“New Year, new scam”: ATO sounds the alarm as fraudsters change tactics
Monday, February 4, 2019/
After an uptick in reports of fraudsters impersonating the tax office via phone scams in 2018, the ATO has issued a New Year warning about a worrying evolution in their tactics.
Assistant commissioner Karen Foat says scammers have taken to spoofing the ATO’s number to send fake SMS messages to taxpayers asking them to hand over their personal details for apparent “tax refunds”.
The text messages, which have been circulating over the last few weeks, have in some instances told recipients they can claim thousands of dollars in refunds.
The ATO does send text message reminders to taxpayers, however, they don’t include click-through links.
A website hosting the scam over the last fortnight has been shut down but it is understood the messages are still being sent.
“This scam is not just targeting your money, but is after your personal information in an attempt to steal your identity,” Foat said.
“Taxpayers should be wary of any phone call, text message or email asking you to provide login, personal or financial information, especially if you weren’t expecting it.”
Spoofing is a common practice used by scammers that allows them to imitate the ATO’s official phone number in an attempt to appear authentic to potential victims.
But the ATO says it won’t send taxpayers requests to click links or provide login information.
Last year hundreds of thousands of dollars was lost to ATO scammers, with a similar scheme that spoofed the ATO’s number for fraudulent phone calls proving successful.
Experts believe the increasing frequency of high-profile data breaches is fuelling the activity as it’s providing scammers with cheaper and more accessible contact information.
Andrew Bycroft, chief executive of the International Cyber Resilience Institute says spoofing has been happening for a long time and can also be done with email domains.
“There is no substitute though for validating any messages that appear to come from the ATO that seem a little out of the ordinary,” he tells SmartCompany.
“If in doubt, go to the ATO website, obtain the phone number listed there and then call and explain you received a message.
“They will be able to either confirm or deny that it is legitimate, do not call the numbers or links that are sent in an email or SMS as, if these are scams, you will be communicating with the scammers instead of the ATO,” he advises.
Feel the churn: How to bounce back after losing staff and clients Sue Parker DARE Group founder
“Motivation is a feeling, commitment is a mindset”: Why you should start investing in yourself right now Lisa Stephenson Who Am I Projects founder
How to call your team into action with a winning presentation Emma Bannister Presentation Studio founder
The link between diet and mental health — and how to eat your way to wellbeing Kate Save Be Fit Food co-founder
From interactive videos to AI: The five marketing trends that will dominate 2019 Warwick Boulter Collaboro co-founder
Australia is leading the legaltech revolution, but what does this mean for lawyers, firms and clients? Jodie Baker Xakia founder
Why a video news release needs to be part of your PR strategy Leisa Goddard Adoni Media managing director
Want to catch more customers? Here's how to create a super sales funnel Jovana Vujnic Bumper Leads founder