Cyber Crime is a disease that is afflicting the very essence of the connected world we rely on. Every message that is moving across the Internet is traversing a public infrastructure constantly watched by those that wish to hack the contents. Accountants are by definition collaborating with their clients and other professionals on issues, documents, financial information, taxes, contracts, and a host of other corroborating data using the Internet. This is in the form of email, file sharing sites and other forms of transmission.
Accountants today must implement cyber security solutions and data leakage prevention measures, in order to prevent from getting hacked or ransomed by external attackers, or exposing client information by accident by their own employees.
This is a fiduciary duty in today’s world.
According to the American Institute of CPAs, it is the world leader in driving vitality, relevance and quality across the accounting profession, furthering its trust and influence. These core principles are Integrity, Passion, Innovation, and Collaboration.
The AICPA develops standards for audits of private companies and other services by CPAs; provides educational guidance materials to its members; monitors and enforces compliance with the profession’s technical and ethical standards; and more. The AICPA is extending the services it provides CPAs to battle cyber-crime, through dedicated committees and task forces such as the Assurance Services Executive Committee’s (ASEC) Trust Information Integrity Task Force.
CPAs and Accountants generally perform some of the most sensitive engagements including Assurance and attestation services, Corporate finance, Corporate governance, Estate planning, Financial accounting, Governmental accounting, Financial analysis, Financial planning, Forensic accounting, Income tax, Regulatory Reporting and many more.
Become a Secure CPA – Secure your Information Flow and Increase Productivity:
Set your clients mind at ease. They see that news on hacking raises its ugly head daily. They also have their Identity stolen and get calls from the fraud line of their banks on a regular basis.
Cyber security in your business can be a great differentiation on the one hand and is a mission critical essential on the other. Your clients need the peace of mind that their accounting practices is delivering not only for the services provided but that you are “Cyber Secure”?