Data Security and Cyber Liability Issues for Not-For-Profits

OL910  |  On Demand Course  |  Update  |  Self-Study

Description

Cybersecurity threats are escalating worldwide, causing considerable concern for CPAs and their clients. The U.S. has abundant resources attractive to cyber-criminals. Comparatively speaking, CPA firms and their charitable organization clients fall at opposite ends of the cybersecurity risk spectrum. CPA firms typically do not possess liquid capital exploitable by hackers but are a treasure trove of financial and personal data hackers would wish to exploit for ID theft; blackmail; and insurance, tax, and other types of fraud. Not-for-profits fall on the other end of that spectrum — often possessing greater liquid capital, weaker internal control, and considerably less data commonly exploited by hackers.

CPA firms and not-for-profit clients typically do not have the internal resources to recover from breaches without help from external experts. While data security tools to protect against or stop cyber-attacks have become more sophisticated, hackers are constantly recycling, refining, and updating old exploits and inventing new types of attacks, remaining one or more steps ahead of discovery. 
Attendees will acquire a greater awareness about cybersecurity best practices and recognition of trending cyber-threats.
This high-level, fast-moving presentation will cover topics such as:

  • Common data security risks, threats, and breaches 
  • Cybersecurity best practices pre- and post-breach
  • Recommended cybersecurity policies and procedures 
  • Cyber insurance fundamentals
  • "Claim chronicles" from CAMICO's cyber claims files


This course is part of the 2023 Not-for-Profit Conference Bundle. Purchase the conference bundle here.

Credits

Number of Credits Type of Credits
1.00 Information Technology

Prices

Member (Early Bird)
$49.00
Non-Member (Early Bird)
$79.00
Member
$49.00
Non-Member
$79.00
Your Price: $79.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

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Instructors

Duncan Will, CPA/ABV/CFF, CFE

Mr. Will leverages his more than 30 years of experience in accounting, including public accounting, forensic accounting, consulting, and audit and tax compliance, to deliver to policyholders the high-touch, high-quality CAMICO experience. He works closely with the Loss Prevention Specialists to manage the department's efforts to deliver policyholder service. Will's specialties are accounting and auditing and business valuation-related risk management. He advises policyholders through the CAMICO Loss Prevention Hotline, speaks to CPA groups, and writes articles on a wide range of topics. Topics of particular interest include complying with the AICPA's Statements on Standards for Accounting and Review Services, doubts about an entity's ability to continue as a going concern, cyber-security, and serving clients in the cannabis industry.

Will began his accounting career in 1979 as a staff accountant in the Washington, D.C. area and spent most of his public accounting career in California and Florida. He earned a Bachelor of Science in accounting from the University of Maryland and is Accredited in Business Valuation and Certified in Financial Forensics. A Certified Fraud Examiner, Will is an active member of the Association of Certified Fraud Examiners; has supplemented his education with college courses at the University of Baltimore, Golden Gate University, and Florida Atlantic University; and welcomes opportunities to expand his knowledge over a broad spectrum of accounting-related curricula.

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