According to the Federal Trade Commission (FTC) Safeguards Rule, tax preparers, CPAs and other financial institutions must implement cyber security plans to protect client data by June 9, 2023. Failure to do so may result in an FTC investigation.
The Blue Light IT team is here to help you understand the Safeguards Rule and avoid fines or other serious consequences. Don’t risk noncompliance: Register for our free webinar on December 13 now.
Here’s what you’ll learn:
The FTC has substantially strengthened the Safeguards Rule with new requirements to increase and improve protection of sensitive consumer information. To ensure compliance, you must be prepared and informed.
The FTC Safeguards Rule affects all firms dealing in personally identifying information (PPI): CPAs, bookkeepers, accountants, tax preparers, financial advisors, car dealerships and any other firms that handle consumer financial information. For example, if your firm only works with businesses, but provides W2 forms to your customer employees, then you must comply with the rule.
Professionals and businesses affected by the rule include:
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Learn more and bring your questions about the Safeguards Rule to our free webinar.
The FTC Safeguards Rule affects all firms dealing in personally identifying information (PPI): CPAs, bookkeepers, accountants, tax preparers, financial advisors, car dealerships and any other firms that handle consumer financial information. For example, if your firm only works with businesses, but provides W2 forms to your customer employees, then you must comply with the rule.
Professionals and businesses affected by the rule include:
Learn more and bring your questions about the Safeguards Rule to our free webinar.
If you work with consumer data (e.g. full name, Social Security number, address, income, etc.) chances are you need to comply, especially if you are familiar with the W-12 tax form.
When filling out the W-12 form, you confirm under Section 11, Data Security Responsibilities, that you have a data security plan in place as well as system security protections.
You can’t just check the box and hope for the best.
Learn how to protect yourself and your business at our free webinar on December 13 at 11AM Eastern.
Compliance with the FTC Safeguards Rule is of the utmost importance. Here are five consequences of noncompliance:
You won’t need to worry about non-compliance when you follow the information provided in our December 13 webinar at 11AM Eastern.
Attend Live or Watch the Recording
Tune in to our free webinar at 11AM Eastern on Dec 13
Learn How to Protect Your Business
Review the nine steps to compliance
Book an Assessment Call With Our Experts
Find out if your business is at risk
Feel Confident You’re in Compliance
Rest assured you can protect your clients’ data
You can designate a Qualified Individual within your organization to implement and supervise your information security program or you can outsource the responsibility to the Blue Light IT team.
We will:
Learn more about the Qualified Individual role at our free webinar on December 13 at 11AM Eastern.
“Blue Light IT did a Cybersecurity Risk Assessment for me. It was professionally performed with great details and I was offered two options to choose from. Both of the options were within my price range.”
John T., Owner of Tax Preparing Firm
Fort Lauderdale, FL
Every company is different, and varies in size, scope and the amount of data they store. The only way to accurately determine a price point for security services is by performing a risk assessment.
Begin the process of meeting the FTC Safeguards Rule now. Register for our free webinar or just book a short call with our team. Entrust your business to a team of reliable and responsive experts:
You won’t regret it.