General Data Protection Regulation

General Data Protection Regulation ("GDPR") is a European mandate that went into effect on May 25, 2018. The regulation is designed to establish uniform data privacy law across the European Union, and applies to any EU established business, including U.S. companies and firms with offices in the EU.

It is critical to recognize that GDPR does have implications to U.S. CPA firms, even if the firm does not have an EU office. Reference the following scenarios:
  • The firm offers services to clients ("natural persons" or "individuals") in the EU.

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Latest Articles

  • 26 May

    Advise and Warn Clients of Embezzlement Risks

    By Ron Klein, J.D.

    The classic small-business embezzlement scenario has occurred so many times over the years that CAMICO Loss Prevention specialists have it memorized:

    The client is a small business owner who is too busy running the business to supervise ... read more

  • 20 May

    Cyber-Security for Working Remotely

    CAMICO's recent cyber claims experience shows that the cyber-security of employees working remotely has not been as effective generally as cyber-security in an onsite office location. The lower security is being exploited by hackers, many of whom are increasing their ransomware demands. <... read more

  • 18 May

    PPP Update / Returning to the Office —The 'New Normal'

    CAMICO continues to monitor the information and guidance on COVID-19 relief measures being put into place by regulatory and legislative bodies to combat the detrimental impacts of this pandemic on people, as well as on the economy.

    Paycheck Protection Program ("PPP") —... read more