FTC Safeguards Rule For Accountants: Require Reporting To the Board of Directors

Report the overall status of the information security program and your compliance with the Safeguards Rule One of the key requirements of the FTC Safeguards Rule is that accounts must receive, at least annually, reports on the current status of their information security program (ISP). The report should be reporting internal risks, like employees, contractors, […]

FTC Checklist for Accountants: Evaluate and Adjust Your ISP

To make it easy: Accountant Compliance Made Easy: FTC Safeguards Rule Checklist In today’s digital age, protecting sensitive customer information is of utmost importance. The Federal Trade Commission (FTC) Safeguards Rule outlines standards for companies to follow in safeguarding consumer information. One of the key requirements of the Safeguards Rule is to evaluate and adjust […]

Ways for Accountants to Regularly Monitor and Test the Information Security Program (ISP)

Get the complete guide on Accountant Compliance Made Easy: FTC Safeguards Checklist The Federal Trade Commission (FTC) Safeguards Rule requires that businesses establish and maintain an information security program (ISP) to protect sensitive customer information. This means that accountants, who often handle sensitive financial information, must be diligent in monitoring and testing their ISP to […]

FTC Safeguards Risk Assessment for Accountants

What is a FTC Safeguards Risk Assessment? A risk assessment is the process of identifying and assessing the risks to customer information in your possession. It involves reviewing the types of customer information you collect, how you collect it, how you use it, how you store it, and how you dispose of it. The goal […]

Accountant FTC Safeguards Rule: Tips for Designing and Implementing Safeguards

As an accountant, it’s your responsibility to protect your customers’ personal information from unauthorized access, use, or disclosure. The FTC Safeguards Rule requires businesses to identify and assess the risks to customer information in their possession and to design and implement safeguards to control those risks. In this blog post, we’ll explore what it means […]

Accountants and the FTC Safeguards Rule [2023 Full Guide]

Forward: If this becomes overwhelming, we have a free definitive guide for accountants to comply with the new 2023 FTC Safeguards Rule You can download here: As an accountant, it is essential to comply with the Federal Trade Commission’s (FTC) Safeguards Rule. The Safeguards Rule is making all accountants follow new regulations and create / […]

Email Scams Every Accountant Should Protect Against

Running an accounting firm keeps you busy, and you probably don’t spend much time thinking about cybersecurity or fraud on a daily basis. However, scammers can target any business — including accounting firms — and if you’re not informed about what a scam attempt looks like, you could easily fall victim to fraud or hand […]

What’s a password manager and how does a password manager work?

Easily managing all of your sign-in information securely is one of the main benefits of a password manager. We all have a tendency to reuse the same passwords and let our guard down for websites which we deem to be unimportant for our cybersecurity. On banking websites we might be on our best behavior but […]

Use these tips to not become a phishing scam victim

Andrew Lassise explains common phishing scam techniques in this podcast episode and how you and your accounting firm’s employees can make sure not to fall victim. You can read the article, listen to the podcast below or anywhere you listen to podcasts. A YouTube video of the podcast recording is also available here and below. […]