Are Your Payroll Systems Secure Against Cyber Threats?
Cybersecurity in payroll is no longer optional—it's essential. In this episode, Alex Khusid, a Certified Payroll Professional (CPP) from Payroll Resolutions, dives deep into the critical issues surrounding payroll security. From ransomware attacks to phishing scams, discover the real threats facing payroll teams today and learn actionable strategies to protect your organization.
Key Takeaways:
- How CrowdStrike and Microsoft outages exposed payroll vulnerabilities.
- The rise of ransomware-as-a-service and how it targets payroll data.
- Why "ghost employees" are the latest cybersecurity concern.
- Practical steps to secure payroll systems with air-gapped backups, user access controls, and employee training.
- How blockchain can transform payroll security.
Whether you’re a payroll leader or HR professional, this episode is packed with insights to safeguard your systems and ensure business continuity.
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Today’s Payroll podcast is brought to you by Deel, the all-in-one global-first people platform. Learn how to streamline payroll for your global team with our comprehensive checklist to help ensure compliance and increase efficiency.
Learn more: https://www.deel.com/lp/forrester-global-payroll-study/?utm_medium=sponsored-newsletter&utm_source=nickday&utm_campaign=ww_engage_download_nickday_sponnewsletter_payrollnewsletter-forresterreport-dec24_gp_all&utm_content=engage_gp_sponnewsletter_forresterreport-sponnews400-fin_en
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Stay tuned for the next episode of The Payroll Podcast, brought to you by Nick Day, CEO at JGA Recruitment, landing soon!
(00:00) Introduction to Cybersecurity in Payroll
(03:43) The Ripple Effect of Payroll Interruptions
(07:10) Phishing Scams and Sophisticated Fraud Tactics
(15:43) Economic and Security Risks of Payroll Delays
(24:34) Blockchain for Air-Gapped Payroll Backups
(31:03) Protecting API Integrations in Payroll Systems
(37:21) Top 5 Recovery Strategies for Payroll Professionals