Why is Compliance with the FTC Safeguards Rule Essential for Accountants?
Total Credits: 1.0 including 1.0 Information Technology - Technical
- Average Rating:
- Not yet rated
- Faculty:
- Jason Rori | Josh Wathen
- Course Levels:
- Intermediate
- Duration:
- 50 Minutes
- License:
Tags: Webcast
Description
Description
Compliance with the FTC Safeguards Rule is essential for accountants for several reasons. Here are some of the most significant benefits of complying with the Safeguards Rule:
· Protects Sensitive Information: Accountants have access to a slew of information that hackers want. A single return has enough information to commit identity theft. It needs to be protected from unauthorized access and needs to stay secure.
· Builds Trust with Clients: Getting things like a Cyber Safeguards Compliance and displaying it on your website or LinkedIn lets others know you take security seriously and that it’s part of doing business with you.
· Avoids Legal Actions: There are hefty fines that can put companies out of business associated with data breach. The average data breach can result in millions of dollars in restitution and permanent reputation damage.
· Improves Reputation: Following the Safeguards Rule helps others view you as a progressive accountant that focuses on data security. With this in mind, others will know they can trust you, and ultimately, end up doing business with your accounting firm. As you know, it usually comes down to does the client know, like, and TRUST you.
· Enhances Efficiency: Making sure vulnerabilities are patched and security measures are in place helps things run smooth. Smooth = fast and fast = more capacity. With more capacity, your firm is able to accomplish more while doing less.
Course Materials
| FTC Safeguards Presentation HANDOUT (1.83 MB) | Available after Purchase | ||
Faculty
Jason Rori Related Seminars and Products
Bio – “I am Jason Rorie, the founder of Triad InfoSec. This is not just a company but a testament to the power of passion, dedication, and unwavering commitment to excellence. Today, I invite you to embark on a journey with me, a journey that has its roots in experience, fueled by a vision, and bound by a steadfast resolve.
My academic journey was one of intense commitment. I earned degrees in Computer Networking Engineering, a Bachelor of Science in Management of Technology, and a Master’s in Information Assurance and Cyber Security. I did not stop there; I amassed an impressive array of certifications, including CSIE, MCSE, C|EH, CISA, CISM, CCSP, and CISSP. These were not just letters in a signature; they were symbols of a relentless pursuit of knowledge and excellence.