K2's 2024 Safeguarding Taxpayer Data - A Guide For Your Required Security Plan

Overview

Regardless of size, most public accounting firms are mandated to have a written security plan in place. Failing to have such a plan in place can lead to substantial fines. Join us in this session to learn what your security plan should include and how to implement it.

Prerequisites

Fundamental knowledge of tax return preparation processes and cybersecurity issues and risks

Objectives

• List examples of basic security steps and how to take them
• Identify the signs of data theft and how to report data theft
• List examples of how to respond and recover from a data loss
• Identify examples of specific compliance issues found in the FTC Safeguards Rule

Highlights

• Understand the need to protect client data
• Learn about the required security and privacy standards
• Leave with a sample plan to consider your tax practice