Cyber Security Accounting Industry

cyber security accounting industry

The internet has revolutionized the way we interact and share information. It is easy to become complacent about this convenience. We have undoubtedly become more vulnerable to identity theft with cyber-attacks.

Did you know that a large number of early lodged tax returns are from
fraudulent sources? Tax file numbers (TFN) can be stolen and returns are fabricated with large refunds being deposited into false bank accounts. The tax payer is un-aware until they try to lodge their actual return.

If your TFN becomes compromised it can be a nightmare for you in the future. Every interaction with your TFN is scrutinized by the ATO causing delays and holding up refunds.

There are many ways you can improve your online security.

  • Be vigilant when emailing information. You should never include your tax file number (TFN) in the body of your emails or attachments.
  • Only download from trusted sources.
  • Keep your software up to date with virus protection.
  • Trust your instinct, if an email doesn’t ‘smell’ right don’t open attachments or disclose private details.

JHL takes a proactive approach by only sending sensitive information through secure methods such as the Xero Portal and Docusign. We also ensure the latest software and virus protection is in place to protect you.

For more information on what you can do to keep safe, please see the following ATO links:

Top cyber security tips for business
Top cyber security tips for individuals
Online Security
ATO warns against identity theft

If you are interested in finding out more about how JHL Accounting is embracing new technology in order to provide you with the best and most comprehensive service you can read this blog post: It’s 2019 and the accounting world has embraced new technology.

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