Protecting Your Rights: Exploring FTC Safeguards
Anyone who works in financial services knows the importance of abiding by FTC safeguards. Adherence to these standards promotes transparency and fairness between consumers and businesses, enhancing relations. Understanding why you need to secure your customers’ rights is central to the future of any financial services provider. Stick around as we explore all aspects of […]
Training and Managing Employees for Ultimate Data Security
It’s important that every accounting firm and tax professional establish basic employee training and management protocols to protect sensitive business and tax client information. Training and managing employees for ultimate data security is an important aspect of complying with the FTC Safeguards Rule. A few months ago, we guided you through the general requirements of […]
Always Be on Guard For Potential Security Breaches
Part of running a successful accounting firm is guarding against potential security breaches. The nature of a financial services business puts you in control of sensitive client information, including taxpayer identification numbers, social security numbers, and other nonpublic personal information. Your accounting firm must understand the types of security breaches out there to guard against […]
Set Up Basic Security Measures
There are basic security measures every accounting firm and tax professional should set up to protect sensitive business and client information. These security steps ensure your accounting firm protects sensitive taxpayer information and maintains compliance with FTC Safeguards Rule. While we outlined things your accounting firms should know about the FTC Safeguards Rule, this post […]
Create an Implementation Plan
In a recent blog post, we outlined the three things your account firm should know to comply with the Federal Trade Commission (FTC) Safeguards Rule. The network security rule ensures financial institutions, like your accounting firm, are equipped to protect sensitive consumer information by methods like safeguards rule implementation plan. As part of the Rule, […]
Things You Should Know About The FTC Safeguards Rule
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 […]
What is a Data Security Plan: 3 Steps to Create Yours Today
Creating a Data Security Plan for your accounting firm is an essential step to safeguarding your business documents and sensitive client information. In the U.S., creating a written Data Security Plan is required of all tax professionals and should include several key elements to remain in compliance with federal regulations. This post covers the basics […]
Avoid Become a Victim of Social Engineering
Donna realized her mistake as soon as it happened, but it was too late. At 75, Donna was pretty tech-savvy: she kept up with the grandchildren on GooglePhotos, stayed away from Facebook and its data mining, and used her phone to text, laughing at the awful autocorrect messages that arise every-so-often. Then, she gave away […]
The Small Business Guide to Managed IT Services
If you’re a small business owner you know the importance of making sure your clients can trust you with their money and their information. But sometimes making sure all of your business systems are running smoothly and securely takes too much precious time and energy. At ABL Computers we understand how hard it can be […]
How AI Changes The Hacking Game
Most of us know about artificial intelligence and probably use it every day. We hear “artificial intelligence” and think of robots, acting and operating like human beings. We use personal assistants on our phones or in our homes powered by AI. But there is more to know about AI when it comes to security. What […]
