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 with the latest scam trends, with recent research showing that almost one in three people fail to recognise a scam.

According to a survey conducted by YouGov, while nine out of ten Australians were confident they could spot a fake text message or email, only 69 percent of Australian adults were able to successfully identify all scam attempts in the test.

The Commonwealth Bank of Australia said in a statement that SMS phishing scammers are posing as members of the Australian Taxation Office and myGov to obtain personal information such as bank card details.

“The link in the SMS takes the recipient to a fake website that can look very real.

“There will be a place where you can enter your card details and then unfortunately you are giving them access to your money.”

James Roberts, general manager of group fraud at the CBA, said it was worrying that almost a third of Australians tested were unable to identify all scams.

“As a nation, we have made good progress in reducing the impact of fraud, but we all need to remain vigilant and keep an eye on the latest fraud trends,” Roberts said.

“Fraudsters are the most opportunistic criminals and will actively try to capitalize on tax season.

“Everyone should be alert to text messages and emails revealing the identity of myGov and ATO.

“You may appear in a thread with legitimate messages from these organizations.”

Mr Roberts said the biggest warning sign of this type of scam was the link, which was significantly different from the official addresses of the myGov and ATO websites.

“If you are unsure, contact the organisation on a verified phone number or through their official website or app, otherwise delete the text,” Mr Roberts advised.

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

Read related topics:Tax time

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