Hackers have changed who and how they attack ever since the COVID-19 pandemic began. Cyber attacks are up 25 percent across the board and bad actors are targeting businesses that switched to remote work and can’t afford any downtime. CPA firms are being targeted more now than ever since most firms have introduced more vulnerabilities by moving to remote work without having adequate security infrastructure in place. This opens the doors for hackers to steal sensitive client tax data or hold a firm’s data, systems and network hostage for weeks during busy season.
CPAs make such attractive targets for cyber criminals that the IRS has grown concerned enough to release regulations and guidelines, specifically IRS Publication 4557, to get firms to take the threats seriously. More and more firms are starting to take steps to protect their livelihoods and some are even using their cybersecurity as a selling point to potential clients.
If you want to know what you need to do to keep your business safe or what is required of your firm to be compliant with IRS guidelines, register for our short complimentary webinar below. Let us help you get prepared for your next busy period.