In the current cyber security environment, it is no longer a question of if, but when your firm is going to be the victim of a data breach or cyber attack. This is especially true for CPA firms who are becoming increasingly targeted as the holders of sensitive information about their clients. This information can be used not only to compromise your clients’ information but also the information of their clients. In the midst and aftermath of a breach, there are a myriad of concerns a CPA firm needs to address. We will discuss each of these concerns and how a typical breach event unfolds.
Understand cyber liability risk and its impact on professional services firms, including CPA
Understand how data breaches typically occur at professional services firms
Understand the professional and legal responsibilities of a firm in the event of a data breach
Understand the typical data breach response process and learn strategies to help ensure an appropriate breach response
As a member of Wilson Elser’s Data Privacy & Security breach response team, Greg effectively and efficiently handles data breaches while protecting clients’ reputations. He has overseen breach response for small and large organizations, including professional services firms, educational institutions, public utilities and nonprofit organizations. In addition, he collaborates with the firm’s Government Relations practice to help ensure compliance on the part of his clients and to advise them in investigations. Greg is a contributing editor to Wilson Elser’s ESI Case Law Update 2015, an annual compendium of cases dealing with issues and developments surrounding electronically stored information.
Sarah is a Risk Control Director for CNA and oversees risk control services provided to CPA firms in the AICPA Accountants Professional Liability Insurance Program. She previously practiced public accounting for 15 years with a national public accounting firm. Risk control services provided by Sarah and her team include policyholder consultations on ways to help mitigate professional liability risk, development and delivery of risk management training and education products, authoring monthly risk management articles for the Journal of Accountancy, and creating other tools to assist CPA firms in managing their professional liability risk.