Accounting and financial services firms manage highly sensitive financial data, tax records, and client wealth information — making them attractive targets for cybercriminals and subject to strict regulatory obligations. At the same time, the productivity tools that modern accounting practices rely on demand a well-configured, reliably supported IT environment. Kinsoft provides managed IT support and cybersecurity services specifically designed for accounting firms, bookkeepers, financial planners, and mortgage brokers across Sydney.
IT Challenges for Accounting and Financial Services
- Accounting software ecosystems — MYOB, Xero, QuickBooks, Handisoft, APS, and CCH Central all require expert installation, integration, and support
- ATO connectivity and digital services — secure access to the ATO’s digital services, SBR2 connectivity, and tax agent portal requirements
- ASIC and AFSL obligations — financial services licensees face specific requirements around cybersecurity, record keeping, and data handling
- Sensitive financial data protection — tax returns, financial statements, SMSF records, and personal financial information require the highest levels of access control and encryption
- Business email compromise — invoice fraud and fund redirection attacks specifically target accounting practices and their clients
Our Services for Accounting Firms
- Accounting software support — MYOB, Xero, QuickBooks Online, Handisoft, APS, BGL Simple Fund 360, and Class Super
- Tax agent portal and ATO digital services — configuring secure access to ATO portals and ensuring compatibility with SBR2 requirements
- Cybersecurity for financial services — EDR, email security with invoice fraud detection, MFA enforcement, and staff phishing training
- Client portal security — configuring and securing portals used to share sensitive client documents
- Backup and compliance — encrypted backup of financial databases with retention periods appropriate for tax and regulatory requirements
- Microsoft 365 and Teams — configuring M365 for accounting workflows including secure document collaboration and client communication
ATO Fraud and Cybercrime Targeting Accountants
The Australian Taxation Office regularly warns accounting practices about cyberattacks targeting their systems. Common attack vectors include credential theft through phishing, exploitation of remote access tools, and supply chain attacks via accounting software vulnerabilities. A compromised accounting firm’s ATO credentials can be used to lodge fraudulent tax returns on behalf of clients — creating significant financial and reputational damage. Kinsoft implements the controls needed to significantly reduce this risk.
Frequently Asked Questions
What accounting software does Kinsoft support?
MYOB, Xero, QuickBooks Online, Handisoft, APS, BGL Simple Fund 360, Class Super, and all major document management platforms used by accounting practices.
How does Kinsoft protect accounting firms from ATO-related fraud?
MFA on all ATO portals and accounting software, advanced email security, endpoint detection for credential theft malware, staff phishing training, and current patching of all accounting software — addressing the most common attack vectors targeting practices.
Can Kinsoft help our firm meet AFSL cybersecurity obligations?
Yes. We implement controls consistent with ASIC’s cyber resilience guidance — risk assessments, Essential Eight controls, incident response planning, and compliance-ready documentation. We coordinate with your compliance consultant to align technical controls with your licence requirements.
Call 02 9064 2663 or contact us to discuss IT support for your accounting firm.