Here's$100,000 in fines per violation
Up to 5 years in prison some stuff
$100,000 in fines per violation
Up to 5 years in prison
Now they are demanding incredibly strict things for your data.
You must have things like multi-factor authentication to even log into your computer, you must be constantly monitoring the computers for vulnerabilities, logging your staffs activities, providing cybersecurity training to your staff and much more.
I own an IT firm that is cybersecurity focused and our services will get you to meet the FTC's compliance restrictions with ease.
We have done this for countless other CPA firms, and our team is ready to step in to help yours. We are amazing, professional, highly rated and can handle all of your IT needs.
Here's the best part: We are offering a FREE cybersecurity and IT audit of your firm.
We'll go through your systems and provide a punch list of things that need to be implemented to get into your firm into compliance.
They still come around even after I accidentally scared one of the technicians.
Alyssa Douglas
Super Systems
Jarmacus King
J&F
The FTC Safeguards Rule is a regulation that requires financial institutions, including CPA firms, to develop, implement, and maintain a comprehensive information security program to protect customer information. This includes measures such as multi-factor authentication, constant monitoring for vulnerabilities, logging staff activities, and providing cybersecurity training. Non-compliance can result in severe penalties.
Non-compliance with the FTC Safeguards Rule can result in penalties of up to $100,000 per violation and up to 5 years in prison. Additionally, non-compliance can damage your firm's reputation and trust with clients. It's crucial to ensure your firm is compliant to avoid these risks.
Ensuring compliance with the FTC Safeguards Rule involves several steps, including developing a Written Information Security Plan (WISP), implementing multi-factor authentication, monitoring for vulnerabilities, logging staff activities, and providing cybersecurity training. It can be a complex process, which is why many CPA firms choose to work with a professional IT service provider like us.
Our IT firm specializes in cybersecurity and compliance. We can conduct a free cybersecurity audit of your firm, identify any areas of non-compliance, and provide a list of steps to achieve compliance. We also offer ongoing support to ensure your firm remains compliant as rules and threats evolve. To get started, simply fill out our 30-second survey for your free audit.
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