Online businesses in the UK are being warned by Bacs Payment Schemes Limited (Bacs) that they could be locked out of secure websites including those used to make salary payments, if they don’t act to update their systems. From 13 June, Bacs is adopting the new security, called SHA-2- SSL. At the same time as this change is being made, Bacs will withdraw support for older connection protocols to beef up security between connections. After 13 June 2016, only TLS 1.1 and 1.2 will be supported, meaning that IT departments professionals who want to access Bacs via Bacstel-IP or the Payment Services website to make or collect payments will need to have a web browser, operating system, and – if used – a Bacs Approved Software Solution that support these changes. It’s a significant shakeup that could have serious implications for UK businesses which use Bacs to make salary payments, and IT departments which manage back office supplier payments or payment collection by Direct Debit will be affected. This security update will affect everyone using Bacs to pay their staff and suppliers, or collect payments from customers using Direct Debits. In short, it adds stronger security to the way in […]
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