Almost one third of Australians failing to spot tax scam ahead of tax season

Australians are being urged to stay vigilant and keep abreast of the latest scam trends, as new research reveals almost one in three people fail to recognize a scam.

Research by YouGov found that while nine out of ten Australians were confident they could spot a fake text or email, only 69 per cent of Australian adults successfully identified all scams when tested.

SMS phishing scammers impersonate the Australian Taxation Office and myGov in order to “spoof” personal information, including bank card details, the Commonwealth Bank of Australia explained in a statement.

“The link in the SMS will take the recipient to a fake website that may look very real.

“There will be a place to enter their card details and then unfortunately that will give access to their money.”

James Roberts, the CBA’s managing director of group fraud, said it was worrying that almost one-third of Australians tested were unable to spot all the fraud.

“We have made good progress as a nation in reducing the impact of fraud, but we all need to remain vigilant and monitor the latest fraud trends,” Mr Roberts said.

“Fraudsters are the most opportunistic of criminals and will actively advertise to take advantage of tax season.

“Everyone should be wary of texts and emails posing as myGov and the ATO.

“They can appear in a set of legitimate messages from these organizations.”

Mr Roberts said the main red flag for this type of scam was a link that would be quite different from the official myGov and ATO website addresses.

“If you’re not sure, contact the organization on a verified phone number or through their official website or app, otherwise delete the text,” Mr Roberts advised.

“If you think you may have been a victim of fraud, contact your bank immediately.”

Read related topics:Tax time

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