Westpac’s commitment to security means you can feel confident that your data, information and payments are secure with the latest technology.
Corporate Online employs a 'best of breed' security model, utilising a range of protective technologies to guard your organisation's information, and to assist you in better management of the risk of fraudulent activity.
Corporate Online uses the latest encryption technologies to protect your data.
When granted access to Corporate Online, your staff members are established individually as users within the organisation. They are provided with their own unique customer number and password which are linked to your organisation.
This means their access and privileges can be customised, so they can only see and action those functions you choose. At sign-in only the appropriate menus and functions will be shown to them - enabling segregation of duties where required.
Corporate Online delivers an extra level of security when authorising changes or making high value payments, using the SecurID® token.
How does the SecurID® token work?
- It is issued only to staff you designate as 'authorisers'. To be issued a token, an authoriser usually is required to provide additional forms of identification on registration for Corporate Online
- The token has a permanent serial number on its base. It also generates a dynamic security code on the display list that is valid for just 60 seconds
- Both the token password and dynamic security code must be entered by the user when signing in to Corporate Online.
Business continuity planning
Corporate Online can provide your organisation with improved provision for business continuity and 'disaster recovery'.
As both Corporate Online data and software is hosted at Westpac, loss of your computer equipment (for example, through breakdown or theft) or of access to your buildings (e.g. through fire or flood) doesn't have to mean loss of access to your accounts or transaction services.
Security guidelines and training
Guidelines for managing internet security can be included as part of your training when your organisation is established with Corporate Online.