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

Australians are urged to be vigilant and stay up to date on the latest scam trends, with new research revealing almost one in three people fail to recognize a scam.

The research, conducted by YouGov, found that while nine in ten Australians were confident they could identify a fake SMS or email, only 69% of Australian adults successfully identified all scams when tested.

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

“The link within the SMS will take the recipient to a fake website, which may appear very real.

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

James Roberts, general manager of the CBA’s fraud group, said it was concerning that almost a third of Australians tested were unable to spot all the scams.

“As a nation, we have made good progress in reducing the impact of scams, but we must all remain vigilant and address the latest scam trends,” Roberts said.

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

“Everyone should keep an eye out for text messages and emails impersonating myGov and the ATO.

“They may appear in a thread of legitimate messages from these organizations.”

Roberts said the main red flag for this type of scam is the link, which would differ significantly from the addresses of the official myGov and ATO websites.

“If you are unsure, contact the organization via a verified phone number or via the official website or app, otherwise delete the text,” Roberts advised.

“If you think you are the victim of a scam, contact your bank immediately.”

Read related topics:Tax time

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