A malware attack against accounting software giant Wolters Kluwer is causing a 'quiet panic' at accounting firms.
Key Points
Risk management VP Elizabeth Queen told CNBC the company is working "around the clock" to restore service.A malware attack on Wolters Kluwer, a popular tax and accounting software platform, has left many in the accounting world unable to work this week and sparked concerns about the security of the tax return and financial information stored on the company's cloud servers.
Queen reiterated a written statement issued yesterday by the company, which said "We have seen no evidence that customer data was taken or that there was a breach of confidentiality of that data. Also, there is no reason to believe that our customers have been infected through our platforms and applications. Our investigation is ongoing."The attack started around 8am Eastern Time on Monday.
One accountant in the Southeast said his investment firm uses to store client tax returns, working papers and other important information. He asked to speak to CNBC on background because he is not authorized by his employer to speak to media. "We're, of course, watching it closely and having our own people look at the problem," she said. The cybersecurity professional asked to remain anonymous because she is not authorized to speak to media.
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