AICPA Offers Credit Monitoring After Loss of Computer Hard Drive

The American Institute of Certified Public Accountants (AICPA) has told members that a computer hard drive containing names, addresses and Social Security numbers has been lost.


Advertisement


All Aboard the High-Velocity 2006 FRx Express! FRx Software has the engine fired up again to travel nationwide with timely training and expert guidance! Microsoft FRx and Microsoft Forecaster users, potential users and resellers don’t miss this FREE*, half-day event!

Once you’re on board, the FRx Software experts will help you gain tremendous insight into Microsoft FRx and Microsoft Forecaster. You’ll have the opportunity to hear customer perspectives and network with prospects plus pack in useful tips, and see the features and benefits of FRx Software’s financial analytic applications. Register now!


FRx Software Home Product Information
Training & Consulting Product Demo
Webcast Customer Testimonial Video



“The hard drive was damaged and had been sent out for repair by an employee in direct violation of the Institute's internal control policies and procedures,” Anthony Pugliese, Senior Vice President of Finance and Operations, told members in a May 8 letter.

The hard drive, which did not contain credit card information, has not been found despite “exhaustive investigations” within the AICPA and FedEx Express.

While there is no evidence of inappropriate access of the hard drive – it appears to be a misplaced package – the AICPA is offering one year of credit monitoring , at no cost, starting May 23. The AICPA says that in the vast majority of cases like this, the lost information is not misused.

The incident was reported to the three major credit bureaus, Equifax, Experian and TransUnion, and the state boards of accountancy and the state CPA societies.

In addition, Pugliese wrote, the AICPA is in the process of deleting Social Security numbers from its database. “We will cease collecting and maintaining them, expect in limited circumstances, and even for those, we are accelerating our efforts to develop other means of uniquely identifying our members.”

For more information, go to www.aicpa.org/PrivacyInfo or call the AICPA's Privacy Information Center at 800.826.3881.

You may like these other stories...

At long last, the Obama administration issued draft instructions along with revised draft tax forms that provide companies guidance on how to comply with the Affordable Care Act’s (ACA) employer mandate.The US Treasury...
Treasury Secretary Lew to speak on tax reform, inversionsDamian Paletta of the Wall Street Journal wrote on Friday that Treasury Secretary Jacob Lew is planning a September 8 speech about a controversial corporate strategy...
The IRS requires most freelancers and other self-employed individuals to use the cash method of accounting, under which income isn't counted until cash, a check, or an e-payment is received, and expenses aren't...

Already a member? log in here.

Upcoming CPE Webinars

Sep 9
In this session we'll discuss the types of technologies and their uses in a small accounting firm office.
Sep 10
Transfer your knowledge and experience to prepare your team for the challenges and opportunities of an accounting career.
Sep 11
This webcast will include discussions of commonly-applicable Clarified Auditing Standards for audits of non-public, non-governmental entities.
Sep 18
In this course, Amber Setter will shine the light on different types of leadership behavior- an integral part of everyone's career.