tech and fintech

your boarding pass could onboard hackers

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while it may make a cute vacay pic, posting on social could give hackers all they need to rip you off.

by rick richardson
technology this week

any pictures of your boarding pass should be excluded when choosing which travel photos to share on social media.

the documents may appear to be nothing more than travel souvenirs outside of their primary use at the airport, but they are much more informative than many travelers realize.

more tech this week: chatgpt passes cpa exam on second try | smartwatch saves two lives | first e-road charges electric vehicles as they drive | stanford scientists 3d-print heart tissue | four of today’s new technologies that will be tomorrow’s ‘norm’ | cyber insurance costs rise in health care as attacks soar | phishing attack hackers have a new trick
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if cybercriminals can get a picture of a boarding pass, they can exploit travelers in several ways.

even while the information on the documents appears to be sparse, bad actors “can very easily bring up the rest of the things they need to know about you from public records, like your date of birth, your address, your phone number, or your email address,” according to amir tarighat, ceo of cybersecurity company agency.

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irs and ftc cybersecurity expectations of tax practitioners

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your tools for a cybersecurity compliance check-up.

by donny shimamoto
cybersecurity for accountants

in august 2019, the irs published its list of “security six” steps to protect taxpayer information.[i] these described the six “basic protections” that it expects tax prepares to utilize.

more:  how hacker-proof is your firm? | unleashing the power of technology: transforming accountants into trusted advisors | future firm growth requires a mindshift | ai, ocr, nlp & cpas: oh my!   |  accounting nerds, unlock your super powers  | early adopters gain an edge in audit | dustin wheeler: for serious cas success, hire tech teams | csr for cpas: the missing ingredient | donny shimamoto explains how ‘agile’ applies to cpa firms |  staff retention for remote workers | why the future is in risk advisory |  ready for non-cpa “cpa” firms?
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these include:

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what can chatgpt do for accounting professionals?

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the dawning of new technologies is usually daunting, but this is one we should all be excited to try.

by sandi leyva
the complete guide to marketing for tax & accounting firms

chatgpt has been in the news almost daily. it’s the latest “hot” technology. you might be wondering what’s so great about it, i.e., what can it do for accountants?

 

new course: are you looking for an accounting-specific course on chatgpt?  we have one right here! 

when we answer that question, we really need to answer a couple of questions. first, what can it not do, or what shouldn’t we use it for? and second, what tasks are safe or low-risk that we can use it for to increase our productivity?

more: make the most of cpe conferences | set bold new goals for the rest of the year | generative ai: should you avoid it or adopt it? | five ways to acquire more clients | five stages of any business | leverage your client list today | need leads? try a quiz
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first, we’ll look at what not to use chatgpt for and then we’ll look at what you should be using it for. last, we’ll examine two rules to follow when using chatgpt.
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generative ai coming to microsoft 365

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microsoft is putting a lot of eggs – $10 billion – in the openai basket.

by rick richardson
technology this week

microsoft has recently dominated the tech news cycle as a result of its $10 billion investment in openai, the company that created chatgpt, and a flurry of new products like bing chat. the redmond behemoth isn’t done either; it’s getting ready to introduce a brand-new ai-powered assistant to its office suite.

more tech this week: congress: tax prep companies shared private data with google, meta for years | the first police officer on the scene might be a drone | research: accounting pros cautiously optimistic about generative ai | first e-road charges electric vehicles as they drive | cyber insurance costs rise in health care as attacks soar | phishing attack hackers have a new trick
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dubbed microsoft 365 copilot, the feature will automate tasks like writing emails, summarizing meetings and even making beautiful powerpoint presentations. even though it all seems too good to be true, microsoft’s initial demos show promise.

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cybersecurity exemptions for orgs with less than 5,000 clients

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you may be off the hook, but not out of the woods.

by donny shimamoto

management consulting company aon described an exemption for some of the ftc requirements for firms that handle the personal identifiable information (pii) of less than 5,000 consumers.[i]

the safeguards rule provides an exception from certain requirements if the covered financial institution maintains customer information concerning fewer than 5,000 consumers. a consumer is defined in section 314.2(b)(1) of the safeguards rule as “an individual who obtains or has obtained a financial product or service from the financial institution that is used primarily for personal, family, or household purposes, or that individual’s legal representative.”

more:  how hacker-proof is your firm? | unleashing the power of technology: transforming accountants into trusted advisors | future firm growth requires a mindshift | ai, ocr, nlp & cpas: oh my!   |  accounting nerds, unlock your super powers  | early adopters gain an edge in audit | dustin wheeler: for serious cas success, hire tech teams | csr for cpas: the missing ingredient | donny shimamoto explains how ‘agile’ applies to cpa firms |  staff retention for remote workers | why the future is in risk advisory |  ready for non-cpa “cpa” firms?
goprocpa.com exclusively for pro members. log in here or 2022世界杯足球排名 today.

essentially if you handle less than 5,000 social security numbers, then it would appear that you can take advantage of this exemption. aon went on to report that if you fall under this exemption, then you do not need to address the following requirements:

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