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IRS Statement and Instructions Regarding Recent CCH Software Outage
The IRS has been working closely with CCH to ease the impact on taxpayers caused by their recent software outage. The IRS encourages these taxpayers with a May 15 deadline to file on time, if possible. Taxpayers who cannot file on time are...
How Real Firms are Using AI for Audit
Audit professionals are using artificial intelligence in ways that are both expected and surprising, categorizing risk across entire ledgers and feeder systems without requiring a person to pore through vast amounts of data. Beyond the sheer...
Bitcoin's Surge to Almost $8,000 Rekindles Memories of Bubble
Bitcoin jumped to almost $8,000 and didn’t look back, as its longest winning streak since 2013 continued to rekindle the global cryptocurrency market.
Wolters Kluwer takes services offline after malware attack
The company started seeing technical anomalies in some of its platforms and applications on Monday.
Everyone hates passwords. Good news: They’re about to die
Passwords are a hassle, and not very secure. New technologies will eliminate the need for them–and it’s about time.
Cybercrime organizations work just like any other business: Here's what they do each day
Researchers from IBM and Google described how cybercriminal groups operate, and often mimic the behavior of companies, including the one you might work for.
Why you can't wait to prepare for disaster
For a business or CPA firm, a disaster can take the form of a catastrophic weather event, a cyberattack, or even a sudden regulatory decision that may put the future of the organization in jeopardy. It may be impossible to prevent such a...
Want to work for L'Oreal? Get ready to chat with an AI bot
The internet has revolutionized the workplace over the past three decades. Artificial Intelligence is now poised to do the same, and businesses that don't capitalize on the technology risk being left behind. Global tech giants like Amazon...
3rd email scammer guilty for targeting CT, U.S. companies
A third man pleaded guilty Tuesday for his role in an email scam that investigators claim cheated Connecticut companies and others in the U.S. out of more than $1.8 million, prosecutors say.
Confronting the risks of artificial intelligence
With great power comes great responsibility. Organizations can mitigate the risks of applying artificial intelligence and advanced analytics by embracing three principles.