Keeping Taxpayer Data Secure

In this course, tax preparers are introduced to the problem of cybercrime and its costs, offered methods that can be expected to reduce the chances of becoming a cybercrime victim, and informed of proper steps to take if they do become victims of cybercrime. Revision Date: March 2024
$48.00
  

Prerequisites

Prerequisites are not necessary to participate in this course and no advance preparation is needed.

Course Description

The annual global cost of cybercrime is high and getting higher all the time. In fact, cyber criminals reap a windfall from their activities that is likely to be in the trillions. Almost all of that cybercrime began with—and continues to start with—a social engineering concept known as “phishing.”

Certain business organizations, among which are those referred to as “financial institutions,” are charged by the FTC with taking particular steps to protect their customers’ financial information. Included in the category of financial institutions are professional tax preparers. Professional tax preparers normally maintain a significant amount of taxpayer information in various files—electronic and paper—that would be a treasure trove for cyber criminals.

In this course, tax preparers are introduced to the problem of cybercrime and its costs, offered methods that can be expected to reduce the chances of becoming a cybercrime victim, and informed of proper steps to take if they do become victims of cybercrime.

Course Objectives: Upon completion of this course, you should be able to:

  •          Recognize the pervasiveness of cybercrime;
  •          Identify the potential costs of experiencing a data breach;
  •          Understand the best practices that may be implemented to protect a tax preparer from cybercrime; and
  •          List the responsibilities of a tax preparer who has experienced a taxpayer data breach.

CPE Facts

Affiliation* CPE Awarded Delivery Method Field of Study Course ID Sponsor ID
NASBA 3 QAS Self-Study Taxes N/A 103137
CTEC 3/0 Self-Study Federal Tax Law 3038-CE-0347 3038
IRS 3 Self-Study Federal Tax Law FQTGU-T-00661-24-S FQTGU
Texas State Board of Accountancy 3 Self-Study Taxes 100347 002921
Pennsylvania State Board of Public Accountancy 1.5 Self-Study (Non-Interactive) Taxes N/A

* Individuals with other professional credentials should check with their state licensing board or accrediting organization to determine if this program meets their continuing education requirements.

Other Details
Last Revision March 2024
Course Expiration The CPE portion of this course expires one year from date of purchase
DrakeCPE Course Policies and CPE Affiliations