Opinions & Community

Preventing Duplicate Payments

What’s in a name? The property sector is booming. Demand for new homes is skyrocketing. It’s all great news for your company. You’re busily developing housing across all the major Australian capital cities. And naturally, you need steel. Lots of steel. With trucks...

Email Filters: Will they protect you?

When it comes to stopping email-based threats, malware and email filters will only get you so far. In a recent study of 3,500 organisations, it was revealed that whilst such tools can be effective at removing most emails containing malware, a range of other dangerous...

7 steps to ensure EOFY scams don’t become EOFY losses

It’s that time of year again. Businesses across Australia are getting up to date with all their financial housekeeping before the end of the financial year (EOFY). The annual countdown to June 30 sees Accounts Payable (AP) teams under pressure to complete admin...

Money Mules: The Missing Link in the Fraud Chain

Sydney’s Botany Bay. Once the destination for notorious convicts. But by 2021, a new type of criminal could be found wondering the shoreline: the ‘money mule’. When the Australian Federal Police (AFP) arrested a 27-year-old Brighton-Le-Sands man for alleged complicity...

What you need to know about “Need to Know”

All your attempts to avoid digital fraud can amount to nothing if you don’t have the right internal access control settings. You need to ensure every person in your organisation has access to the information they require to carry out their job, without the ability to...

7 eftsure features to improve payment controls

An important component of any business is processing supplier payments securely, but digital trends have increased the risk for fraud and scams compromising the security of these payments. There are many checks and controls to consider. But in the end, whichever way...

Is your ERP leaving you exposed?

Over 300 successful exploit attempts. That’s the worrying statistic from just one popular ERP system over a brief six-month period. It’s a statistic that should be ringing alarm bells for all CFOs. The time has come to ask yourself: Is my ERP system leaving me exposed...

Accounts Payable Security Report: May 2021

Each month, the team at eftsure monitors the headlines for the latest cyber & accounts payable news. We bring you essential learnings in our Accounts Payable Security Report to help your organisation manage payments securely. Five-Fold Increase in Payments Scams...

E-invoicing: 4 Questions to Ask

As Australia embarks on its post-pandemic economic recovery, the Government is focused on the opportunities presented by digitalisation. Australia’s “Digital Economy Strategy” is a cornerstone of the 2021-2022 Federal Budget. It aims to deliver a modern digital...

Privacy: It’s everybody’s business

Gone are the days when privacy considerations were solely the purview of legal or compliance departments. These days, privacy is a core business priority. Your board, clients, employees, commercial partners and other stakeholders, all expect comprehensive safeguards...