• (Some) ransomware is technically advanced and has no known fix, except for the victim to rely on current backup files and backup services.
  • Ransomware and Cyber Risk Management

    Ransomware and cyber extortion represent one of today’s more malicious types of hacker attacks. It sneaks into computer systems, encrypts files, and demands a ransom before decrypting the files. A major problem is that ransomware does not always decrypt files even after the ransom is paid. Being prepared and taking precautions against cyber risk exposures such as ransomware is therefore essential. Otherwise, you’re at the mercy of criminals who prey on unprepared and unsuspecting businesses and individuals.

    Helping Clients with Legal Services


    Some clients will ask their CPA to assist them with the preparation of documents pertaining to the formation or liquidation of corporations, partnerships, estates, trusts, or other entities that require organizational documents. At other times clients will ask for help with documents pertaining to mergers, acquisitions, dissolutions, employment, severance, compensation, or stock option plans.

  • CPAs often attempt to deliver services that stretch their knowledge and skills — sometimes to the breaking point.
  • 30 Tips from 30 Years

    CAMICO offers 30 risk management tips in celebration of its first 30 years.

    CAMICO has collected valuable insights and information from the experience of more than 8,000 CPA firms across the country and from our own jury experience, research and consultations with defense attorneys. Here are 30 valuable lessons we have learned from the past 30 years to help CPAs and their firms better manage professional liability risk exposures. To learn more about each of these tips, click the ‘Read More’ link at the end of this list.

    1. What is your job?

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    Latest Articles

    • 15 Jun

      How to respond to subpoenas

      CPAs in receipt of a subpoena should consider the information in the client files, the recent communications with the client or any parties involved, and then contact their professional liability risk adviser or attorney before responding to the subpoena. CAMICO provides this consultation ... read more

    • 06 May

      Six Risk Management Mistakes CPA Firms Make

      Managing CPA liability risk exposures is a complex process, and it's easy to underestimate the potential for risk along the way. The following six mistakes can be avoided by being aware and taking the right steps.

      1. Not discussing questions about the insurance application... read more

    • 23 Apr

      Top 5 Ways a CPA Can Invite a Malpractice Lawsuit

      After more than 31 years of malpractice claims experience, CAMICO has developed a wealth of information about what causes disputes between CPAs and their clients, what leads to litigation, and how to avoid or minimize the damages from such conflicts. There are basic risk management steps t... read more

    • 15 Mar

      Tax Tip – Documenting Advice and Decisions

      All significant client meetings should be documented with a written description of the subjects discussed at the meeting. This will help ensure that both you and the client are proceeding with the same expectations and assumptions.

        ... read more