Avoiding Tax Time Email Scams

Posted by Link4 Team on 25/06/2018

While you’ve been busy getting ready for EOFY, scammers have been working even harder over the past few months to create intricate tax time-related scams.

Around EOFY, scammers tend to target businesses and individuals with financial email scams. They’ll brand hack financial institutions and government agencies like the ATO and send convincing emails asking for money or to claim their tax return.

While businesses and individuals are often the biggest scam targets, when it comes to EOFY, business owners are often more heavily targeted. Scammers are hoping that by trying to pass off an email as a ‘tax issue’ a business owner will be more likely to click on it and take action.

#ZERODAY #FASTBREAK Fake invoice plain text email with different subjects and sender variants #brandjacking @MYOB includes an HTML attachment with payload. More on the blog: https://t.co/6wDHG6dlPj

#Phishing #Malware #CyberSecurity #CyberCrime #MailGuard @scamwatch_gov pic.twitter.com/r65ogltfUR

— MailGuard (@MailGuard) June 8, 2018

Some businesses may only deal with such government agencies once a year when they complete their tax returns and lodge reports – so it can be really confusing if you don’t know how to spot the difference between your normal emails.

What’s the best way to beat email scams?

If you’re unsure, treat any suspicious email as a scam until you’re 100% sure that it’s a real email.

If you do receive an official-looking email but suspect it’s a scam, don’t click on anything in the email!

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