BreachExchange mailing list archives

Re: CTS: Thief Steals Tax Records


From: George Toft <george () myitaz com>
Date: Sun, 04 Feb 2007 14:45:12 -0700

The FTC clearly calls out tax preparers as being required to comply with 
GLBA (http://www.ftc.gov/bcp/conline/pubs/buspubs/glbshort.htm 3rd 
paragraph).  However, in September, 2006, CPA's were able to become 
exempt from the privacy rule of GLBA 
(http://www.icpas.org/icpas/ei/gbarticle.asp).  They are still required 
to comply with the Security Rule, which nobody seems to know about.

CPA's by nature are very tight-fisted with their money, and they see 
this as yet another expense that has no benefit.  "If it's not broke, 
why should I fix it?"

This list's members are very proactive and forward-thinking.  Securing 
information is obvious to us, but eludes others, so they delegate the 
task to "the IT guy" and it's his problem because "he understands that 
stuff."  Problem is, a large percentage of IT Guys I've spoken with are 
clueless about regulatory compliance and the finer art of information 
security.

George Toft, CISSP, MSIS
My IT Department
www.myITaz.com
623-203-1760

Confidential data protection experts for the financial industry.


James Childers wrote:
But let me guess what the response was to your ad ... They didn't care
because it hasn't happened to them yet.  

Apathy coupled with stupidity is a dangerous marriage.

Do small firms have to comply with GLBA or are they exempt?  If so, how
can they justify non-compliance?

Jim Childers
iQBio
www.iqbio.com
http://databreaches.blogspot.com 

-----Original Message-----
From: dataloss-bounces () attrition org
[mailto:dataloss-bounces () attrition org] On Behalf Of George Toft
Sent: Sunday, February 04, 2007 10:38 AM
To: blitz
Cc: dataloss () attrition org
Subject: Re: [Dataloss] CTS: Thief Steals Tax Records

We tried to alert them all.  We published articles and ads in the 
Arizona Society of CPA magazine.

George Toft, CISSP, MSIS
My IT Department
www.myITaz.com
623-203-1760

Confidential data protection experts for the financial industry.


blitz wrote:

So one would/might postulate at this point the thieves are selecting 
smaller targets, with less names and info. Especially ones with less 
security, and obviously more to loose should they be compromised.

*/There should be an alert to them all.


/*At 23:39 2/3/2007, you wrote:


I would expect to see more of these.  I met an accountant in Phoenix
that had just her hard drives stolen - guess what the thief was

after?

This is a sore point for me - we hired a telemarketer to call every

CPA

in Phoenix.  There was virtually no interest on the part of the CPA's

to

protect their customer's information from this type of event.

BTW - 800 people for one firm means it's a small firm.

George Toft, CISSP, MSIS
My IT Department
www.myITaz.com <http://www.myitaz.com/>
623-203-1760

Confidential data protection experts for the financial industry.


Dissent wrote:

http://www.wndu.com/news/headlines/5530966.html

Eight hundred people are in jeopardy of having their credit ruined,
because thieves in the night stole their personal information from

a

Cassopolis tax preparer.

_______________________________________________
Dataloss Mailing List (dataloss () attrition org)
http://attrition.org/dataloss
Tracking more than 146 million compromised records in 562 incidents over
7 years.



_______________________________________________
Dataloss Mailing List (dataloss () attrition org)
http://attrition.org/dataloss
Tracking more than 146 million compromised records in 562 incidents over 7 years.



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