Search form

Blog

26 Jun

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.

By 0 Comments Read more...
02 May

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.

By 0 Comments Read more...

Pages

Latest Articles

  • 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

  • 18 Jun

    Understanding First-Party and Third-Party Cyber Exposures

    With cyber-security threats coming from all directions, it’s important for CPA firms and their staff to be aware of how the risk exposures impact the firm as well as the client. Just as important is understanding how, when there’s a claim, cyber insurance coverages work with the firm a... read more