Last edition, we covered the compromised account scam, where a fake fraud specialist convinces you to move your money to a "safe" account that turns out to be anything but. This time, we're talking about something slicker—investment scams that rope you in slowly and take...
If you’ve ever picked up the phone and heard someone say they’re calling from your bank’s “fraud department,” you’re not alone. This month, we’re breaking down a scam that’s becoming far too common—the compromised account scam....
FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial ownership information (BOI) reports pursuant to the Corporate Transparency Act by the current deadlines....
FinCEN has learned of fraudulent attempts to solicit information from individuals and entities who may be subject to reporting requirements under the Corporate Transparency Act....
In today’s data-driven world, businesses increasingly rely on various types of consumer data to optimize their marketing and advertising efforts. Understanding the nuances of first-party, zero-party, and third-party data is crucial to maintaining customer trust while safeguarding privacy....
In recent years, the security of tax payments has become an increasingly pressing issue for individuals and businesses alike. As CPAs, we have witnessed cases where estimated tax payments made by check have been intercepted and stolen, highlighting the vulnerabilities associated with traditional payment methods....
The December KRS Insights Breakfast featured guest speaker Michelle Schaap, an attorney and cybersecurity expert with Chiesa Shahinian & Giantomasi, who spoke about how to protect your company from cyber-attacks. For those who missed the breakfast, this post shares some of Michelle’s eye-opening insights and...
Cyber-attacks are on the rise and the attackers are becoming more sophisticated with their tactics. It is quite common to hear of so called “mega” breaches. Two recently publicized attacks came upon the Clinton campaign and the California voter databases. Attacks are coming from sophisticated...
