Opinions & Community

Don’t Cut Corners: Doing Call-Back Controls the Right Way

Call-back controls are among the most important measures to mitigate your organisation’s exposure to the risk of fraud. Unfortunately, call-back controls can also be a drain on your Accounts Payable (AP) team’s limited resources. Despite the fact that call-backs are...

Dedicated Email for Managing Invoices

Sometimes small details make a big difference. In this blog, we will explore the importance of having a dedicated Accounts Payable (AP) email address that is used exclusively for managing invoices and communications between the AP team and suppliers. To many, this may...

Vendor Email Compromise

It seems like every day ushers in a new type of cyber threat – the latest being the Vendor Email Compromise (VEC) attack. In this blog we will explore what makes VEC attacks so pernicious and how you can defend against them. Taking Responsibility Whether your network...

Accounts Payable: The Essential Guide

8 Steps to Managing a Secure Accounts Payable Function The goal of the Accounts Payable (AP) function in any organisation is simple: To ONLY pay invoices that are legitimate and accurate. At first glance this goal seems straight forward. However, any Accounts Payable...

Accounts Payable Security Report: July 2021

Each month, the team at eftsure monitors the headlines for the latest cyber & accounts payable news. We bring you essential learnings in our July 2021 Accounts Payable Security Report to help your organisation manage payments securely. Sporting and Community...

Ransomware vs BEC: Which are the Biggest Threats?

Barely a day goes by without headlines shrieking of yet another massive ransomware attack. The criminals behind these attacks seem to be getting more audacious with every successful exploit. Ransomware threats are escalating beyond everyone’s expectations. Just in the...

Construction Companies Targeted in Email Scams

The Australian Cyber Security Centre (ACSC) is warning of a growing trend affecting construction companies and their customers. In the past six months there has been an increase in cybercriminals targeting building and construction companies to conduct email scams...

Fraud and the Civil Law

Fraud is a serious criminal offence. So, when we think of holding fraudsters to account, we automatically think of the criminal justice system. However, it is worth considering fraud and its relation to the civil law. A recent case in England shows that it may be...

Remote Work and Securing Your AP Function

Here we are again. Many of us thought lockdowns were behind us. Unfortunately, this pandemic had other plans. Once again, workers across Australia have packed their laptops and headed home to resume remote work. Managing a remote Accounts Payable (AP) function comes...

Stay Ahead of Stealthy BEC Attackers

Business Email Compromise (BEC) attackers are more stealthy than ever before. That is the finding of Microsoft 365 Defender researchers, who recently uncovered and disrupted a large-scale BEC campaign. By making use of multiple cloud-based systems, the attackers were...