4 Tips to Protect Your Payroll

June 19, 2023

Brand's Paycheck

As a business owner, protecting your payroll against scams is crucial. Payroll scams can leave your business vulnerable to financial fraud and data breaches. Luckily, we have a few proactive steps you can take to safeguard your payroll system:

‍Educate Your Employees: Train your staff on how to identify and avoid payroll scams, such as phishing emails and fraudulent phone calls. Encourage them to verify any unusual requests for sensitive information or changes to direct deposit instructions.‍
Create Strong Passwords: Weak passwords are a major security risk for any system, including your payroll system. Passwords should be at least eight characters long and include a mix of letters, numbers, and special characters. Encourage employees to use different passwords for different accounts and to change them regularly.‍
Monitor Accounts Regularly: Regularly monitor payroll accounts for any unusual activity, such as changes to direct deposit information or unauthorized transfers. Quick and early detection can help prevent further damage and minimize the impact of the scam.‍
Switch to Brand’s Paycheck: At Brand's, we understand the importance of keeping your payroll as secure as possible. That's why we include features like two-factor authentication, IP restrictions, and positive pay for our services to help protect your business from scams. With Brand’s, you can rest assured that your payroll is in good hands.