In an environment of growing cyber threats, employers play a pivotal role in protecting the personal information (PI) of their workforce. A recent PricewaterhouseCoopers survey revealed a 17% surge in fraud targeting HR and payroll teams, emphasising the need for heightened vigilance.

Employee awareness is on the rise too, with 87% of Australians seeking more control over their PI, as reported by the Office of the Australian Information Commission.

As the gatekeepers of employment and income PI, employers must protect against fraud and identity crime. Seize the opportunity to build trust, especially among the 50% of younger Australians, who are sceptical about how employers handle their personal information.

Be the employer that not only cares but takes action.

We have shared a guide that unveils the risks in traditional PI-sharing practices and advocates for secure processes. Explore the award-winning Verification Exchange by Equifax, an ISO 27001 and SOC II certified solution.

Recognised at the Australian Business Awards 2022, the Verification Exchange revolutionises employment income verification, eliminating the need for printed payslips.

In the past, sharing PI with third parties involved downloading payslips. Now, the Verification Exchange ensures instant, secure, and controlled verification, using payroll data as a source. This consumer-permissioned approach promotes transparent data exchange, free for employers and employees.

I encourage you to download the Employers Guide for more information and then get in touch with Equifax to learn more. This free service is available to Frontier Software clients.