Security Issues Top List of Technology Concerns


Considering the fact that much of the data used by CPAs is personal information, it’s no surprise that security issues top their list of concerns when it comes to technology, according to the AICPA’s 20th annual Top Technology Initiatives survey.

For the seventh consecutive year, participants rated “information security management” the most important issue affecting businesses’ IT strategy, investment and implementation in the coming 12 to 18 months.

Also underscoring the importance of security, “privacy management” moved up from fourth to second place on this year’s list, and “secure data file storage, transmission and exchange” came in at No. 3, the first time it has appeared on the list.

Following is the complete list for 2009:

1. Information security management

2. Privacy management

3. Secure data file storage, transmission and exchange

4. Business process improvement, workflow and process exceptions alerts

5. Mobile and remote computing

6. Training and competency

7. Identity and access management

8. Improved application and data integration

9. Document, forms and content knowledge management

10. Electronic data retention strategy

Source: AICPA, www.aicpa.org/toptech.

 

SPONSORED REPORT

8 accounting and auditing issues you can’t afford to ignore

Download this sponsored report for an overview of some of the most important developments accountants and auditors are facing today.

DOWNLOAD

Filing season quick guide — Tax year 2014

Tax season started Jan. 20. Download our “quick guide,” a printable card that contains dollar thresholds, tax tables, standard amounts, credits, and deductions to keep at your fingertips during tax season.

TAX NEWS

Expired tax provisions extended for 2014

President Barack Obama signed legislation that retroactively extended more than 50 expired tax provisions for 2014, allowing taxpayers to take advantage of a host of tax incentives during this filing season.