You may have already experienced a cybersecurity breach and not even be aware of it. According to the Ponemon Institute report, on average it takes firms 212 days to discover their business was hacked. Statistics highlight that we are more likely to experience a data breach than we are to catch the flu. The question is, "not if, but when" you will be targeted. This webcast CPE course addresses scams, threats, prevention, data security requirements and steps to take in the aftermath of a breach. The smaller your firm is, the more imperative it is to attend this session.
The Gramm-Leach-Biley (GLB) Act of 1999 requires companies defined under the law as "financial institutions" to ensure the security and confidentiality of this type of information. The "financial institutions" definition includes professional tax preparers.
Confidentiality, integrity, and availability are duties of the tax professional community to protect our clients' information from disclosure to third parties and threat from cyber-attacks.
Learning Objectives
Upon completion of this course, participants will be able to:
Explain IRS requirements for tax practice data security
Comprehend how to verify the security of preparer/firm data
Identify possible threats to your firm
How to respond to a Cyber Security hack
Discuss Cyber Insurance
Explore the Data Security Plan requirements
Analyze the IRS Security Six