The Federal Trade Commission (FTC) recently amended its cornerstone Safeguards Rule to ensure financial institutions adequately protect consumer information. The FTC amended the rule to provide more guidance on complying with specific requirements. As a professional accounting firm that handles sensitive information, you must understand the main requirements of the FTC Safeguards Rule, how the […]
As an accounting firm, securing sensitive client information is not only an essential component of running your business, but it’s also a federal requirement. Protecting taxpayer information is a priority for the IRS. As a priority project, they released new federal regulations and guidelines tax professionals must comply with. This post outlines the six things […]
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Not ready to make the change right now? Are you sure that your financial service business is not vulnerable to expensive problems, such as, lost data, viruses, hacker attacks and other critical issues? Do you know their policies, procedures, and service standards? This report will provide you with important questions to ask your current IT professional.
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