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Ransomware: How SMBs/CPAs can protect themselves from Data and Revenue Losses.

4.7 (29)

Alan Heyman, MBA

SMLR GROUP, Inc.

Wednesday, February 19, 2020 | 12:00 PM EDT

  • CPA

1 Credit

FREE

Subject Area

Business Management and Organization

Upcoming Webinars

Course Description

People that believe they are less likely to experience a negative event are called Optimists. Small and midsize businesses (SMBs), CPA organizations and companies up to 500 employees, are not aware of this, especially when it comes to cybersecurity and how to deal with ransomware attacks and how to buy cyber insurance.

Many do not understand the scale of the threat, a lack of security expertise and resources which make them ideal targets for hackers. Enterprises are typically protected because they have sophisticated cloud-based, real-time detection systems, whereas SMBs/CPAs are often left exposed and as a result, they become the new target.

According to the Verizon 2019 Data Breach Investigations Report, 43% of cyberattacks target small businesses/ CPAs because they have rudimentary protection. And their situation is only going to get worse.

As research this year revealed, the cost of a data breach has risen 12 percent over the past 5 years, and it is particularly acute for SMBs/CPAs. In the study, companies with fewer than 500 employees suffered losses of more than $2.5 million on average.

Come and learn what you have to do for your practice and for your clients.

Learning Objectives

  • The impact of a ransomware attack on your practise
  • What does an attack mean to your clients and how to protect them & you
  • How to buy cyber insurance
  • What companies are the best cyber insurance carriers
  • Learn what laws are coming that protects you

Who Should Attend?

  • Accounting Firm
  • Business Owner
  • CPA (Industry)
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Cybersecurity Pros
  • Enrolled Agent
  • Finance Pros
  • Tax Firm
  • Young CPA

Testimonial

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(
    [no_of_record] => 29
    [average] => 4.6897
)
 

4.7

(29)
69%
31%
0%
0%
0%

KS

It is an important topic and it shows why it is very important to understand the need of security measures against ransomware. It gave me the overview and list of measures which i can adopt and implement to safeguard my firm against these cyber threats.