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Cyber Insurance

Why Florida CPA and Accounting Firms Need Cyber Insurance

Truscott Insurance Solutions
July 15, 2026
5 min read

Accounting and CPA firms are among the most attractive targets for cybercriminals, and for a simple reason: they hold financial records, Social Security numbers, and banking details for hundreds or thousands of clients in one place.

Why accountants are targeted

During tax season especially, firms move large volumes of sensitive documents by email and portal. Attackers use phishing emails that impersonate clients or the IRS, and business email compromise scams that redirect client payments. A single successful attack can expose an entire client base.

The professional stakes

Beyond the direct cost, a breach at an accounting firm carries professional consequences. Clients trust you with their most private information, and state and federal rules increasingly require safeguards and breach notification. Losing that data can mean losing the practice.

What coverage addresses

  • Breach response and client notification.
  • Funds lost to wire-transfer and invoice fraud, where covered.
  • Liability claims from affected clients.
  • Regulatory defense where insurable.

What Truscott recommends

If your firm handles client financial data, cyber coverage is close to essential. See coverage built for Florida CPA and accounting firms, or request a free quote.

Free tools from Truscott

  • Cyber insurance
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