Business.gov.au have published an article on five ways business owners can protect their business from scammers during tax season.
Business.gov.au emphasised in their article that the end of a financial year isn’t just a busy time for businesses but it’s also a prime time for cybercriminals trying to steal information and money.
The five ways business owners can protect their business from scammers during tax season are: knowing the status of their tax affairs, monitoring accounts for suspicious activity, keeping business information safe, being smart with social media, and being scam savvy.
In regards to knowing the status of their tax affairs, Business.gov.au are reminding business owners of the ATO scams and that they’re less likely to fall victim to a scam if they’re aware of debts owed, refunds due and lodgements outstanding. These details can be regularly checked at myGov.
In regards to monitoring accounts for suspicious activity, Business.gov.au emphasised to business owners the importance of noticing transactions they didn’t make and to remove system access from those who no longer require it and/or those who don’t work for them anymore.
In regards to keeping business information safe, Business.gov.au emphasised the importance of business owners being aware of anyone asking them to confirm their details, and to not share details unless they’ve checked that the person they’re dealing with is who they say they are.
In regards to being smart with social media, Business.gov.au recommends that business owners consider what information they’re sharing publicly, as scammers use information from social media to impersonate businesses and target their clients by email.
In regards to being scam savvy, the article provides a link to an ATO quiz for business owners to take to become scam savvy and beat scammers at their own game.
Business.gov.au’s article can be read in full here.
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