CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Will your accounting firm survive a cyberattack?

  • CPA (CA)
  • CPA (US)
Will your accounting firm survive a cyberattack?

1 Credit

FREE

Subject Area

Information Technology

Upcoming Webinars

Financial Intelligence for Entrepreneurs, Executives, and Directors

(1)

Oct 25, 2021 | 09:00 AM EDT View Details

Are You Ready for a Capital Campaign?

Oct 25, 2021 | 09:00 AM EDT View Details

Differences between IFRS and GAAP

(16)

Oct 25, 2021 | 09:30 AM EDT View Details

Corporate External Financial Reporting Decisions

(17)

Oct 25, 2021 | 10:00 AM EDT View Details

Everything You Need to Know About Partnerships

(13)

Oct 25, 2021 | 10:00 AM EDT View Details

Basis Calculations & Distributions For Pass-thru Entity Owners Schedule K-1 Analysis (Latest)

(122)

Oct 25, 2021 | 10:00 AM EDT View Details

Basic Concepts of Fixed Asset Accounting

(4)

Oct 25, 2021 | 10:00 AM EDT View Details

Excel Accountant: Internal Control

(6)

Oct 25, 2021 | 10:00 AM EDT View Details

Real Estate Tax Strategies: Cost Recovery, Partial Dispositions, Removal Cost, Int. Deductions, Repairs & Capital Improvements

(20)

Oct 25, 2021 | 10:00 AM EDT View Details

The Structure and Organization of the IRS

(745)

Oct 25, 2021 | 10:00 AM EDT View Details

Federal Tax Update – Individual & Business Current Developments

(11)

Oct 25, 2021 | 10:00 AM EDT View Details

IRS Form 1099 Reporting Req. including updates on FORM 1099-NEC (LATEST 2021)

(272)

Oct 25, 2021 | 10:00 AM EDT View Details

Money Laundering Risks and Countermeasures for Accountants and Other Professionals

(9)

Oct 25, 2021 | 10:30 AM EDT View Details

Quickbooks Online for Accountants Work Centre - Managing your Practice

(18)

Oct 25, 2021 | 10:30 AM EDT View Details

Business Killers – 12 Ways to Protect Your Business

Oct 25, 2021 | 10:30 AM EDT View Details

Course Description

“We regret to inform you, but your financial data might have been stolen.” It’s a scene straight out of your worst nightmare!

Cybersecurity has become a necessary practice for businesses across industries, especially the accounting industry. As the rate of cyberattacks grows, hackers know that vulnerable systems that contain important financial information can become easy targets.

Accounting cybersecurity practices ensure that your firm protects sensitive data, not only for the compliance of your firm but for the safety of your clients who’ve entrusted you with their financial, personal, and professional information.

What is the importance of proactive accounting cybersecurity?

The risks of not proactively addressing accounting cybersecurity vulnerabilities are significant. Without robust protections, accounting firms risk the loss of revenue, clients and reputation. For businesses, a cyberattack can mean a significant loss of time while systems are held ransom, and the costly expenses of notifying clients, analyzing the attack, remediating the business, and paying for monitoring.

In 2020, cyberattacks and data breaches cost small and medium-sized businesses (SMB) an average of $110,000 in damages. Costs were primarily calculated based on the destruction or theft of company data and disruption to regular business. This number did not include the loss of business due to damage to the company's reputation. Additionally, 60 percent of SMBs that were attacked, went out of business within six months.

Is your accounting firm prepared?

If not than before you get too nervous, it's never too late to protect your firm

In this online CPE course, the speaker will show you the steps an intelligent accounting firm owner needs to take to stop hackers and secure firms' data and reputation.

Major questions that will be answered during this online CPE webinar:

  • What are the top accounting firm cybersecurity risks?
  • What Do Accountants Risk in a Cyber Security Attack?
  • How an Accounting Firm Attack Happens?
  • What Advantage IT can do to help you with data breach security?

This session is for small to mid-sized accounting, bookkeeping, or tax firms. The content is NOT suitable for non-owners/managers/partners. Please ONLY register if you are an owner or partner of a CPA, Bookkeeping, or Tax firm.

Learning Objectives

  • To determine the costs and impacts of a data breach for an accounting firm.
  • To determine your accounting firm's risks
  • To discuss top cyber threats targeting accounting firms
  • To describe how to secure your accounting firm against cyber-attacks.

Who Should Attend?

  • Certified Public Accountant
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Enrolled Agent
  • IT Managers
  • Maryland Tax Preparers
  • Young CPA