Companies using Bacs’ payment services need to ensure they are ready for a new level of internet security coming into effect next year.
Bacs, which processes direct debit and direct credit payments, explained that a more sophisticated level of internet security, known as SHA-2, is being adopted by the likes of Microsoft and Google.
Organisations that use Bacs to collect or make payments – including paying salaries and pensions – need to ensure they can accommodate this new system, as failure to do so could result in them being unable to access Bacs’ services after 1 June 2016.
Bacs warned that it would be withdrawing support for older connection protocols, and that only TLS 1.1 and 1.2 would be usable after this date. It will not be possible to access Bacs via Bacstel-IP or the Payment Services website if service users do not have in place a web browser, an operating system and, if used, a Bacs Approved Software Solution, that support these changes.
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