With tax season behind us, it’s time to look at the things you may not have had time to focus on like your cybersecurity. CPA firms are at an extreme risk to be hacked due to the sensitive client data they hold such as financial information, social security numbers and personal identifiers. Hackers are more likely to target midsized businesses than any other entity type and midsize businesses fail at a 60 percent rate after suffering a data breach.
It is also a violation of federal law for CPAs that do not appropriately manage their data security. The Gramm-Leach-Bliley Act (GLBA) applies to financial institutions including tax return preparers and financial and investment advisers. GLBA requires that financial institutions create safeguards for protecting client data including developing, monitoring, testing and updating the cybersecurity system.
Join Alliant Cybersecurity Vice President Jon Murphy and Vice Chairman Frank Tirelli as they discuss cyber compliance and review the top cyber threats to CPAs before heading into a new tax season in 2020.
If you are a CPA looking to take serious action toward protecting your business, your firm or your clients from cyber threats, you won’t want to miss this presentation.