Click A cyber coverage “Fire Drill” – professional liability insaurance implications of the CCH Axcess (Wolters Kluwer Tax & Accounting) malware attack.
By Rickard Jorgensen, FCII, ARM, ACIArb Last Monday we received a flurry of frantic phone calls from clients about the denial of access to the CCH Axcess program. On Monday May 6, between the hours of 8-10 a.m. E.T., accountants across the country started realizing their CCH products, which are based in the cloud, were […]
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jorgcpa - Posted in CCH Axcess, Cyber Liability, Cyber resources, Cyber risk management, Data protection, Fraud, Phishing scams, security, Tax Services, Third party exposure, Uncategorized
May, 13, 2019
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Data Breach and Insider Trading
CPAs practicing in mergers and acquisitions are familiar with the sensitive nature of their work and the potential for abuse of the information obtained. In addition to the conflict of interest created by trading on that information themselves, they must take extensive precautions to ensure that they do not allow that information to slip to […]
- Posted by Rickard Jorgensen
- Posted in Accountants' professional liability insurance, Client records, Client relations, Cyber Liability, Cyber resources, Cyber risk management, Data protection, Fraudulent Wire Transfers, policy coverage, risk management, security, Uncategorized
- Mar, 11, 2019
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Fraudulent Wire Transfers – the latest word
by Rickard Jorgensen, FCII, ARM, ACIArb. In the past few years we have seen quite a few of these costly and tragic situations and paid a number of claims made against our CPA firm and investment professionals clients. The essence is that a CPA or adviser (or Trustee) is induced by a trick, artifice or […]
- Posted by Rickard Jorgensen
- Posted in coverage limitations, Cyber Liability, Cyber resources, Cyber risk management, Data protection, Fraud, Fraudulent Wire Transfers, Phishing scams, social engineering, Uncategorized
- Feb, 08, 2019
- No Comments.
How To Protect Your Accounting Firm From a Cyber Attack
By Nick Matarazzo A data breach can wreak havoc on your business and its reputation. Not to mention the fines incurred and countless hours you will spend reviewing your computers and the source of the threat. Research suggests that 90% of cyber attacks stem from a phishing or social engineering attack. Educate your employees about […]
- Posted by jorgcpa
- Posted in Cyber Liability, Cyber resources, Cyber risk management, Data protection, policy coverage, policy wording, risk management, security, sextortion, social engineering, social media, Uncategorized
- Dec, 14, 2018
- No Comments.
Consent Armageddon is coming
Guest blogger Paul Paray of the Paray Law Group has permitted us to repost a very informative article regarding the consent of clients about the use of data and the changing legal environment that is governing this. ————————————————- On November 19, 2018, the UK’s Register reported how even though the Washington Post was in technical violation of the GDPR, […]
Read More- Posted by Rickard Jorgensen
- Posted in Accountants' professional liability insurance, Cyber Liability, Data protection, lawsuit
- Nov, 27, 2018
- No Comments.
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