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IT services provider, Kynektyd, has released a white paper, “Cloud Migration Best Practices: Practical Guidance for Sole Practitioners and Small Accounting Firms.” The document addresses the technological, procedural, regulatory and ethical challenges the CPA profession is facing in fewer than 20 pages.

Kynektyd’s said its framework addresses concerns about how to ensure cloud technologies used to serve clients and provide employees with greater flexibility are safe and controlled. 

The firm’s model enables practitioners to show that due care was exercised in the execution of their professional duties should a cybersecurity incident occur. Kynektyd’s shared responsibility model allows practitioners to rely on service providers’ System and Organizational Controls and Organizational Controls and Organizational Controls (SOC) audit reports for meeting their ethical and regulatory obligations. 

The whitepaper details where technology vendors’ responsibilities end and practitioners’ begin. The security framework proposed is based on a premise that makes identity the primary parameter of defense. Kynektyd says reliance on SOC audit reports allows practitioners to focus on managing who has access to clients’ data and limits the damage an employee’s compromised identity could have on their firm’s clients. 

The report utilizes simple language to describe how a practitioner can deploy artificial intelligence to improve the effectiveness of an intrusion detection and prevention system. The model is inspired, in part, by the work of Roman V. Yampolskiy, a computer scientist at the University of Louisville, Kynektyd’s protocols employ several Microsoft technologies to allow small CPA firms to realize Yampolskiy’s vision cost-efficiently, the firm said.

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
Last modified on Tuesday, 22 October 2019
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