Think Hackers Ignore Small Firms? Why Your WISP Is Critical for Protecting Tax Client Data

Think hackers only target Big Tech? They’re secretly eyeing your clients’ tax returns, too.

Your Written Information Security Plan (WISP) is the IRS’s blueprint to keep prying eyes out—and to avoid fines up to $100,000 under GLBA and the FTC Safeguards Rule.

Key Steps

• Enable multi-factor authentication for all logins.
• Train staff to spot phishing lures.
• Inventory every device handling sensitive data.

Get It Done

Grab the IRS’s Publication 5708 template, name a Data Security Coordinator and run an annual risk assessment. Small firms breeze through this when they tailor the plan to real-world workflows.

Your WISP isn’t paperwork—it’s a reputation shield. Skip it, and you might as well hand hackers the front door key.

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