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EOFY isn’t just tax time. It’s a spike in cyberattacks, fraud attempts, and last-minute errors. According to ASIC, cyberattacks on financial platforms spike 25–30% in June.
Your EOFY Risk Response Framework is here. Help your team stay ahead with these essential risk controls every Australian business should have in place this June.
Financial Controls
– Enforce “four-eyes” review for all fund transfers from 15 June.
– Patch systems handling payroll, super, and BAS lodgements before 25 June.
Error Reduction
– Freeze all non-essential system changes from 15 June.
– Use automated reconciliation tools with daily variance checks.
Staff Planning
– With over 60% of finance managers taking leave in early July, ensure:
– Delegated authority is in place.
– Backup approvers have system access and credentials.
– Record video approvals now to enable remote sign-off during travel periods.
From Risk Review to Live Dashboard
You’re probably doing quarterly risk reviews. In June, elevate that to a live view:
– Let execs see anomalies across finance, access control, and system events in real time.
EOFY risk is predictable, but only manageable when addressed early with clear controls.
Don’t let compliance pressure open the door to preventable breaches or financial loss.
Book your EOFY tabletop exercise with Battleground today.
In just 30 minutes, we’ll walk you through live-tested scenarios tailored to your sector, systems, and risk posture.
