Visit cpajournal.com to read the very latest from The CPA Journal
TFA | Identity Theft
Full articles of The CPA Journal are available to NYSSCPA members and CPAJ subscribers ONLY. Please login to access this content.
Nonmembers and nonsubscribers, you can apply for NYSSCPA Membership here and get unlimited access to The CPA Journal, or you can create a non-member online account here and purchase individual articles.
Sidney Kess, JD, LLM, CPA, James R. Grimaldi, CPA, and James A.J. Revels, CPA
Identity theft continues to be a serious issue for individuals and businesses. According to Javelin Research's 2016 Identity Theft Study, $15 billion was stolen from 13.1 million individuals in 2015 (Al Pascual, Kyle Marchini, and Sarah Miller, “2016 Identity Fraud: Fraud Hits an Inflection Point,” Feb. 2, 2016, http://bit.ly/2fWJgco). For businesses, data breaches can compromise customers, clients, and employees; furthermore, it has been estimated that 90% of data breaches impact small businesses (“Small Businesses: The Cost of a Data Breach is Higher than You Think,” First Data Market Corporation, http://bit.ly/2gQCl1Z). In light of these statistics, it is essential for CPAs to address the financial and tax issues related to individual identity theft as well as compromised business data that can translate into identity theft for customers, clients, and employees.
Post a resume or job listing in our Career Center to connect with hundreds of employers or job seekers.
Join 26,000 of your peers. Apply for membership today!
Find CPE Conferences, Seminars, and Online Courses Here.
Save up to 40% on CPE
with the FAE Value Pass.
Get insight and analysis into
all areas of the profession.
Content provided by and exclusively for NYSSCPA members.
Stay up to date with important
A daily roundup of the latest from around the accounting and financial industry.
strong PAC means a strong profession. Donate Today.
Help develop a strong
network of connections.
A resource for NYSSCPA Members.
expert answers to technical questions.
career off right with an experienced mentor.
It's never too early
to start thinking about your career.