Data security

Companies that refer to trade secrets in their Form 10-K annual reports are at greater risk of cyberattacks from criminals who are intent on uncovering them, according to a team of accounting researchers.

The Internal Revenue Service is encouraging practitioners to secure their client data.

An advisory committee report worries the IRS will focus more on tax reform than on cybersecurity.

The web application automates assessment and provides on-demand reports.

The technology will be part of the firm’s risk advisory services practice.

Industry accountants understand the reputational and material risks of a data breach, but they aren’t given enough of a say in security protocol.

The new offering strengthens the firm's cybersecurity capabilities.

The movement by major, established financial institutions could serve as a great way for accounting and audit professionals to get their feet wet on the technology.

IT expert Donny Shimamoto and firm owner Dan Moore shared some tried-and-tested approaches to keep client data secure at the AICPA Engage conference.

Now, more than ever, practitioners are vulnerable to increasingly sophisticated cybersecurity threats that can have severe consequences if appropriate protections are not put in place.