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ATO issues fresh email scam warning as fraud spikes

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ATO issues fresh email scam warning as fraud spikes

The ATO has issued a public alert warning of a potential email scam affecting clients, following an increase in fraud activity in recent months.

Technology Jotham Lian 22 January 2018
— 1 minute read

The ATO is warning of an email scam, which features the tax office’s letterhead and an email address similar to those used in official ATO correspondence.

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In an example email provided by the ATO, scammers are asking people to complete an online ‘tax form’ through a link that contains malware.

The tax office has advised on several telltale signs of an email scam including that the email doesn’t have a @ato.gov.au sender email address, even though the sender may look similar. Other signs include that the client is not specifically named and poor grammar.

Professionals are often certain they wouldn’t fall victim to a dodgy email, but similar scams involving fake emails from ASIC almost fooled some SMSF and advice professionals last year.

This latest scam alert follows email scams from March to September 2017, and a phone scam alert in December last year.

Cyber frauds and scams have been in the spotlight recently, with tax professionals being urged to tighten up their processes with the impending Notifiable Data Breaches (NDB) scheme set to kick off next month.

The scheme will commence on 22 February and will require agencies, organisations and certain other entities to provide notice to the Office of the Australian Information Commissioner (OAIC) and affected individuals of a data breach.

The scheme will cover accountants and tax professionals who deal with tax file numbers, as well as entities that have an annual turnover of more than $3 million.

ATO issues fresh email scam warning as fraud spikes
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Jotham Lian

Jotham Lian

Jotham Lian is the news editor of Accountants Daily, the leading source of breaking news, analysis and insight for Australian accounting professionals.

Before joining the team in 2017, Jotham wrote for a range of national mastheads including the Sydney Morning Herald, and Channel NewsAsia.

You can email Jotham at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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