On August 24, 2018
Xero Tip: Setting up 2 Step Authentication (2FA)
From 11 Sep 2018, Xero is making it compulsory for users who have access to sensitive data (eg. payroll, the subscriber, and anyone who can change bank details in the software) to have increased security when logging in to the software. This is to reduce the risk of internet hackers using their login to change
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On August 24, 2018
Business Information Sheet – Cyber Security of Your Software
Backup of Computers and all Data Backups are essential. Offsite, remote or cloud backup is the best option; you can “set and forget”, and it then happens automatically in the background. Alternatively use an external drive and schedule regular backups, e.g. at the end of each work day. Electronic Document Storage Electronic storage of business
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On May 5, 2017
Business Information Sheet – Making Payments on Your Behalf
If you engage a bookkeeper/BAS agent to make payments on your behalf, you need to take care of security issues as this can be risky. Ensuring you have appropriate procedures and security controls in place and that you and your staff follow these at all times is very important. Inadequate internal controls can leave the
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On May 5, 2017
Business Information Sheet – Credit Card Security
Data from Australian Payments Clearing Association (APCA) in 2014 shows that 0.02% of all credit card and cheque transactions were fraudulent – total of $311 million. Over the last ten years, the amount of fraud has increased significantly due to a rise in online transactions (where the physical card is not present), and sophistication of
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