More than 93% of accountancy firms will go bust within a year - redux

Posted by Christie Malry on March 15, 2010 at 7:40 pm

Rachael Singh is a good sport and has another go at the article I so cruelly lampooned a couple of weeks back. Here's the intro to her second attempt:

A press release passed over my desk recently in which claims were made that nearly all accountancy firms would close in the next year if they did not take better precautions against internet viruses and back up information on a daily basis.

The person mentioned in the release declared more than 90% of accountancy firms would close in the next year, if more due diligence in risk assessment of their systems were not taken.

She concludes that businesses take the security risks from social networking for granted and that for some firms, if not 93%, it will cost them a fortune. If not their business. And that's a reasonable conclusion.

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