In order to combat the seemingly never-ending threat of data security breaches, the Gramm-Leach-Bliley Act (GLBA), also known as the Financial Services Modernization Act of 1999, was created to require CPA firms to protect the information they collect from clients by implementing written information security plans that detail how their CPA firm is equipped to protect their clients’ personal information.
Recently, the IRS initiated the Protect Your Clients; Protect Yourself Campaign to educate and inform tax professionals about their responsibilities for compliance. While the IRS has issued publications that include details and security recommendations as well as requirements, navigating this information can be difficult.
Let T3 create a detailed Written Information Security Plan (WISP) for you maintain legal compliance and attract and retain clients.