It’s a busy time of year for Accountants and Bookkeepers — but we are not the only ones.
Cyber security experts are predicting an increase in scam activity targeting small-to-medium businesses over the next month as fraudsters ramp up their tax time scams.
You need to be vigilant, with a recent survey finding just over 80% of Small business owners say they’re worried about online identity theft over the end of financial year period, mainly due to the large amount of information that is now transferred online.
Common scams to watch out for this tax time
Experts are saying that July will be the heaviest month for scam activity, but are predicting a large volume of email fraud to start floating around over the next couple of weeks.
Here’s what to watch for.
Advice for beating the scammers
The golden rule: if it sounds too good to be true, it probably is, or at least merits a sceptical approach.
It is important to keep in mind you personally are much more likely to be targeted as a security vulnerability than your computer is. In other words, humans are the weak point scammers are targeting.