The FTC Safeguards Rule moved into the "penalty phase" on June 9, 2023. Under the rule, tax preparers and firms providing services of a financial nature to clients must implement security plans to protect client data.
DESIGNED FOR
Accountants who processes tax returns, or, have over 5K consumer PII accessible through their systems since they must comply with the FTC Safeguards Rule (and if you do tax you also have the IRS Pub 4557 requirements).
BENEFITS
After completing this Master Class you will be able to...
- Use examples of basic security steps and determine how to take them.
- Identify the signs of data theft and how to report data theft.
- Distinguish the key steps firms
HIGHLIGHTS
The major topics that will be covered in this Master Class include:
- Learning HOW to create and roll out your firm's Written Information Security Plan (WISP).
- Understanding the best methods to get clients to follow your security protocols.
- Expert recommendations about which specific security solutions are best suited for your firm size.
- Access to a comprehensive library of downloadable policies, checklists, and templates to tailor and use in your WISP.
PREREQUISITES
Basic knowledge of tax return preparation processes and cybersecurity issues
ADVANCE PREPARATION
None