• (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

    • 26 Aug

      When fraud is suspected

      Before taking any steps to help a client that may have suffered a fraud or misappropriation of assets, ask yourself the following questions:

      • Do I possess the requisite professional competence?
      • Do I have the necessary experience/qualifications?
      • Will my assistance i... read more

    • 27 Jul

      When to Use Mediation and Arbitration

      Mediation for all disputes

      Claims experience has shown that mediation has a high success rate when used as a first step to resolve all disputes, regardless of the engagement. CAMICO therefore recommends mediation for all disputes and engagements, except when the anticipated cost of... read more

    • 18 Jun

      AICPA Benevolent Fund

      As a CPA, you are a member of a growing, vibrant professional community that has afforded you great opportunities. As you plan your future, you may be considering ways in which you can help safeguard your community during times of struggle.

      ... read more

    • 18 Jun

      CAMICO War Stories #111-A and #111-B

      #111-A: Tax Return Preparation, Hacker Attack — When a hacker penetrated the CPA firm’s computer network, the firm’s cyber coverage responded with an investigation and comprehensive services.

      #111-B: Business Management Services, Email Fraud — The client... read more