Protect Your Clients Against the Rise in Cyber-Attacks

CPA firms have become prime targets for identity thieves, with cyber-attacks and data breach incidents growing in frequency. Most people assume that hackers will go after larger firms, where there is more information of value to hackers. Yet the reality is that small to mid-size CPA firms are just as prone to attacks because of hackers’ perception that smaller firms are softer targets with weaker security systems.

CAMICO Posts 2016 Financial Statements, Operations Report

CAMICO, the nation’s largest CPA-directed program of insurance and risk management for the accounting profession, posted total policyholders’ surplus of $40.2 million and net income of $1.3 million for the year ended December 31, 2016.

CAMICO continued to maintain key financial ratios at historically high levels, and the policyholder retention rate for 2016 was 93.3 percent, consistent with an average policyholder retention rate of more than 93 percent for the past 23 years.

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