How Do You Write an Information Security Plan? A Step-by-Step Guide
In today’s digital age, businesses handle vast amounts of sensitive information—from client financial records to proprietary data. Protecting this information isn’t just a good business practice; in many industries, it’s a legal requirement. This is where a Written Information Security Plan (WISP) comes into play. Whether you’re running a small business or managing a larger […]
What Businesses Need a WISP? Everything You Should Know
The Importance of a WISP for Businesses Handling Sensitive Data In today’s digital landscape, businesses that handle sensitive client data must prioritize data protection actively. Industries such as accounting, tax preparation, and financial services frequently process large volumes of confidential information, including personal identification details, financial records, and proprietary business data. As such, the implementation […]
What Is the Penalty for Not Having a WISP? Everything You Need to Know
What is a WISP? A Written Information Security Program (WISP) serves as a comprehensive framework designed to safeguard sensitive information, particularly in sectors dealing with financial data. For financial professionals and Certified Public Accountants (CPAs), a WISP embodies a mandatory protocol that establishes policies, procedures, and controls tailored to ensure compliance with applicable regulations and […]
The Importance of a Written Information Security Plan for CPA Firms: Staying Compliant with IRS and FTC Guidelines
Introduction to Information Security in CPA Firms In today’s digital age, information security has become a paramount concern for Certified Public Accountant (CPA) firms. The sensitive nature of the data these firms handle, particularly tax-related information, underscores the critical importance of employing robust security measures. CPA firms are entrusted with highly confidential client information, including […]