Is Cloud Payroll in Egypt Secure Enough For Businesses?
In recent times, headline-making data breaches have raised questions regarding the security of cloud-based payroll systems. After all, these systems – which contain sensitive information about employees including address and Social Security numbers – are attractive targets for hackers.
Hence, it does not come as a surprise, then, that data security and protection are two key concerns for employers when evaluating payroll systems. According to research, many businesses prefer sticking to on-premise payroll software in order to minimize the risk of external attacks.
They believe that employee data is at less risk and more secure on their own services, rather than storing it on the cloud. However, this perception has only slowed down the adoption of cloud payroll in Egypt, which let’s face it – is a more efficient and affordable option than on-site payroll software.
While security concerns may be keeping more businesses from moving their payroll processes to the cloud, the businesses already there are quite positive about the security of their data. 96% of small-to-medium sized businesses using payroll software are confident that their employee data is protected from unauthorized access.
Security is one of the main benefits of the cloud as they offer additional levels of support and security that cannot be found in traditional payroll systems, such as guarded protection of physical servers, regular security audits as well as staff dedicated to monitoring threats. Moreover, many vendors also provide strong levels of encryption, whereas servers maintained on-site may not have the same level of protection to offer.
While cloud payroll in Egypt will bring you added levels of security, it is still important for businesses to take internal security precautions to prevent any unfortunate incident. Since these systems can be accessed remotely, businesses must ensure access is granted to authorized individuals only. Here are some simple ways you can keep your employee data secure:
- Early Detection – It is highly recommended that businesses train employees to identify the signs of phishing emails. In addition, they should be told never to provide their payroll credentials into a website or form linked in an email.
- Strong Password – When it comes to login credentials, you should always follow the best practices. Remember, your password must be long, and include special characters, letters and/or numbers.
- Two Factor Authentication – This requires users, after entering the password, to provide a secondary form of identity verification. Methods range from an email to a text message on your mobile devices that creates a unique pin.
Cloud payroll in Egypt presents businesses with a wide range of benefits, including strong levels of security, lower front up costs, etc. However, despite the fact that employee data is extremely secure on the cloud, businesses too need to play their part by investing in security monitoring, encryption and SSL technology to ensure their systems are not compromised.