CPA cyber obligations and breach response

Through the normal course of running a firm, CPAs accumulate significant amounts of confidential client data, including a considerable amount of personally identifiable information (PII) which they have a fiduciary responsibility to protect. In addition to firms being targeted by hackers for ransomware attacks, stolen client information is a lucrative treasure trove for cybercriminals to monetize. This makes all accounting firms whether sole practitioner, small, medium, or large multi-national in size, a coveted hacker target. This article explores safeguards to