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ISSUE 7
To mitigate these risks: Monitor industry alerts: Stay informed about scams targeting payroll systems via payroll associations, government agencies and cybersecurity alerts. Assess vulnerabilities: Regularly evaluate payroll processes and identify where security gaps might exist. 2. Security Awareness Human error is responsible for a significant portion of cybersecurity breaches. Education, training and resources help equip employees with the tools to detect and deal with potential threats. Here’s how to strengthen your team’s security awareness ahead of the holiday season: Educate on phishing threats: Teach staff to recognise red flags, such as unexpected emails requesting sensitive information, poor grammar or generic greetings. Utilise phishing simulation programs to conduct test exercises and keep staff vigilant. Establish verification protocols: Implement processes to verify all requests involving sensitive data, such as requests to update bank or contact details. Provide refresher training: Give seasonal updates to employees on current cyber risks and keep them alert to emerging threats and trends. Clarify incident reporting: Ensure employees know how to report suspicious activity to minimise delays in responding to threats.
“ Cybercriminals often tailor their attacks to seasonal themes, sending fraudulent emails or messages impersonating senior executives, payroll departments or employees. ” 1. Understand the Risks Awareness is the first step in protecting payroll data. Cybercriminals often tailor their attacks to seasonal themes, sending fraudulent emails or messages impersonating senior executives, payroll departments or employees. Common schemes include: Phishing emails that request login credentials to “process bonuses” or “update payroll records”. Fake employee updates seeking to change bank details for year-end payroll runs. Unauthorised access attempts masked as IT requests to “fix errors” in payroll software.
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