The news this week about the massive hacking and identity theft of credit card data should raise concerns at CPA firms about how good a job theyre doing at protecting client information.
A Miami computer hacker named Albert Gonzalez has been indicted for collaborating with two Russian accomplices to steal the information on more than 130 million credit and debit card accounts. Gonzalez apparently had been detained back in 2003 for his previous activities, but the feds released him after he worked as an informant to help them build a case against a group of fellow hackers. Unbeknownst to them, he simply relocated to Florida and went back to his old ways, enabling him to throw a $75,000 party to celebrate his own birthday.
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