How to Spot Scams and Stay Safe

End of the Financial Year (EOFY) has arrived and this means an increase in scams to try and spot. The Australian Competition and Consumer Commission have recorded over $14M lost by businesses in payment redirection scam losses this year, just one of the biggest scams in 2021 (The Fintech Times, April 2021).

Cybercriminals use timing and current events to make their scams look more convincing. Tax season is scam season! Knowing that people are expecting more invoices and communications from the ATO and other government agencies at this time of year just heightens cybercriminal activity. How can you spot scams?

We’re attaching here, an Infographic put together by our Cybersecurity partner Practice Protect. This infographic highlights how you can spot an email scam.

This PowerPoint document was also put together by our Cybersecurity partner Practice Protect. It highlights the most common scams this time of year such as;

  • False tax refund payments
  • Fake Invoices
  • Voice Mail Scams
  • COVID-19 Scams

Feel free to distribute this among your team members.

You can also watch this short video:

https://www.youtube.com/watch?v=0SwjYgw4Rww
A Note About Cyber Security

We live in a digital world where our company’s data and (crucially) our customers’ data are under constant attack. As a result, hackers are always looking for new ways to break into your systems and databases. This has resulted in many significant data breaches in recent years.

For further information on scammers and cyber security, check this blog post: Cyber Security: Is your Business Focused Enough?

Thanks and stay safe!