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Protecting your clients’ money isn’t an area for compromise. You want to pick the most secure technology and work with best-in-class partners who value your clients’ security as much as you do. But how do you find those partners?
October is Cybersecurity Month—the perfect time to evaluate the automation you have in place to make sure it’s protecting your clients and is not a liability for your firm. Use these resources to help you combat fraud and protect payments as well as automate processes.
A practical cybersecurity and payments checklist for accounting firms
Technologies such as artificial intelligence (AI) give firms an edge. But they also empower cyberattackers to strike faster than ever. Attackers abuse AI to send sophisticated phishing scams, crack passwords, and launch ransomware. Following security best practices and staying proactive can help protect your clients and your firm’s reputation.
Donny C. Shimamoto, CPA.CITP, CGMA, Managing Director of IntrapriseTechKnowlogies LLC, and Laura Redmond, Founder and CEO of Redmond Accounting, provide steps on how you can secure systems and data, fight fraud, and build lasting client trust.
Your guide to BILL’s bank-level protection: Keeping payments and data secure
BILL has been a trusted leader in financial operations technology since 2006. As a publicly traded company, BILL provides the transparency and accountability accounting firms and their clients expect.Transactions are protected by bank-level security measures, regulatory compliance, strong encryption, and more. Today, 8 million network members pay or get paid using BILL2, with payment methods that include ACH, corporate cards, international payments, virtual cards, paper checks, and more. In this document, we’ll list the numerous ways BILL protects transactions for you and your clients.
Tips and tricks to help protect your business from fraud
A security breach in business finances can result in painful losses for your business. This can be by stealing a check, tricking you into sending money to a fake company, or stealing your online-banking logins. These tips from BILL and Financial Solution Advisors can help protect your firm and your clients.
Your red flag checklist for bill pay fraud
Here's a bill paying checklist to help your clients find out if their AP processes are putting their businesses at greater risk for fraud.
Digital payment security questions you need to ask
Whether you use BILL or another provider, you need to know that your company’s cybersecurity is taken seriously. So what are the key security questions you need to ask to understand if you have data protection in place around business transactions?
7 tips to keep your business and customers secure
How confident are you in keeping your business and customers safe from cyber threats? Now is an excellent time to brush up on the best practices for you and your employees. By promoting cybersecurity awareness in your workplace, you can protect your most valuable data—and your hard-earned reputation.
How to protect your business from social engineering attacks
According to VentureBeat, roughly 84% of Americans have experienced social engineering attacks, but social engineering scams aren't isolated to the United States—malicious emails, links, and websites find their victims worldwide.
In other words, there's a good chance that employees at your company have been the target of several emails, SMS texts, and phone calls designed to steal the passwords to your network and accounts.
How to spot and avoid check fraud: A guide for businesses
Not only are checks inefficient and costly, they’re also more prone to fraud risk. And even though fewer people are using them than in the past, reports of check fraud are on the rise. According to an Association for Accounting Professionals (AFP) survey, 60% of business owners had to investigate at least one fraudulent check last year. While the best solution may be to avoid paper checks completely––using fast and flexible digital payments instead––that may not always be possible. Here's what you need to know on how to identify, report, and prevent check fraud to keep you and your customers safe.
Tips for identifying and preventing vendor fraud
Fraud can come from anywhere—including your company's suppliers. Vendor fraud can cost your business thousands, in addition to destabilizing your supply chain. What can your business do to protect against vendor fraud? While exact processes can vary by region, you can start by learning more about your risks, then take steps to prevent fraud and keep your business running smoothly.
