Introduction
Cyberattacks on financial systems surged by 38% in 2023 (IBM). Sage Intacct’s robust security framework helps businesses protect sensitive data and comply with global regulations. Learn how to configure permissions, enable MFA, and pass audits with confidence.
Critical Security Configurations
1. Role-Based Permissions
- Restrict access to payroll, bank details, and GL adjustments.
- Template: Create roles like “AP Clerk” (view-only) vs. “Financial Controller” (full access).
2. Audit Trails
- Track user logins, data edits, and report exports for SOX/GDPR compliance.
- Pro Tip: Export audit logs quarterly for external auditors.
3. SSO & Multi-Factor Authentication (MFA)
- Integrate with Okta or Microsoft Azure AD for secure, centralized logins.
4. Data Encryption
- Enable TLS 1.2+ for data in transit and AES-256 for data at rest.
Compliance Challenges Solved
GDPR & CCPA Compliance
- Sage Intacct’s EU data centers ensure GDPR-compliant residency.
- Auto-delete obsolete records with retention policies.
SOC 2 & HIPAA Readiness
- Pre-built reports streamline audit preparation for healthcare and SaaS firms.
Case Study: SaaS Startup Avoids $2M Fine
- Challenge: SOC 2 audit flagged insufficient user activity logs.
- Solution: Configured Sage Intacct’s audit trails to track 100+ user actions.
- Result: Passed audit with zero non-conformities.
Security Checklist
☑️ Conduct quarterly user access reviews.
☑️ Test backups for ransomware recovery.
☑️ Train staff on phishing attack red flags.
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