ASD has named five critical actions for Australian organisations this year. Most of the guidance behind them is written for a very different kind of organisation to an accounting, bookkeeping or financial planning practice. This is the translation — what each action means in a firm, which ones can wait, and who actually ends up doing the work.
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Shadow AI is staff using their own personal AI accounts, like ChatGPT, Claude or Gemini, to do firm work. It usually starts with good intentions: someone finds a tool that saves them hours and puts it straight to work. The gap is that the account is in their name rather than the firm's, so anything they enter sits outside your systems and leaves with them if they move on. October is Cyber Security Action Month in Australia, which makes it a good time to find out what your team is using and bring those tools inside the firm's rules.
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Cyber insurance renewal is one of the few moments a firm is formally asked to describe its own security position.
It arrives as a form. The questions look straightforward, the answers feel obvious, and the whole thing gets completed between other work.
The questions are more specific than they look — and it is easy to reach the day before the form is due still trying to confirm what your firm actually has in place.
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Practice Protect is the most widely adopted cyber security platform in the Australian accounting profession, built exclusively for accounting and bookkeeping practices.
Offshore and remote staffing has become normal in bookkeeping. It’s how practices absorb BAS season without hiring permanently, and how they take on inbox management and data entry at a workable margin.
The work arrangement is sorted. The access question usually isn’t.
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A human firewall is your team acting as an active layer of defence — trained to recognise current attack methods, verify payment and access requests before acting, and call immediately when something looks wrong. It does not replace technical controls. Phishing contributes to roughly one third of Australian data breaches, and AI-generated emails now replicate a firm’s own language and clients’ names closely enough that awareness alone cannot stop them. A security-first culture reduces how often a mistake happens. Multi-factor authentication, role-based access, and email filtering limit the damage when it does. Australian accounting firms need both.
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6 min read | Practice Management | Cyber Security | Compliance | Access Control Every cyber security provider can say “we do MFA” or “we do access control.” Few can show you the audit trail, the compliance documentation, or a support team that already understands the accounting-specific stakes when something goes wrong. This is what […]
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Accounting Cyber Security Guide 2021
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