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In 2016, the Internet Crime Complaint Center (IC3) reported 120,000 cases of tax fraud solely from BEC scams. Top recommended finance department fraud and security practices include the following: Implement cloud-based or edge computing for streamlined data security.
So this is a law that was introduced in 2000, well, originally in 2016, then again in 2018 and in the 2018 Congress, this is a law that got, and we lobbied heavily for this unanimous consent first of the House Financial Services Committee, 56 to zero. So we're not creating the new Apple computer.
You go back in time to desktop computers, and desktop software. Your computer did what you did. Your computer wasn't phoning home somewhere, and it wasn't some human doing something. You know, back in my day with the desktop computers." David Leary: [00:05:59] I know! They'll do cash, or accrual accounting.
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