Cybersecurity for Tax Professionals – 2023 Update

Credit(s)

IRS CPE Credits: 2 Tax hour

This webinar reflects the new IRS guidance for Written Information Security Plans (WISP)

The IRS has recently updated its guidelines for data and cyber security placing new responsibility for the security of taxpayer’s personal information on tax preparers. This webinar is designed for tax professionals who collect and store client’s personal information, who would like to obtain an understanding of data and cybersecurity. You have probably heard of some of the more common types of cybercrimes such as ransomware, spyware, computer viruses, phishing, vishing, spoofing, data breaches, denial of service attacks, hacking, etc. This webinar is designed to familiarize tax professionals who are not information technology (IT) experts on data breach and cybersecurity risks and internal controls. Our expert speaker will review the IRS recommendations for securing taxpayer information. Speaker will cover the material in a plain language, nontechnical manner. This session will cover what you need to know, but not how to write the computer programs or code.

Webinar Objectives

• Identify how criminals commit acts of cyber fraud
• Identify cybersecurity internal controls that will protect your company from cyber criminals
• Identify the IRS cybersecurity recommendations for tax professionals
• Identify the IRS WISP Requirements
• Identify the FTC Safeguards Rule requirements

Webinar Agenda

Failure to comply with the rules could result in fines, suspensions, loss of licenses, or disbarment from practice

Webinar Highlights

• The IRS WISP requirements
• Cyber risk assessments
• FTC Safeguards Rule requirements
• Requirements under the Gramm-Leach-Bliley Act
• Requirements for securing customer PI

Who Should Attend

CPAs, CFEs, CMA, CIAs, CFFs, MAFF, CGMAs, CFOs, CEOs, EAs, and others who prepare taxes or obtain and manage taxpayer information.