Cyber Security
October is Cybersecurity Awareness Month. Are You Prepared?
Cybersecurity Awareness Month is observed in October in the United States to raise awareness about the importance of protecting digital systems and data from cyber threats. As of the third quarter of 2024, there were over 2,000 reported data breaches affecting an estimated 1.3 billion individuals globally with major breaches affecting companies like UnitedHealth, Snowflake, […]
Fidelity E-Delivery Initiative Spurs a Surge of Phishing Scams
Last week, AAF Wealth Management informed clients about an upcoming outreach effort by Fidelity Investments and cautioned them of an increase in phishing scams as a result. During the week of September 16, Fidelity begins an email campaign to encourage clients to switch from paper copies to electronic delivery of all documents. This affects investors […]
Seminar Recap: 2024 Employee Benefit Plan Risk Update
During AAFCPAs’ recent Nonprofit Seminar (April 2024), Shawn P. Huxley, CPA, MSA and Davide Villani, CPA, CGMA updated approximately 400 attendees on employee benefit plan risk. The full session was recorded and may be viewed as a webcast at your convenience.>> Secure Act 2.0 Overview Secure Act 2.0 is designed to increase access to retirement […]
AI Risks: Establishing Workplace Guidelines 2024
AI Risks: Establishing Workplace Guidelines | Webinar OnDemand Watch AAFCPAs’ business intelligence, cybersecurity, and information risk management leaders for an informed discussion on AI risks in the workplace, from algorithm manipulation to misinformation, privacy safeguards, and transparency. Learn ways to mitigate risk by pairing AI-powered tools with human empathy, imagination, and forward-thinking capabilities. Future-proof your […]
Employee Benefit Plan Risk Update 2024
Employee Benefit Plan Risk Update | Webinar OnDemand Watch AAFCPAs’ employee benefit plan and assurance leaders for an engaging quickfire session on the Department of Labor’s 2024 agenda. Gain strategic insights on plan cybersecurity, SECURE 2.0 updates, and the proposed fiduciary advice rule. Leave with knowledge to better manage risk inherent for retirement plan fiduciaries […]
AI Aids Cyber Crime, Elevates Need for Vulnerability Management and Employee Training
AAFCPAs would like to make clients aware that leading U.S. intelligence officials recently presented on the elevated risk of cybercrime, hacking, and money laundering stemming from the rise in artificial intelligence (AI). At the International Conference on Cyber Security at Manhattan’s Fordham University, Rob Joyce, Director of Cybersecurity at the National Security Agency, touched on […]
Protect Yourself from AI Voice Scams
Voice impersonations of trusted family members, friends, even presidential candidates by artificial intelligence (AI) have been used to conduct fraud, an issue that’s become so widespread that the Federal Trade Commission released a consumer alert on the subject. In this, officials touched on the rise in chatbots, i.e., computer programs that simulate conversations, deepfakes, i.e., […]
Tax Season Brings Rise in Cyber Crime
Cybercriminals are looking for ways to capitalize on tax season, with scams on the rise as businesses and individuals prepare to file returns. This means the simple act of opening an email or answering a call could put you at risk of identity theft or return preparer fraud. Making matters worse is a rise in […]
How to Right-Size Cybersecurity to Fit the Small Nonprofit
Organizations rely on technology for communicating, managing our work, assisting us in making accurate and timely decisions, assisting customers, and staying in the know wherever we go. But along with this comes a mounting risk of data breach. Particularly susceptible are small nonprofit organizations with fewer technical safeguards, outdated security protocols, and modest IT budgets. […]