Understanding Cyber Liability: What Every CPA Should Know

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The threat of cybercrime is vast and growing. In the first half of 2025 alone, the IRS received nearly 300 data breaches from tax professionals, impacting as many as 250,000 clients.1 As trusted stewards of sensitive financial and personal data, your firm must take cybersecurity seriously.

 

While the true cost of a data breach varies, on average, a small business can expect to pay $120,000 to 1.24M in 2025 to respond and resolve a security incident.2

 

Cybercrimes cost companies billions worldwide and show no sign of stopping. Advances in technology are making them harder to detect.

 

Is your firm doing what it can to help protect against data breaches?

 

In this eBook, we will review the current state of cybercrime, how to improve your cybersecurity, and help reduce your firm's risk.

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