Cybersecurity for CPAs – Cybersecurity Weaknesses of CPA Firms and How Cybercriminals Exploit Them

CPA firms, particularly smaller ones, often have cybersecurity weaknesses that hackers can exploit. As mentioned in our last blog, a 2022 survey by CPA Practice Advisor found that only 40% of CPA firms had a comprehensive cybersecurity plan in place! The AICPA published an article stating, “Cybersecurity isn’t an option for CPAs – it’s a necessity.”   In order to understand … Read More

Cybersecurity for CPAs – Why do cybercriminals attack CPA firms? 

A 2022 survey by CPA Practice Advisor found that only 40% of CPA firms had a comprehensive cybersecurity plan in place.  Another report from 2022 (this one conducted by the AICPA) indicated that 25% of CPA firms experienced a data breach within the last two years.  Cybercriminals target CPA firms because of the valuable and sensitive data they handle. Cybercriminals … Read More

Cybersecurity for CPAs – What cybersecurity features should a CPA firm leverage 

A CPA firm should implement robust cybersecurity protections to safeguard sensitive client data, comply with legal and regulatory requirements, and protect its reputation. Not only are there strict legal obligations to which companies must comply, there is the moral obligation CPA firms have to protect client data.  Below, we have broken down key cybersecurity protections and the reasons they are … Read More