What’s your accounting firm’s true security threat level?
In this episode, Kristy and Molly tackle the vital topic of security in the accounting profession. Molly, an expert in security and compliance, outlines the biggest threats facing firms today—from data breaches to reputational risks—and discusses the importance of staying compliant with IRS requirements.
Tune in for practical advice on how firms can assess their security risks, enhance their security measures and take steps to build both client trust and compliance.
Watch the full episode on YouTube or Vimeo.
Episode highlights
- 🔒 Security partnerships matter: Firms don’t need to be security experts but must partner with trusted providers to protect client data effectively.
- ⚡ Risk reality check: Most firms underestimate their security risks until after an incident occurs, making proactive measures crucial.
- 📋 Living security plans: Written Information Security Plans (WISP) are living documents that require regular updates.
- 💻 Cloud protection: A comprehensive cloud security strategy is essential as firms face increasing threats from legitimate software vendors.
- 🎯 Three-point focus: Success requires attention to technology implementation, staff training and documented security processes.
- 🤖 AI policy gaps: Including AI usage policies in security documentation has become a critical requirement for modern firms.
- 🔄 Regular reviews: Consistent security assessments and updates help maintain strong protection against evolving threats.
About The Modern Firm® podcast
This episode of The Modern Firm podcast was brought to you by Rightworks. It was moderated and led by Dr. Kristy Short, Senior Director of Content Strategy at Rightworks, with Director of Product Marketing Dr. Molly Gallaher Boddy as the guest.
For more episodes, recaps, and resources, visit rightworks.com/resources/podcasts.