New ATO ‘Verify Call’ Feature: Instant Protection Against Phone Scams As tax time approaches, so does the annual spike in scam calls pretending to be from the ATO. These calls are becoming increasingly convincing — and increasingly costly for those who get caught by them. The ATO has now launched a simple, powerful solution: the [...]
Cyber in accounting: Safeguarding financial data in a digital age Cybersecurity is fast becoming a critical business strategy – and if it’s not, it should be. Many businesses hold critical data that poses significant risk to both businesses and their customers if the data they hold is not safeguarded from cybersecurity threats. The largest threats [...]
Top cyber security tips for business It is important you keep all your business and client information secure. If your data is lost or compromised, it can be very difficult or very costly to recover. The ATO has developed these tips in consultation with the Cyber Security Working Group (CSWG), a group of tax practitioner industry [...]
Another Timely Warning Against Identity Theft The ATO is reminding Australians to protect themselves against identify theft this tax time. Assistant Commissioner Graham Whyte said identity theft was more common during tax time because of the large number of people lodging tax returns. “With the amount of personal information being exchanged at tax time, it [...]
