New auditing requirements SAS145 require nonprofit auditors to consider IT risks in addition to financial risks and mitigation. Learn from Darren Hulem, cybersecurity guru and senior manager in risk advisory at GRF CPAs and Advisors on the new requirements and how they may impact cybersecurity at your nonprofit.
Darren also explores and describes other cybersecurity threats that are targeting nonprofits, and best practices to defend against them. Darren is a certified ethical hacker and certified information systems auditor.
SAS145 is a statement on accounting standards that provides guidelines on a more holistic view of your risks and defenses that includes IT risks. This is a welcome move since for a decade at least IT risks have been growing in impact on financial crimes targeting nonprofits such as phishing email initiated wire fraud, account compromise, spoofing, and other financial compromises and crimes.
Darren provides an overview of the types of risks he sees at nonprofits and some simple steps organizations can take to vastly decrease those risks.
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