Online Security - What you need to know
Recently there has been an increase in security threats in the payroll industry in Aotearoa New Zealand.
This can come in the form of fraudulent emails or people gaining access to your various logins, or finding loopholes into your accounts or website.
A recent payroll scam in Aotearoa is one where frauds email employers pretending to be an employee and ask for the bank account number to be changed. They then change the bank account from the employee's account number to their own account number, and steal the employee's wages.
Payroll managers need to put processes in place to ensure that they verify all big changes to employee details.
In general, it is important for all businesses to be aware of the possible ways that online information could be compromised.
We highly recommend reading through New Zealand Cyber Information to help you understand the cyber risks that your business faces.
Please also remember that companies like Thankyou Payroll will never ask for your password and you should never share this password with anyone. You should also change your passwords regularly.