Click Here for a free estimate!

25 East Spring Valley Avenue
Maywood, NJ 07607
1 (877) CPA-GOLD

Tag Archives: Information Security

Cybercrime Uses Social Engineering Techniques to Steal Employee Credentials and Commit Payroll Diversion

Post Image

By Rickard Jorgensen, FCII, ARM, ACIArb Recent developments clearly shows the urgent need for security awareness training. The FBI warned September 18, 2018 about new criminal campaigns that target the online payroll accounts of employees in a variety of industries. METHODOLOGIES “Cybercriminals target employees through phishing emails designed to capture an employee’s login credentials. Once […]

Read More

SEXTORTION – a new aspect to cyber crime and CPAs.

Post Image

by Rickard Jorgensen, FCII, ARM, ACIArb   Sextortion attacks against professional firms, including CPAs, are not uncommon and increasing in frequency.  Sextortion is a form of blackmail in which sexual information or images are used to extort sexual favors or cash from the victim.  The FBI offers an explantion of this new crime here. However, recently […]

Read More

Best Practices to Keep Your Firm’s Accounting Software Secure

Post Image

By guest blogger – Ella Watson. Data is one of the most valuable commodities today. Aside from being used by companies as basis for all kinds of business strategies, it is also what powers most of today’s transformative technologies, such as artificial intelligence, automation tools, and analytics. With big data’s growing importance, several strategic processes […]

Read More

Your Malpractice Insurance Policy May Not Cover You for Fraudulent Wire Transfers

Post Image

by Rickard Jorgensen, FCII, ACIArb., ARM Back in July 2017 we posted a blog about a protocol to minimize the possibility of a social engineering claim (Go here for the posting). This topic has become of interest to CPAs as the number of spoofing claims has increased.  A recent posting on the KnowBe4 website (go here […]

Read More

New Media Communication and Professional Liability Insurance

Post Image

by Rickard Jorgensen, FCII, ACIArb., ARM Last week we received an inquiry from a CPAGold™ member firm regarding text messaging with clients. After discussions with Ralph Picardi the risk consultant for the CPAGold™ program and outside counsel, the consensus was use of texts to communicate with clients is not effective risk management practice. The problem […]

Read More

Today’s Cyber Nightmare.

by Rickard Jorgensen, FCII, ACIArb., ARM. You could lose many, many hours of sleep if you read every one of the cyber articles that are being aimed at CPAs right now. However, if you haven’t thought about the risks to your firm from cyber attacks the insomnia is probably well deserved. A recent article in […]

Read More

Coverage for Theft of Clients’ Commercial Information.

by Rickard Jorgensen, FCII, ARM, ACIArb. There has been a lot of publicity about hacking attacks on CPA firms.  Most recently, the big four CPA firms have been targeted by a sophisticated hack that compromised communications, documents and plans of some of their biggest clients. An article in The Guardian newspaper described an attack on […]

Read More

Equifax Breach – what to tell clients

Post Image

We have received a number of inquiries from CPA firms asking about what advice they can give to clients to assist them to estsablish whether a client’s Personal Identifiable information has been compromise by the Equifax breach. The following is a draft of a communication that can be modified to fit the needs of your clients here. […]

Read More

The Growing Insider Threat

By LIFARS Reposted from here A security threat originating from within the organization which is targeted or attacked is an insider threat. Insider attacks are rapidly increasing and becoming more prevalent in organizations. In the past year, believe insider attacks have become more frequent. Any present or former employee who at one point had access […]

Read More

WannaCry provides a wakeup call for more training on email exploits

Originally posted May 14th, 2017 by Paul E. Paray, Esq. here. On May 12, 2017, WannaCry ransomware infections reportedly took hold of 200,000 computer systems in 150 countries.  Experts have been warning against ransomware exploits for years.  The recent rise of ransomware, however, has been a function of the low cost of financial data on the dark […]

Read More