Cybersecurity Must Balance IT Security, Payroll Efficiency Needs

Cybersecurity in the payroll industry must strike a balance between improving IT security and maintaining payroll efficiency and privacy, a payroll professional said March 22.

“What is the user experience?” said Stephanie Salavejus, vice president and chief operating officer of PenSoft. “If I put in so many security protocols that you are unable to be efficient and productive in your day-to-day processing of payroll, what are you most likely going to do? You’re most likely going to abandon using that solution.”

Tax fraud accounts for 72% of all fraud so payroll professionals should be aware of ways to improve their ...