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...

School tax breaks get House support as Democrats objectRichard Rubin of Bloomberg reported that the House of Representatives on Thursday voted to expand and simplify tax breaks for education as Republicans continue to pass...
Many senior US tax professionals believe that a streamlined audit process will be the top benefit resulting from the IRS Transfer Pricing Audit Roadmap, a new toolkit organized around a notional 24-month audit timeline,...
Tax accounting to be simplified for money-market fundsThe US Securities and Exchange Commission (SEC) voted 3-2 on Wednesday for sweeping changes to institutional money-market funds, Emily Chasan, senior editor of...

Upcoming CPE Webinars

Jul 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.
Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.