Cybersecurity Reminder: Protecting Your Superannuation
Cogger Gurry • April 15, 2025
Recent cyberattacks targeting accounts within industry superannuation funds have highlighted just how important it is for all of us to stay vigilant about online security.
While no breaches have been reported among Self-Managed Super Funds (SMSFs), these incidents are a timely reminder that cybercriminals are becoming increasingly sophisticated—and no one is completely immune.
What you can do to protect yourself:
- Use strong, unique passwords for each of your financial accounts
- Enable multi-factor authentication (MFA) wherever possible
- Regularly check your accounts for any unusual activity
- Be cautious of phishing attempts—never click on suspicious links or provide personal information via email or text
Cybersecurity is everyone’s responsibility. A few simple precautions can go a long way in protecting your personal and financial information.
If you want to find out more, please contact us on 03) 5571 0111
Please note that Xero has recently made changes to their subscription plans with the major change of added Payroll and Superannuation functionality to their Ignite and Grow plans. As we are at the start of a new financial year this may be an appropriate time for you to review your business’s subscription level to ensure you are on the most suited plan for your business needs. If you have any questions, feel free to contact us to discuss your software needs. 03)5571 0111
If you have paid wages to employees in the 2025 financial year you will need to make a finalisation declaration by 14 July 2025 to ensure your employees can access their finalised information to complete their tax return. When you have reported and finalised your employees' information through STP, you are exempt from: providing payment summaries to your employees lodging a payment summary annual report. For payments to your employees that were not reported through STP, you still need to: give a payment summary to your employees provide the ATO with a payment summary annual report for these payment summaries. For small employers (19 or fewer employees) who only have closely held payees, the due date for end-of-year STP finalisation is the payee's tax return due date. If you would like to know more, you can visit Here
At CoggerGurry, we understand that every business is unique, with its own set of challenges and aspirations. Our Business Advisory services are designed to provide personalised, strategic support that aligns with your goals and helps you move confidently toward long-term success. We offer practical support in: Strategic Planning & Business Structuring – We help you set a clear direction for growth and resilience. Succession & Estate Planning – Guiding you through securing the future of your business and family wealth. Financial Analysis & Forecasting – Making sense of your numbers to inform smarter decisions. Cash Flow Management – Developing strategies to improve your cash position and future planning. Quarterly Business Reviews – Keeping you accountable and on track throughout the year. Now is a great time to take stock and set your business up for the new financial year. Whether you're looking to grow, manage risk, improve profitability, or plan for succession, our advisory services can help you get clarity and take action with confidence. Our approach is collaborative and long-term – we become part of your team. Based in Hamilton, Victoria, we bring regional knowledge, genuine relationships, and deep commercial expertise to help you and your business thrive. To learn more or book a confidential discussion, get in touch with our team. 03)5571 0111
