Tag Archives: CPA
How CPAs, CFOs, Finance Staff Can Fight Off Executive Impersonation Cyber Attacks
The American Institute of CPAs (AICPA) is looking to better equip CPAs, finance chiefs and their staffs across all industry sectors with measures to fight off cyber attacks that involve impersonating executives in order to get employees to transfer large sums of money between subsidiaries or to suppliers on behalf of the company. This type of cyber crime is part of a growing risk known as business email compromise (BEC), …
Cyber Security and the Role of CPAs with Clients
A new report by joint IMA (Institute of Management Accountants) and Association of Chartered Certified Accountants (ACCA),“Cybersecurity – Fighting Crime’s Enfant Terrible,” underscores the extent to which cyber security has become an issue for all industries and how the accounting industry can be instrumental in stemming cyber losses for their clientele.
According to the report, “no one can afford to be a cyber-fool.” Accountants and finance professionals can – and …
