What Are the FTC Safeguards Rule Requirements for CPA Firms in 2026?
Most CPA firms are required to comply with the FTC Safeguards Rule if they handle client financial data—and failure to comply can result in fines of up to $100,000 per violation for the business and $10,000 per violation for individuals. For a typical 10–50 employee accounting firm, compliance requires implementing 8–12 core security controls, maintaining written policies, and continuously monitoring systems. Many