage of people’s vulnerability.
Phishing is one of the most common forms of cyber attacks. During a time
like this, when people are receiving countless emails related to COVID 19,
one might accidentally click on the scam mails by mistake.
If you receive an email from a stranger asking to click on something,
immediately delete it. Hackers will have different reasons to get into your
system; it can be for money, data, or to defame your company. Let the reason
be any, CPAs need to be extra vigilant as they are responsible for
safeguarding the financial data of clients.
Accountants have started to step beyond their traditional roles and help
businesses fight cyber attacks. During a crisis like this, when the IT
department has their plates full, accountants can do their part in identifying
and responding to fraud. They may not be technically equipped to fight
attacks. Still, they can alert the management and IT team if they come across
any such activities.
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2. Accountants Combat Fraud during
COVID-19 Pandemic
HLB HAMT
Level 18, City Tower-2,
Sheikh Zayed Road
PO Box 32665
Dubai – United Arab Emirates. Tel: +971 4 327 7775
E-mail: dubai@hlbhamt.com
www.hlbhamt.com