SAP NZ Payroll User Group meeting post-event resources

Payroll compliance and data security: Are you prepared?

Payroll teams handle some of the most sensitive employee data, yet evolving privacy laws and increasing cyber threats put many organisations at risk. A data breach isn’t just about fines; it can damage trust, disrupt operations, and lead to costly legal reviews.

Regulatory pressure is increasing, with New Zealand’s Privacy Act 2020 and global regulations like the GDPR (General Data Privacy Regulation) driving stricter compliance requirements. At the same time, payroll data is a prime target for cyberattacks and internal misuse, given its high-value personal and financial information. While some organisations assume fines are the biggest risk, the real impact of a data breach goes far beyond penalties. Investigations, reputational damage, and operational disruption can create long-term challenges.