The Koustas ORAcle | Melbourne Accountants

ISSUE #104 - ATO issues an urgent warning about email scam

Written by Koustas + Co | Apr 2, 2019 2:50:36 AM

 

 

How does it work?

The fake email opens with a statement that the receiver is eligible to receive a certain amount of money for a cash back.

To make the email appear legitimate it displays the myGov logo, to increase familiarity and the chances of someone clicking on it.

Clicking on the link directs the reader to fill out a form that steals the user's personal information.

 

Red flags in this email:

  • URL - Hovering over the link in the email shows an website which is different from the my.gov.au site
  • Email address - the sender is not a registered ATO email.
  • Sender - No sender's name is displayed

 

Tax Season Spike in Cyber Crime

During tax season and at the end of financial year we always see a spike in cyber crime activity, as the volume of phishing emails being sent increases dramatically

Make sure you stay alert to avoid becoming an unnecessary and unwanted statistic.