Hackers Show How to Break into Major Accounting Software Systems

The hacker transfers receivables credit balances to payables in GP Dynamics (from the white paper)

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by Rick Telberg

When finance and accounting professionals worry about computer security, they may think about stolen laptops, purloined passwords, or lost backup drives.

But few worry about hacker attacks against their accounting system software, the kind of attacks that could bring down an entire business or even up-end part of the global accounting system.

Well, start worrying.

A pair of computer science security experts has unveiled new research that shows just how easy it might be to crack into such commonly used software systems as SAP, Oracle, or even QuickBooks, Sage or Microsoft’s Dynamics.

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